Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

The gross income of a non-resident
from an Azerbaijani source
not attributable to a PE of the
non-resident on the territory of
Azerbaijan is subject to taxation
at the source of payment, without
deduction of expenses.
Value of goods, works, and
services provided and value of
taxable import.
Enterprises or entrepreneurs
making payments to non-residents.
Payments made by the PE of
non-residents are treated the
same as the payments of resident
enterprises.
Withholding Taxes from income of
non-residents 4%, 6%, 10% and
14% depending on type of income
• The cost of property purchased
from state enterprises in the
course of privatization;
• the provision of financial services
(including a financial lease);
• contributions to a Charter Fund
etc.
The following are subject to ‘0’
(zero) rate:
• The purchase of goods or
services, or importation thereof,
with the proceeds of foreign
grants;
• Exports, etc.
• Transit transportation of
goods through the territory of
Azerbaijan;
• temporary imports of goods into
Azerbaijan except for goods
intended for re-export;
• gods that are intended for
re-export and secured under a
pledge etc.
continued on the next page
Value Added Tax (VAT) 0 and 18% Any person registered or required
to register as a VAT payer. There is
a requirement to register for VAT
purposes if turnover of a taxpayer
exceeds a certain threshold.
Persons importing goods to which
VAT applies are considered payers
of VAT on goods so imported.
Release of excise goods produced
in Azerbaijan and import of excise
goods into Azerbaijan.
Excise goods are spirits, beer
and all kinds of alcohol, tobacco
products, and petroleum products.
All persons engaged in the
production of excisable goods in
Azerbaijan or importation of such
goods into Azerbaijan.
Excise Tax, various rates (per unit,
volume etc)
ANNEXES
201