Ernst & Young Holdings (CIS) B.V.
Port Baku Towers Business Centre
South Tower, 9th floor
153 Neftchilar avenue
Baku AZ1010, Azerbaijan
Tel: +994 12 490 7020
Country Tax Leader
Tel: +994 12 490 7020 ext. 3512
Tel: + 994 12 4907020 ext. 3512
|Corporate profits tax||20%|
|Capital Gains Tax||20%|
|Permanent representation tax rate||20%|
|Net Operating Losses (years)|
|Interest or financial lease payments||10%||B|
|Royalties from, for example, patents, know-how||14%||A|
|Income from international transport of international communication||6%||C|
|Payments of other Azerbaijani source income to foreign companies||10%||C|
|Branch Remittance Tax||10%||C|
A) These are final withholding taxes applicable to payments to Azerbaijani and foreign legal entities.
B) This is a final withholding tax applicable to payments to Azerbaijani and foreign legal entities, excluding Azerbaijani banks and leasing entities, and foreign banks and leasing entities operating in Azerbaijan through a permanent representation.
C) This is a final withholding tax applicable to payments to foreign legal entities.