- The VAT registration threshold will be increased from 200,000 to 400,000 manats for retail and service sectors starting in 2026, considering non-cash transactions via POS terminals.
- For VAT purposes, only 50% of non-cash transactions through POS terminals will be counted towards the threshold.
- If the calculated turnover for VAT purposes is below 200,000 manats, businesses are not required to register for VAT.
- If the calculated turnover exceeds 200,000 manats, VAT registration becomes mandatory.
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.
Latest Posts in "Azerbaijan"
- Azerbaijan Introduces Mandatory VAT for Foreign Digital Service Providers by 2026
- Azerbaijan — E-Invoicing & E-Reporting Country Booklet
- VAT Refund Scheme Successfully Implemented in Nakhchivan
- Approval of Lists of VAT-Exempt Agricultural Equipment and Veterinary Medicines
- Approval of Lists of Tax-Exempt Equipment Imported by Industrial and Technology Parks
