Meanwhile, the parliament adopted amendments to the Law "On Social Insurance". Foreign residents of Azerbaijan`s industrial parks are also exempt from the payment of compulsory social insurance for five years (from May 1, 2016).
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Azerbaijan exempts industrial parks
06 May 2016
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Azerbaijan exempted its industrial parks` residents from customs duties on imports for five years from May 1, 2016.
This was envisaged by the amendments to the Law "On customs tariffs." The amendments were adopted on May 6 at the plenary session of the Azerbaijani parliament.
Meanwhile, the parliament adopted amendments to the Law "On Social Insurance". Foreign residents of Azerbaijan`s industrial parks are also exempt from the payment of compulsory social insurance for five years (from May 1, 2016).
Meanwhile, the parliament adopted amendments to the Law "On Social Insurance". Foreign residents of Azerbaijan`s industrial parks are also exempt from the payment of compulsory social insurance for five years (from May 1, 2016).
