According to the latest amendments to the Tax Code, the turnover limit for VAT registration has been increased from 200,000 AZN to 400,000 AZN.
🔎 According to the new rules:
If the volume of taxable transactions over the past 12 months exceeds 400,000 AZN, the entrepreneur must register as a VAT payer
A coefficient of 0.5 is applied when calculating cashless retail sales and service turnovers carried out through POS terminals
These changes reduce the risk of mandatory VAT registration for many entrepreneurs, and at the same time allow for more correct and strategic planning of the tax burden.
🤝 Abacus Audit is your reliable partner for the right decisions on VAT registration, risk assessment and tax planning.
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