Azerbaijan to Waive VAT on Electric Bus Imports for One Year

Baku: The import of electric buses into Azerbaijan will be exempt from value-added tax (VAT) for a duration of one year. This initiative, reported by APA, is part of the draft law “On the State Budget of the Republic of Azerbaijan for 2026.”

Accordi…

SOCAR’s Dividend Payments to Budget Forecasted to Decline

Baku: SOCAR’s forecast for dividend payments to the state budget has been reduced, with the upcoming year’s dividend income from state-owned enterprises projected at 600 million manats.

According to Azeri-Press News Agency, this figure represents a…