Chemicals manufacturer transfers over $5 million to social fund
Azerbaijan, Baku, Aug 28 /Trend E.Ismayilov/I
January-July, Azerkimya paid 2.21 million manat into the state budget as income tax, the company said on Tuesday.
According to the report, the figure was 390,540 manat in July.
The production association transferred more than four million manat to the State Social Protection Fund in January-July. This figure was 684,100 manat in July.
Azerkimya is subordinated to the SOCAR.
According to the decree by the Azerbaijani president dated April 22 on the amendments and additions to the decree dated January 24, 2003 on improving the structure of the State Oil Company of Azerbaijan, it was decided to create an Azerkimya production unit under SOCAR.
According to an order signed by the president of SOCAR Rovnag Abdullayev, the plants on surface-active Substances, organic synthesis, mechanical repair and the Institute Kimyaelmitedgigatlahiya were subordinated to Azerkimya as facilities without the rights of legal entities
The official exchange rate on Aug 28 is 0.7854 AZN/USD