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Do the requirements related to markets also apply to malls?
Do the requirements related to markets also apply to malls?
As is known, starting from 2025, the Tax Code has defined obligations for market owners and taxpayers operating in markets. Does the concept of “market” specified in the Tax Code also cover large shopping centers — malls?
The State Tax Service under the Ministry of Economy has stated that Articles 16.1.11-15 to 16.1.11-17 of the Tax Code, which entered into force on October 1, 2025, define the obligations of market owners (or managers, if markets are transferred for management) and taxpayers engaged in entrepreneurial activities in such markets, with the exception of agricultural product markets and agricultural cooperative markets.
The concept of “market” provided for in the Tax Code is determined based on the “Rules on Trade, Public Catering, Household and Other Types of Services” approved by Resolution No. 94 of the Cabinet of Ministers of the Republic of Azerbaijan dated April 3, 2014. According to the provisions of Section 2 of these Rules, a market is a property complex that operates permanently in a specific area and has trading spaces allocated for the sale of goods and the provision of services.
Accordingly, the relevant provisions of the Tax Code concerning markets also apply to large retail chains and shopping centers (including malls).
The above matters are regulated by Article 16 of the Tax Code and the “Rules on Trade, Public Catering, Household and Other Types of Services” approved by Resolution No. 94 of the Cabinet of Ministers of the Republic of Azerbaijan dated April 3, 2014.
As is known, starting from 2025, the Tax Code has defined obligations for market owners and taxpayers operating in markets. Does the concept of “market” specified in the Tax Code also cover large shopping centers — malls?
The State Tax Service under the Ministry of Economy has stated that Articles 16.1.11-15 to 16.1.11-17 of the Tax Code, which entered into force on October 1, 2025, define the obligations of market owners (or managers, if markets are transferred for management) and taxpayers engaged in entrepreneurial activities in such markets, with the exception of agricultural product markets and agricultural cooperative markets.
The concept of “market” provided for in the Tax Code is determined based on the “Rules on Trade, Public Catering, Household and Other Types of Services” approved by Resolution No. 94 of the Cabinet of Ministers of the Republic of Azerbaijan dated April 3, 2014. According to the provisions of Section 2 of these Rules, a market is a property complex that operates permanently in a specific area and has trading spaces allocated for the sale of goods and the provision of services.
Accordingly, the relevant provisions of the Tax Code concerning markets also apply to large retail chains and shopping centers (including malls).
The above matters are regulated by Article 16 of the Tax Code and the “Rules on Trade, Public Catering, Household and Other Types of Services” approved by Resolution No. 94 of the Cabinet of Ministers of the Republic of Azerbaijan dated April 3, 2014.