- Sony Interactive Entertainment Network Europe Limited is registered for VAT purposes in Azerbaijan from April 1, 2025.
- The registration is part of reforms for taxing electronic commerce by foreign companies.
- From the specified date, banks will not calculate VAT on payments made by individuals for services provided by the company.
- The company operates in video games and digital entertainment, including licensing and selling digital content and games.
- It is registered in the United Kingdom and operates globally.
- Previously, Apple Distribution International Limited and Adobe Systems Software Ireland Limited were also registered for VAT in Azerbaijan.
- The process aims to expand the tax base for digital services and improve tax administration and fair competition.
Source: taxes.gov.az
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.