Azerbaijan Creates Best Conditions For Entrepreneurs To Do Business - Minister
Date
6/28/2024 2:17:35 AM
(MENAFN- Trend News Agency)
SHUSHA, Azerbaijan, June 28. Currently, the
best conditions for entrepreneurs in Azerbaijan to do business are
being created, Azerbaijani Economy Minister Mikayil Jabbarov said
at the event "New Opportunities for Entrepreneurs: Let's Revive
Karabakh Together", Trend reports.
According to him, the structures under the Ministry of Economy
of Azerbaijan still provide entrepreneurs with access to
financing.
"At present, the best conditions are being created for
entrepreneurs in Azerbaijan to do business. Residents of industrial
parks in exempted territories will receive significant tax
benefits: for 10 years they are exempted from profit, property, and
land tax, starting from the moment of registration. The state will
create the necessary infrastructure, including providing
electricity, natural gas, potable and technical water, and
high-speed Internet," he emphasized.
To note, the successful location of industrial zones at road and
railroad hubs will greatly simplify cargo transportation.
Meanwhile, an event titled "New Opportunities for Entrepreneurs:
Let's Revive Karabakh Together" organized by the Ministry of
Economy of Azerbaijan, is being held in Shusha.
The event focuses on providing businesspeople with investment
opportunities and commercial prospects in the Karabakh and Eastern
Zangezur economic zones, as well as a discussion of the
public-private partnership model.
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