Can the tool become a local offshore for the oligarchs?
These days Milli Alat in Parliament Free The bill to increase benefits in the Economic Zone was adopted in the first reading.
Alat Free About the Economic Zone the law 2018Adopted in. 2020-in president He also signed a decree on the establishment and organization of its activities.
Alat Free The foundation of the Economic Zone was laid in 2021. However, the zone will start operating in July this year.
Milli Chairman of the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship Tahir MirkishiliTuran” the law project free zone tax applies new mechanisms in the regulation of: “Already the main economy tax Payers will be exempt from VAT (Value Added Tax) for goods sold in the free zone, and for services rendered at the source of payment.
According to him, in order to increase the efficiency of customs work in the free zone the law There are a number of changes in the draft: tax will not be applied. “
According to him, in order to increase the efficiency of customs in the free zone, there are several changes in the bill: “Thus, no fees and taxes will be applied for goods imported and exported by free zone legal entities, except for customs clearance.”
Another deputy Rufat Guliyev also “TuranThe infrastructure built in the Alat Free Economic Zone is ready for operation: “As for the criminal law, the laws applicable throughout Azerbaijan will also apply to the Alat Zone.”
Deputy noted that Azerbaijan around 20There are 0 free economic zones: “Alat Free Economic Zone has no direct access to the ocean. Therefore, it is necessary to create conditions for foreign companies to do the same 20Let them come to Alat, not to zone 0. ”
Businessman Nazim Baydamirli reminded RFE / RL that legislation on special economic zones was adopted in Azerbaijan in 2007. According to him, free economic zones have already lost their relevance: “Even in some issues in these zones national There are precedents for the legislation not working. Therefore, such zones are mainly occupied by large multinational companies and countries snowIt demands that labor legislation not work and that no trade unions be established. ”
According to him, companies producing tobacco products and alcoholic beverages sometimes come to such zones to avoid excise taxes: “In view of all this, the Alat Free Economic Zone can become a local offshore for local oligarchs. I think this zone will be used more for this purpose. They are already evading taxes in the country, and favorable conditions will be created for them here.