Tax rules change for foreign online service providers

The Cabinet of Ministers has amended the rules for registering unregistered foreign online companies for tax purposes in Azerbaijan.

Prime Minister Ali Asadov has signed a decree to this effect, Operativ Media reports.

Under the decision, if the annual turnover of a foreign company providing online services to non-taxpayers in Azerbaijan exceeds $10,000, the company must register for electronic tax within 30 days.

Registration is voluntary for companies with a turnover below this threshold.