Businesses failing to insure staff to face fines in Azerbaijan
BAKU – Businesses and organizations operating in Azerbaijan will face a fine worth 1,500 manats ($1,875) from January if they fail to insure their employees against production accidents or illness acquired at work, a labor ministry official has said.
According to Maharram Maharov, deputy head of the State Labor Inspectorate, the fines will apply to legal entities, persons engaged in entrepreneurship without setting up businesses and all businesses established by foreign nationals.
The labor inspectorate and the Finance Ministry’s relevant body will oversee enforcement of the measure.
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