Legislative Update Newsletter - March, 2019

Legislative Update Newsletter - March, 2019

Overview of recent changes in the Azerbaijani legislation that could materially impact your business.

1000
Legislative Update Newsletter - March, 2019

In this Issue

1. Presidential Decree on additional measures on resolution of the issue relating to non-performing loans in the Republic of Azerbaijan was adopted;

2. Minimum monthly wage was increased;

3. Law of the Republic of Azerbaijan “On insurance activity” was amended;

4. Civil Procedural Code of the Republic of Azerbaijan was amended;

5. Civil Code of the Republic of Azerbaijan was amended;

6. Law of the Republic of Azerbaijan “On state procurement” was amended;

7. Law “On state registration and state register of legal entities” of the Republic of Azerbaijan was amended;

8. Law “On medical insurance” of the Republic of Azerbaijan was amended;

9. Law of the Republic of Azerbaijan “On suspension of inspections of entrepreneurial activities” was amended.

© 2024 KPMG Azerbaijan refers to KPMG Audit Azerbaijan LLC, a company incorporated under the Laws of the Republic of Azerbaijan, and KPMG Azerbaijan Limited, a company incorporated under the Laws of the Guernsey, acting through its Representative Office in the Republic of Azerbaijan, member firms of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.


For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.

Connect with us