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Tax Free website created in Azerbaijan

6 October 2016 15:29 (UTC+04:00)
Tax Free website created in Azerbaijan

By Rashid Shirinov

The Taxes Ministry of Azerbaijan has reported about creation of a website www.taxfree.

The website can also be reached from the Taxes Ministry’s www.taxes.gov.az and www.e-taxes.gov.az, as well as through official web pages in social networks.

The website operates in three languages – Azerbaijani, English and Russian.

Another feature, Tax Free calculator, has been introduced for the convenience of users.

In addition to www.taxfree.az, users can find the necessary information about the Tax Free system on the official pages created in Facebook and Twitter social networks.

Foreign citizens can benefit from Tax Free system if the cost of purchased goods per one e-tax invoice is not less than 300 Azerbaijani manats ($186), including VAT. The goods should be taken out of Azerbaijan’s territory within 90 days from the date of purchase, according to the rules earlier approved by the Azerbaijani Parliament.

Standard VAT rate in Azerbaijan is 18 percent. Regardless of the transfer method, foreign citizens will be refunded the amount of VAT paid for the purchased goods after withholding 20 percent service fee.

This system will make shopping in the Azerbaijan more affordable and attractive for foreigners.

To benefit the tax-free service it is necessary to buy tax-free goods at specific Tax Free shops. Then, passport is to be produced for filling an electronic tax invoice. The signed and stamped tax invoice will include the amount of the paid VAT and its last return date.

When leaving the country, a visitor should present to airport customs his electronic tax invoice together with passport. Finally, the custom’s tax invoice should be presented to an authorized bank. The refund can be made both in cash and non-cash (after 10 days) way.

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Rashid Shirinov is AzerNews’ staff journalist, follow him on Twitter: @RashidShirinov

Follow us on Twitter @AzerNewsAz

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