The Karabakh Main Territorial Tax Department of the State Tax Service (STS) under the Ministry of Economy of Azerbaijan held a meeting in the city of Fuzuli with taxpayers engaged in business activities in Agdam, Fizuli and Khojavend.
As Day.Az was informed in the State Tax Service, at the meeting, which was attended by about 70 micro and small businesses working in various fields, information was presented on the services provided to taxpayers, on tax benefits applied in the territories liberated from occupation , including the provision of government guarantees for loans and subsidizing interest on loans.
Member of the Board of the Entrepreneurship Development Fund (EDF) speaking at the event Emin Shirinov spoke about the activities of the structure he represents.
It was noted that preferential loans in the amount of up to 24 million manats have been provided to finance projects implemented in the liberated territories of Azerbaijan.
Head of the Karabakh Main Territorial Tax Department Alakber Mamedov spoke in detail about the steps taken by the state towards the development of entrepreneurship in the liberated territories.
It was noted that support mechanisms aimed at developing entrepreneurship are extremely important in terms of attracting labor and growing infrastructure.
At the meeting it was said that monitoring had been carried out and the main goal was to assess the registration of business entities with the tax authority, since it is registered business entities that will be able to take advantage of tax benefits by obtaining resident status in these territories.
At the end, views were exchanged on the topics raised, and questions from the event participants were answered.