Azerbaijan’s VAT Exemption for Leased Assets Imports: What You Need to Know

• Azerbaijan has exempted the import of certain leased assets from VAT
• This exemption aims to promote leasing activities in the country
• The decision was made to attract more foreign investment and boost the economy
• The exemption applies to assets that are imported for leasing purposes only

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.