18.05.2023
On 3 May 2023, the next meeting of the AHK Azerbaijan Construction and Infrastructure Working Group took place with the Baku General Directorate on Architecture and Urban Planning under the State Committee on Urban Planning and Architecture.
Amending the Civil Code was entered into force introducing changes in four areas
On 24 February 2023, Act No. 822-VIQD amending the Civil Code was entered into force, introducing changes in four areas: on the conclusion of written contracts, on the loan agreement, and adding articles on the credit agreement and the consumer credit agreement.
GRATA International is participating at the EBRD Annual Meeting & Business Forum in Uzbekistan
On May 16-18, 2022, the EBRD Annual Meeting & Business Forum will be held in Samarkand, Uzbekistan.
12.04.2023
On April 12, 2023, Legal 500, a global legal directory, released its rankings of leading law firms and lawyers in Europe, Middle East and Africa - Legal 500 EMEA 2023. The rankings reveal that GRATA International has maintained its success from the previous year, with strong rankings in Azerbaijan, Georgia, Kazakhstan, Tajikistan and Uzbekistan.
Amendments were made to the Tax Code providing for the application of incentives to activities in the field of production of agricultural products and foodstuffs were adopted
According to Articles 102.1.11 and 102.1.11-1 of the Tax Code, income of individuals from direct production of agricultural products (including industrial production), including non-operating income of individuals engaged in production of agricultural products from this activity
Amendments were made to the Tax Code regarding regulation of activities of residents of the countries with preferential tax regime
According to paragraph 10 of Article 13.2.16.14-1 of the Tax Code, transfer of net income of the permanent establishment of non-resident located in the countries or territories with preferential tax regime to the account of this non-resident will not be considered as income from Azerbaijani sources