Last week’s laws, orders and decrees in Azerbaijan (Oct. 17-21)
Azerbaijan’s Qazakh receives 3M manats for renovation
Azerbaijani President Ilham Aliyev signed an order providing funding for renovation of multi-apartment residential buildings in the city of Qazakh.
Under the presidential order, three million manats were allocated from the President`s Contingency Fund to Qazakh District Executive Authority for renovation of 24 multi-apartment residential buildings in the city.
Azerbaijan removes taxes on transshipment of transit goods
Azerbaijan’s President Ilham Aliyev has signed a decree on application of the “Law on Amending Tax Code of Azerbaijan” adopted by the country’s parliament September 30.
The amendments stipulate removing the value added tax (VAT) for the goods transshipment services directly related to transit cargo transportation.
The VAT rate in Azerbaijan is 18 percent.