On 04 October 2022, the next meeting of the Tax, Customs and Legal Affairs Working Group took place with the participation of around 30 company representatives.

Opening the meeting, Mr Farid Isayev, Chairman of the AHK Azerbaijan Board of Directors, welcomed the participants and expressed his thanks to the representatives of the State Tax Service for their close cooperation in organising the meeting. He then introduced the honorary guest speaker of the event, Mr Nijat Imanov, Chief of the Main Department of Tax Policy of the State Tax Service. Mr Isayev stated that further changes to the current tax legislation were planned, and the State Tax Service regularly provided information and facilitated discussions with business communities in this area.

Mr Nijat Imanov noted that such meetings with the Chamber had already become a tradition and pointed out that the purpose of this particular one was to present the main directions of the proposed amendments to be implemented next year. The main objective behind the expected changes is that the updates required against the background of the changing economy should be reflected in the legislation.

In his speech, Mr Nijat Imanov informed the participants about the main directions of the proposed amendments, such as promoting the investment environment, regulating the activities of financial institutions, improving several administrative measures, including opening bank accounts for taxpayers, further expanding the range of social benefits as well as protecting the country's position in international rankings.

This was followed by a question and answers session and discussions with the participation of the member companies of AHK Azerbaijan.