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How the HR Department Can Increase a Company’s Success: Effective Work Principles of the HR Department Nowadays, Human Resources (HR) is not just about hiring employees and calculating salaries. In the modern business world, the HR function has transformed into a strategic management tool. Along with this change, the scope of human resources activities has

New Reporting Requirement Starting immediately, individual entrepreneurs (natural persons conducting business without forming a legal entity) and legal entities undergoing bankruptcy proceedings in Azerbaijan must notify the tax authorities within 15 days of either the initiation or the conclusion of the relevant process. Current Situation Individual Entrepreneurs: Previously, there was no obligation to inform the

1. Definition and Maximum Duration of a Business Trip According to the Ministry of Finance’s “Rules on Employee Business Trips” (Order No. Q-01 dated January 18, 2012), a business trip (“ezamiyyə”) occurs when an employee is sent away from their regular workplace to perform a specific assignment. The trip’s duration is determined by an order

According to amendments to the Tax Code effective January 1, 2024, meal expenses for employees may be deducted from taxable income in accordance with the norms and procedures established by the Cabinet of Ministers. At the same time, VAT paid on these expenses can be reclaimed in accordance with the relevant provisions of the Tax

State registration of a business is a mandatory legal step for any organization or individual entrepreneur intending to conduct commercial activities in Azerbaijan. Foreign individuals and legal entities enjoy the same registration rights as local residents. When establishing a business in Azerbaijan, you may choose one of two primary structures: Legal Entity (Company): Suitable for

What Is a Work Permit? A work permit in Azerbaijan is an official document that authorizes local companies and individual entrepreneurs to employ foreign specialists. An application for a work permit must be submitted before signing the employment contract. Additionally, the foreign employee must hold a valid temporary residence permit based on the corresponding legal