Tax and legal in Construction

Problem: Which form of entity to choose when entering Azerbaijan construction market?

Response: Azerbaijan legal entity vs. foreign company (with a branch or no presence in Azerbaijan), based on the specifics of your business

Solution: Deloitte Azerbaijan can carry out an entity choice analysis and provide you with an expert advice in respect of options most suitable for your business in Azerbaijan

Problem: How to finance Azerbaijan construction business? What would the tax impact be?

Response: Various options are available. Each of them has its own tax implications that under certain circumstances can adversely affect your business

Solution: Deloitte Azerbaijan offers services in designing tax efficient financing structures tailored to real estate projects in Azerbaijan. In doing so, we always provide a comprehensive advice on how to minimize potential tax implications and risks

Problem: Which taxes are applicable to business operations involving Azerbaijan real estate?

Response: Depending on various factors, your business activities may be subject to Azerbaijan profit tax, VAT, property tax and land tax

Solution: Deloitte Azerbaijan will identify tax saving opportunities for your business (e.g. tax effective structuring of business operations, application of government tax incentives) and explain whether and how you can take advantage of them.

Problem: How difficult is it to transfer employees from foreign countries to  and structure payments of their salary? Which problems are expected?

Response: Azerbaijani legislation in this area is quite complex. You are most likely to deal with at least labor and civil law issues, immigration regulations, tax aspects of employing foreign individuals

Solution: Deloitte Azerbaijan has an extensive expertise in dealing with foreign employees. We can provide you with a comprehensive legal and tax advice which would cover, among others, issues such as visas and work permits, structuring of cost recharges and salary payments

• Tax compliance for state tax returns
• Assistance in preparation of financial statements
• Structuring of corporate mergers and acquisitions
• Application of special vehicles provided by Azerbaijan legislation 
• Support during tax audits and litigations with the tax authorities

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