Economy

New measure introduces 10% withholding tax on income from residential rentals by individuals

New law to add AZN 100 levy for individuals importing more than one phone a year; AZN 20 per device for commercial imports

Ankara sees Azerbaijan as a regional hub for ethical banking; Central Bank finalizing roadmap for Islamic finance model

Azerbaijan’s Oil Fund Surges to Record $70 Billion as Gold and FX Reserves Rise

Azerbaijan to Raise Minimum Subsistence Level and Poverty Threshold to 300 Manats

Cross-Border Payment Scams Escalate in Azerbaijan as Cybercriminals Target Cardholders

Azerbaijan Becomes a Magnet for Global Talent - From Builders to Programmers

Azerbaijan’s Tax Holiday Ends: Private Sector Faces New Deductions in 2026

AZAL Resumes Direct Flights from Baku to the Maldives Starting October 27

The Rural Price Paradox: Why Azerbaijani Villages Pay More Than Baku for Local Produce

IMF: Azerbaijan’s Foreign Reserves to Reach $11.9 Billion by Year-End

Azerbaijan to Begin Domestic Satellite Production, Eyes SpaceX Launch

Cargo Volume on Azerbaijan’s Middle Corridor Route Up 6% in 2025

Baku Taxi Riders Complain of “Road Fee” Charges on Free Routes

Card-to-Card Transfers in Azerbaijan: What Amounts Could Attract Tax Scrutiny

Azerbaijan’s Real Estate Sector Booms — but Realtors Still Operate Outside the Law

Compared to the same period last year, export volumes surged 2.2 times, while the value of shipments increased by 85.4%.

Fish Boom in Azerbaijan: Foot-and-Mouth Disease Panic Shifts Consumer Habits