“Reform Review” Dedicated to Tax and Social Insurance Relief Measures
A special issue of the Reform Review prepared by the Center for Analysis of Economic Reforms and Communication (CAERC) is dedicated to mitigating the negative impact of the Coronavirus (COVID-19) pandemic on business entities. It should be noted that a draft law proposing amendments to the Tax Code of the Republic of Azerbaijan and to the Law on Social Insurance has been submitted to the National Assembly of Azerbaijan.
According to CAERC financial analyst Ayaz Museyibov, the provisions set out in the relevant draft laws—aimed at reducing both tax and social insurance burdens within the framework of anti-pandemic measures—represent an iterative continuation of substantial support initiatives and are intended to prevent recessionary trends caused by the pandemic. The review outlines the key legislative changes proposed with respect to the scope, applicability, and duration of the temporary preferential tax regime. It also presents information on the general provisions envisaged for reducing the social insurance burden, the new insurance tariffs proposed for implementation, their validity periods across both phases, and the main relief measures. The relief measures envisaged for reducing both tax and social insurance burdens are expected to positively affect the ability of business entities to meet their tax and social obligations and to support their financial stability.
In the Reform Review, the reduction of the financial burden, the granting of tax holidays, the primary areas of impact of the applied reliefs, as well as other amendments and additions to the legislation, are presented in a comparative format.
The Reform Review is available in the “Reviews” section.









Op-eds
Aykhan Gadashov
Head of the Azexport portal
“Geoeconomic Stability Corridor”: The $1 Billion Trade Target with Uzbekistan Opens New Horizons for Business
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Crowdfunding: New Perspectives in Startup Financing in Azerbaijan
Elnur Alakbarov
Deputy head of the Economic analysis division
New Action Plan on Employment: Digitalization and Result-Oriented Management
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Agricultural support mechanisms will create new opportunities for farmers and exporters
Ilyas Huseynov
Head of the Turkic World Research Center
Large-Scale Modernization of the Baku-Tbilisi-Kars Railway: A New Strategic Phase in the Middle Corridor and Eurasian Connectivity
Rashad Najafli
Deputy head of the Economic analysis division
Azerbaijan: A Guarantor of Peace and Security in the South Caucasus
Isa Gasimov
Head of the “Enterprise Azerbaijan” portal
Transition to an Innovation Ecosystem: Azerbaijan’s Strategic Choice