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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CABINET OF MINISTERS APPROVED “THE CONTENTS OF THE DEBTOR’S RECOVERY PLAN”
The new changes are reflected in “The Contents of the Debtor’s Recovery Plan” approved, based on the amendments in the law of Azerbaijan Republic “On Insolvency and Bankruptcy”, by the Cabinet of Ministers.
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RULES OF BORROWING OF STATE-OWNED LEGAL ENTITIES HAVE BEEN APPROVED
President Ilham Aliyev signed a decree on approval of "Internal and external borrowing rules of state-owned entities". These rules regulate the relationship between the internal and external borrowing and the maximum borrowing rate of the legal entities owned by the state.
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