CESD offers a tax exemption for e-trade

CESD offers a tax exemption for e-trade The 5th Tax Forum was taken place in Baku, Azerbaijan on February 10th, 2016. Chairman of the Center for Economic and Social Development (CESD) Vugar Bayramov, who addressed the forum, has proposed to exempt e-commerce within the country from VAT. “The matter rests in entrepreneurs who sell their products only through the Internet,” he said. He also noted that it is possible to set a limit in the amount... Read More

CESD Policy Recommendation is on the Official Agenda

CESD Policy Recommendation is on the Official Agenda The CESD policy recommendation on applying tax refund system in Azerbaijan was taken into Government of Azerbaijan’s agenda. The recommendation was presented by the CESD on December, 2011 and broadly referenced by almost all leading mass-media institutes.  Russian version of CESD recommendation is available at http://cesd.az/new/2011/12/russian-иностранцам-разрешат-вывозить-потр/?lang=ru... Read More

Azerbaijan Economy in 2012; expectations and challenges

Azerbaijan Economy in 2012; expectations and challenges Official forecasts for Azerbaijani economy in 2012 seem quite optimistic. According to Ministry of Economic Development reports although downturn in world economy. The Government of Azerbaijan (GoA) targets 5,7 % GDP Growth in 2012 meanwhile The Central Bank’s monetary policy is announced keeping inflation to single digits. Meanwhile, International Monetary Fund (IMF) projected at 7,1 % Azerbaijan’s... Read More