- Azerbaijan has extended the VAT exemption for imports by shipbuilding and ship repair enterprises for three more years, starting May 1, 2026.
- The exemption applies to all types of goods imported for operational purposes.
- The extension is based on amendments to the Tax Code approved by President Ilham Aliyev.
- The exemption requires a supporting document from a designated authority.
- The previous exemption was in effect from May 1, 2016, and was set to expire on May 1, 2026.
Source: trend.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.
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