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Fazil Mammadov: VAT payment procedures will be improved

Business Materials 11 May 2006 19:54 (UTC +04:00)

Today Fazil Mammadov, the Minister of Taxes, met with entrepreneurs working in Azerbaijan. During the meeting the entrepreneurs discussed a range of questions and various problems which they face in the course of their business activity.

MCCI has remitted $ 138 millions to Azerbaijan Treasury said Yen Kokran, the Vice President of the company, We, as a foreign company, consider that the Azerbaijan government should render some support to business, although we know that the government is doing its best to achieve that

Igor Yakovenko, the head of AZEL stressed the issue of creation of free economic zones. В"This question is under the consideration of the Ministry of Communication within the frames of IT sector He requested the governments positive attitude towards this issue. Another question raised by head of AZEL was controlling copyrights and licensed software.

There will be some changes and the procedures for payment of VAT will be developed according to the tax minister. Soon this proposal may be submitted to parliament for consideration he added.

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