“AZERBAIJAN INVESTMENT HOLDING” WAS SET UP
In accordance with the Decree of the President of the Republic of Azerbaijan "On ensuring the activities of the Azerbaijan Investment Holding" dated November 5, 2020, a number of state-owned companies and enterprises, as well as business entities with a share of state capital, were transferred to the management of the Azerbaijan Investment Holding.
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A NUMBER OF INNOVATIONS ARE EXPECTED IN THE FIELD OF EMPLOYMENT LAW AND THE SOCIAL PROTECTION
Currently 53 services offered by the Ministry of Labor and Social Protection of Population of the Republic of Azerbaijan are provided electronically and 26 proactively via the e-social portal. In the near future, 57 more e-services are expected to be launched, and 7 of them will be activated by the end of this year.
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SOME SRECIFICATIONS FOR RESOLVING FAMILY DISPUTES UNDER MEDIATION PROCEEDINGS HAVE BEEN DEFINED
The amendment aims to clarify some features of mediation proceedings on family relations. According to the amendment, the authorized executive body referred to in the article 26 of the Law on Mediation means the guardianship and trusteeship bodies of local executive authorities.
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CRITERIA FOR RISKY TAXPAYERS AND TRANSACTIONS ARE APPROVED
By the decision of the Cabinet of Ministers of the Republic of Azerbaijan the criteria for risky taxpayers and risky transactions were approved.
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STATE MEASURES OF FINANCIAL SUPPORT TO ENTREPRENEURS AFFECTED BY COVID-19
The Government of the Republic of Azerbaijan provides support to businesses affected by COVID-19 in several directions.
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THE LIMIT SET FOR CASHLESS PAYMENTS HAS BEEN CHANGED
The maximum amount that can be paid in cash to each person engaged in seasonal work on the basis of civil contracts related to agricultural production is set at 20 AZN per day.
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AMENDMENTS WERE MADE TO THE INTERNATIONAL PAYMENT OBLIGATIONS
The deadline for the submission of a customs declaration confirming the import of goods when paying for these goods or documents confirming the provision of imported services to an authorized bank was extended from 270 days to 2 years.
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AZERBAIJAN PRESENTS NEW OPPORTUNITIES TO NON-RESIDENTS
Now citizens of the Republic of Azerbaijan permanently residing in a foreign country, foreigners and stateless persons currently living abroad may receive electronic signatures abroad to facilitate their business relations with Azerbaijan.
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IMPLEMENTATION OF REQUIREMENTS OF THE LAW FOR REDUCTION OF NUMBER OF DOCUMENTS REQUESTED BY APPLICANT COMPLETED
Under the new rules, the administrative body must obtain the necessary documents for the administrative procedure itself and not require them from applicants.
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CHARGES FOR INITIAL MEDIATION SESSION ARE APPROVED
On July 15, 2019, the Cabinet of Ministers adopted the Decision “On Approving the Amount of Charges and Other Expenses for the Provision of Mediation Services during the initial session of mediation”.
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