Recent news
Latest items of recent news relevant to Azerbaijan as reported in our fortnightly newswire ‘Dernières nouvelles’.
Azerbaijan: Real earnings – apparent surge (January-May 2024)
In January-May 2024, the average monthly nominal salary of wage earners in Baku – the Capital of Azerbaijan – officially increased by 8 …
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Azerbaijan: Job creation initiative
At a recent meeting of the Milli Majlis (national parliament), a measure was passed at its third reading that will establish fully-funded new positions in the private sector …
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Azerbaijan: Inaction over child labour
The national parliament has recently increased the level of the living wage for next year to 270 manats …
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Azerbaijan: Tax deduction for husband or guardian of a disabled child
If a family cares for a child under 18 with 81-100% disability, then the taxable monthly income is reduced by 200 Manats (US$117 …
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Azerbaijan: Minimum wage increased (2023)
The national minimum wage has been increased to AZN345(US$203) per month, up 15% from AZN300 (US$176) …
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Azerbaijan: DTA concluded with Japan
A new double taxation agreement (DTA) has been concluded with Japan …
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Azerbaijan: Minimum wage rate 2022
The national minimum wage has been increased to AZN 300 (US$177) per month, up 20% from AZN 250 (US$147) …
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Azerbaijan: Turkish, Azerbaijani citizens to be able to travel to both countries with ID card
Citizens of Turkey and Azerbaijan travelling directly between the two countries will now be able to enter each other’s country by presenting only their new generation identity cards …
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Azerbaijan: Quota reports for future foreign workforce due May 1
Employers seeking to hire foreign nationals next year are reminded that 1st May this year is the deadline to submit an estimate of foreign worker requirements to the State Migration Service (SMS) …
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Azerbaijan: Parliament approves new document on visas between Azerbaijan and Turkey
The Parliament of Azerbaijan has just approved a document on mutual visa exemption between Azerbaijan and Turkey …
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Azerbaijan: Parliament approves amount of living wage for 2021 in third reading
The Azerbaijani parliament has determined, at third reading, the monthly living wage for 2021 …
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Azerbaijan: Recessionary impact of the health crisis
The recessionary impact of the health crisis is having a distorting effect on the occupational structures of many less well-developed economies …
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Azerbaijan: Property disqualifies unemployment benefit
It is a peculiarity of welfare laws in Azerbaijan that unemployment benefit lump sum payments may not be claimed by anyone who owns agricultural land, however poor they are (Article 4 …
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Azerbaijan: Agreement on a US$100 million loan with World Bank reached
The World Bank and the government of Azerbaijan have reached an agreement on a US$100 million loan for the financing of a project that aims to improve the employment of vulnerable groups, including persons with disabilities, women, displaced persons, young people and people with lower educational levels …
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Azerbaijan: Agreement on pension insurance signed with Bulgarian government
Governments of Azerbaijan and Bulgaria have signed an agreement on pension insurance, providing for the regulation of pension provisions, social insurance contributions, and the protection of pensions earned by Bulgarian and Azerbaijani citizens …
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