...

Azerbaijan's Nakhchivan sees growth in number of active taxpayers

Economy Materials 12 March 2025 04:34 (UTC +04:00)
Azerbaijan's Nakhchivan sees growth in number of active taxpayers
Evez Hasanov
Evez Hasanov
Read more

BAKU, Azerbaijan, March 12. The number of active taxpayers in Azerbaijan's Nakhchivan Autonomous Republic reached 20,175 by March 1, 2025.

The data obtained by Trend from the country's State Tax Service shows that this metric demonstrates a year-over-year escalation of 15.4 percent.

In the interim, the cohort of active VAT contributors experienced an uptick of 12.9 percent, culminating in a total of 561, while the aggregate of operational entities, or business units, escalated by four percent, reaching a figure of 5,944.

It is pertinent to highlight that as of January 1, 2025, the aggregate number of active tax contributors in Nakhchivan stands at 21,778, with a specific subset of 548 entities classified as active VAT payers, and a total of 6,025 operational business units recorded.

Tags:
Latest

Latest