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LAW OF THE AZERBAIJAN REPUBLIC

of December 27, 2022 No. 763-VIQD

About introduction of amendments to the Tax Code of the Azerbaijan Republic

Millie Majlis of the Azerbaijan Republic, being guided by Item 15 of part I of article 94 of the Constitution of the Azerbaijan Republic, decides:

Article 1. Make the following changes to the Tax code of the Azerbaijan Republic (Collection of the legislation of the Azerbaijan Republic, 2000, No. 8 (volume I), Art. 583; 2001, No. 7, Art. 454, No. 9, Art. 576). No. 12, Art. 734, 2002, No. 5, Art. 249, No. 12, Art. 707, 2003, No. 8, Art. 425, No. 12 (volume I), Art. 671, 2004, No. 1, 1, 11, 887, 12, 980, 2005, 2, 61, 8, 688, 12, 1081, 2006, 12, 1005, 1026 2007, No. 1, Art. 4, No. 6, Art. 597, No. 8, Art. 745, No. 11, Art. 1053, No. 12, Art. 1192, 2008, No. 7, Art. 960, 2009, No. 7, Art. 506, 2011, No. 1, Art. 14, No. 7, Articles 588, 603, No. 12, Art. 1115, 2012, No. 6, Art. 7, Article 652, No. 9, Article 841, No. 12, Article 1226, 2013, No. 2, Article 91, No. 4, Article 366, No. 11, Article 1278, No. 12, Article 1483, 1486, 1495, 2014, No. 2, Articles 94, 98, No. 6, Article 608, No. 7, Article 770, No. 8, Article 957, No. 10, Article 1158, No. 12, Article 1525; 2015, No. 1, Art. 11, No. 12, Art. 1433, 2016, No. 2 (volume I), Art. 207, No. 3, Art. 396, 402, No. 5, Art. 848, No. 6, Art. 973, 974, 1015, No. 7, Art. 1245, No. 10, Art. 1603, No. 11, Art. 1752, 1792, 1793, No. 12, Article 2001, 2037, 2046; 2017, No. 2, Art. 146, No. 5, Art. 695, 723, 737, No. 6, Art. 1055, No. 7, Art. 1304, No. 8, Art. 1509, No. 12 (book I), Articles 2219, 2251, 2270; 2018, No. 2, Art. 149, No. 5, Art. 863, No. 6, Art. 1193, No. 7 (volume I), Art. 1414, 1427, No. 10, Art. 1962, No. 11, Art. 2186, 2210, No. 12 (I book), unit unit 2498, 2509; 2019, No. 1, Art. 30, No. 4, Art. 590, No. 5, Art. 796, 801, 804, 812, 814, No. 8, Art. 1364, 1373, 1378, No. 12, Art. 1894; 2020, No. 5, Art. 522, No. 6, Art. 668, 678, No. 7, Art. 832, No. 8, Art. 1013, No. 11, Art. 1439, 1441, 1454, 1455; 2021, No. 3, Art. 211, No. 6 (volume I), Art. 541, 551, 555, No. 7, Art. 698, 711, No. 8, Art. 894, No. 10, Art. 1090, 1092, No. 12, Articles 1305, 1337; 2022, No. 1, Articles 6, 7, 17, No. 6, Article 587, No. 7, Article 716, No. 8, Article 832):

1.1. In Article 13.2.53 after the words "in the park of technologies" to add the word "or out of the park of technologies";

1.2. Add with Article 101.7 of the following content:

"101.7. Irrespective of other provisions of this Article the income tax assesses the monthly income from paid work of the physical persons working for the taxpayers performing activities for system integration, preparation and development of the software outside the park of technologies as resident of the park of technologies in the following procedure:

101.7.1. Within 3 years since January 1, 2023 in case of the monthly income to 8000 manats - 0 percent, 5 percent from the amount exceeding 8000 manats;

101.7.2. Within 7 years since January 1, 2026 of 5 percent from the monthly income.";

1.3. At the end of Article 102.1.21 to replace semicolon with point and to add with the second offer of the following content:

"The privilege provided by this Article extends also to the income of persons which as resident of the park of technologies performs activities for system integration, preparation and development of the software outside the park of technologies from these activities (including the services in enhancement, technical support and training rendered to buyers proceeding from implementation of these activities)";

1.4. At the end of Article 106.1.13 to replace semicolon with point and to add the second offer of the following content:

"The privilege provided by this Article extends also to the income of legal entities which as resident of the park of technologies performs activities for system integration, preparation and development of the software outside the park of technologies from these activities (including the services in enhancement, technical support and training rendered to buyers proceeding from implementation of these activities)";

1.5. Add with Article 122.5 of the following content:

"122.5. The dividends paid by persons performing activities for system integration, development and development of the software outside the park of technologies as resident of the park of technologies are not assessed with tax at payment source within 10 years, since accounting year in which the registration certificate of the park of technologies is received";

1.6. Add Article 199.7 with the second offer of the following content:

"The privilege provided by this Article extends also to persons performing activities for system integration, preparation and development of the software outside the park of technologies as resident of the park of technologies.";

1.7. Add Article 207.3 with the second offer of the following content:

"The privilege provided by this Article extends also to persons performing activities for system integration, preparation and development of the software outside the park of technologies as resident of the park of technologies.".

Article 2. This Law becomes effective since January 1, 2023.

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