Execution Law Reform in Azerbaijan: Tougher Penalties for Non-Compliance
Effective Date: July 16, 2025
Azerbaijan has introduced significant amendments to the Law “On Execution” aimed at strengthening the enforcement of court and…
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Recognition of Foreign Arbitral Awards & Corporate Transparency Reform
In a move that aligns Azerbaijan with global legal standards, the Supreme Court has clarified domestic procedures for recognizing and enforcing foreign arbit…
The 4-MKT Official Statistical Report Form Has Been Revised
On May 21, 2025, a decision was made to revise the 4-MKT official statistical report form related to Social benefits, compensations, and pensions.
The revis…
Changes in Rules for Onsite Tax Audit
On April 21, 2025, the Ministry of Economy of Azerbaijan updated the rules for onsite tax audits, originally approved on September 7, 2016. The update includ…
New Regulations on Employment Record Book in Azerbaijan
On May 12, 2025, Prime Minister of the Republic of Azerbaijan signed Decision No. 156, which approves the “Rules on the Form and Completion of Employme…
A New Era in Valuation Activity: Accreditation Rules for Non-Residents Approved
New accreditation rules have come into force for non-resident individuals to carry out valuation activities in the Republic of Azerbaijan. This decision was …
New Functionality Introduced in the “Labour and Employment” Subsystem through the EMAS platform
The “Official Correspondence Between Employers and Employees” section of the Labour and Employment Subsystem of the EMAS system has been enhanced…
Hourly Wage System will be implemented in Azerbaijan
Changes will be made to the Labour Code to introduce an hourly wage system in Azerbaijan. During the international conference dedicated to World Day for Safe…
Transition to the “e-Bulletin” System Starts on May 1
From May 1, 2025, Azerbaijan is switching to fully digital sick leave documentation. Thanks to the new “e-Bulletin” system, these electronic docu…
Legal Mechanism for Tax and Customs Exemptions expanded based on changes to the Law on Licenses and Permits
In Azerbaijan, a new legal mechanism has come into force that expands tax and customs exemptions for the import of machinery, technological equipment devices…
Amendments to the Decree on Exemption from Imported VAT for Raw Materials and Materials, approved on April 7, 2025
The amendments to the Decree on the List of raw materials and materials exempted from import value added tax. The amendments extend the exemptions for certai…