The President of the Republic of Azerbaijan Ilham Aliyev had
issued a Decree on approval the Law of the Republic of Azerbaijan
on Amendments to the Tax Code that was adopted by Milli Mejlis (
December 30, 2020).
According to this amendment, the following two additional types
of import shall be exempt from the payment of VAT:
164.1.52. Import of equipment and materials within the framework
of reconstruction projects of large oil refineries (annual crude
oil refining capacity not less than 3 million tons) on the basis of
the approval document of the body (institution) determined by the
relevant executive authority - for the period of 2 years, from
January 1, 2021;
164.1.53. Import of new types of coronavirus (COVID-19) vaccines
and syringes intended for those vaccines on the basis of the
approval document of the body (institution) determined by the
relevant executive authority - for the period of 2 years, from
January 1, 2021.
