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Azerbaijan Tax Code Amendments: New VAT Exemptions for Local Bus Production and Renewable Energy

  • Azerbaijan approved amendments to the Tax Code on 27 December 2024
  • New VAT exemptions introduced
  • Eight-year exemption for selling Azerbaijan-made buses and spare parts
  • VAT exemptions for import of machinery and equipment for public-private partnerships
  • Exemptions for producers in renewable energy electricity projects with state purchase obligation for up to 30 years

Source: regfollower.com

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.

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