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Basic Insurance Tariffs on Obligatory Insurance of Azerbaijani Auditor’s Civil Responsibility Established

Business Materials 2 October 2007 20:55 (UTC +04:00)

Azerbaijan, Baku / / Basic tariffs on obligatory insurance of auditors' civil responsibility have been defined by the order of Azerbaijani Cabinet. People engaged in auditing must pay 1% of the insurance sum, while juridical entities must pay 1.5%.

Cabinet made the decision in accordance with the decree of Azerbaijani President on application of the law on obligatory insurance of auditors' civil responsibility dating to 16 August.

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