Tax authorities
Ministry of Taxes of the Republic of Azerbaijan
AZ1073, 16, Landau Str., Baku, Azerbaijan Republic
Tel: +994 (12) 4038970
Fax: +994 (12) 4038971
Email: office@taxes.gov.az
Website: www.taxes.gov.az
Tax rates at a glance
(As of September 2011)
| Corporate Profits |
20% |
| Capital Gains |
20% |
| Permanent Representation |
20% |
Withholding Tax |
|
| Dividends |
10% |
| Interest |
10% |
| Royalties from Patents, Know-how, etc. |
14% |
| Management Fees |
10% |
| Income from International Transport of Goods by Sea |
6% |
| Insurance or Financial Lease Payments |
4% |
| Payments of Other Azerbaijani-source Income to Foreign Companies |
10% |
| Branch Remittance Tax |
10% |
Net Operating Losses (Years) |
|
| Carryback |
0 |
| Carryforward |
0 |
- Withholding taxes on dividends and interest are final withholding taxes applicable to payments to Azerbaijani and foreign legal entities.
- Withholding tax on royalties from patents, know-how etc., management fees, income from international transport of goods by sea, insurance or financial lease payments and payments of other Azerbaijani-source income to foreign companies is the final withholding tax applicable to payments to foreign legal entities.
Source: Ernst & Young