Azerbaijan Economy Ministry Announces Zero-Rated VAT on Ship Repair Services

Jan. 2, 2025, 5:00 AM UTC

The Azerbaijani Ministry of Economy Dec. 29 announced the approval of zero-rated VAT on the supply of services by shipbuilding and ship repair enterprises to nonresidents, for repairing ships, other marine and water transport vehicles, and hydraulic structures. [Azerbaijan, Ministry of Economy, 12/29/24]

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