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PRESIDENTIAL DECREE OF THE AZERBAIJAN REPUBLIC

of January 31, 2017 No. 1218

About modification of the "Procedure for issue of the document of encouragement of investment" approved by the Presidential decree of the Azerbaijan Republic of January 18, 2016 No. 745

Being guided by Item 32 of article 109 of the Constitution of the Azerbaijan Republic, I decide:

1. Add with 5-1 part of the following content the "Procedure for issue of the document of encouragement of investment" approved by the Presidential decree of the Azerbaijan Republic of January 18, 2016 No. 745 (Collection of the legislation of the Azerbaijan Republic, 2016, No. 1, Article 67):

"5-1. According to the Presidential decree of the Azerbaijan Republic "About approval "Spheres of the invested economic activity, the minimum amount connected with amount of the investment project, and the administrative and territorial units where it will be realized" of April 20, 2016 No. 878 to the statement on the sphere of economic activity "Construction of facilities of tourist servicing which are in Master plans of development within tourist and recreational areas" in addition to documents, the stipulated in Item 5 presents About the conclusion of the Ministry of Culture and tourism of the Azerbaijan Republic about compliance of the investment project to the strategic plan on tourism development, Master plans of development of tourist and recreational areas, classification of tourist services, pro rata distribution of tourist services (distinction of products) at the regional level is attached.".

2. To the Cabinet of Ministers of the Azerbaijan Republic:

2.1. in three-months time to prepare and provide to the President of the Azerbaijan Republic offers on reduction of acts of the President of the Azerbaijan Republic to compliance with this Decree;

2.2. in three-months time to provide reduction of regulatory legal acts of the Cabinet of Ministers of the Azerbaijan Republic in compliance with this Decree and to inform on it the President of the Azerbaijan Republic;

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