The certain principles relating to Taxes contain in the Contract on Joint Development and the Equity Section of Production on Azeri's fields and Chirag and Deep-water Part of the Field of Gyuneshli in the Azerbaijani Sector of the Caspian Sea signed between the State Oil Company of Azerbaijan Republic and the Contract Parties on September 20, 1994 and which came into complete legal force since December 12, 1994 ("Contract").
The Cabinet of Ministers of the Azerbaijan Republic published the Order number 50 of March 7, 1995 about creation of the Commission under the leadership of the Deputy Minister of Finance consisting of representatives of the Ministry of Finance, Ministry of taxes, the State Customs Committee of the Azerbaijan Republic and the State Oil Company of Azerbaijan Republic ("Commission") for the purpose of establishment and approval of the Contract parties of the administrative rules necessary for implementation of tax provisions of the Contract.
The this Protocol became effective since January 1, 2002 and replaces the Protocol of April 24, 1995 on the Taxation of Foreign subcontractors.
The commission and the Contract parties agreed to sign Protocols for establishment of these rules, including the this Protocol of January "1", 2002 about the taxation of Foreign subcontractors in the Azerbaijan Republic. The this Protocol determines rules of the taxation of Foreign subcontractors (except the Contract parties and Operating Company) and their mutual understanding by the Contract.
The this Protocol treats Foreign subcontractors with which to straight lines or the contract for provision of Goods, Works or Services in the Azerbaijan Republic in communication is indirectly signed by Hydrocarbon activities by the Contract party or Operating Company or subcontractor. If Foreign subcontractors will perform the activities which are not connected with Hydrocarbon activities in the Azerbaijan Republic, such Foreign subcontractors are subject to the taxation according to the Legislation of the Azerbaijan Republic.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.