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GOOD NEWS FOR ENTREPRENEURS!!! Is the VAT threshold being increased to 400,000 manats?!
GOOD NEWS FOR ENTREPRENEURS!!! Is the VAT threshold being increased to 400,000 manats?!
In Azerbaijan, the VAT threshold for entrepreneurs may be doubled.
It is proposed to increase the turnover threshold that creates a VAT registration obligation for simplified tax payers in relation to cashless payments by 2 times — from 200,000 to 400,000 manats.
This measure is reflected in the draft of the 2026 state budget package.
According to the document, the new regulation is planned as one of the main directions of income policy for 2026–2029, aiming to support entrepreneurship and reduce the tax burden.
In Azerbaijan, the VAT threshold for entrepreneurs may be doubled.
It is proposed to increase the turnover threshold that creates a VAT registration obligation for simplified tax payers in relation to cashless payments by 2 times — from 200,000 to 400,000 manats.
This measure is reflected in the draft of the 2026 state budget package.
According to the document, the new regulation is planned as one of the main directions of income policy for 2026–2029, aiming to support entrepreneurship and reduce the tax burden.