Exemption from the state duties

On 14 October 2016 the President of Azerbaijan signed the Law on amendment to the Law “On state duty” (hereinafter “Amendment”). Amendment was adopted based on the Law “On Implementation of Investment Projects on Construction and Infrastructure Objects on the basis of Special Financing”.
Amendment covers resident and non-resident legal entities, their branches and permanent representations.

According to the Amendment investors implementing investment projects based on “Build – Operate – Transfer” model are exempt from paying the state duties.