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Legislative Update Newsletter - December, 2018

Legislative Update Newsletter - December, 2018

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

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In this issue:

  1. Monitoring Service under the State Language Commission of the Republic of Azerbaijan to be established
  2. National Strategy on the improvement of management of domestic solid waste in the Republic of Azerbaijan for the years of 2018-2022 was approved
  3. Innovation Agency to be established under the Ministry of Transport, Communication and High Technologies of the Republic of Azerbaijan
  4. The State Program “On increasing the international competitiveness of higher education system in the Republic of Azerbaijan for the years of 2019-2023” was approved
  5. Law of the Republic of Azerbaijan “On suspension of inspections of entrepreneurial activities” was amended
  6. Consitutional law of the Republic of Azerbaijan “On normative legal acts” was amended
  7. Level of the need criterion in the Republic of Azerbaijan for 2019 was approved
  8. Living minimum wage in the Republic of Azerbaijan for 2019 was approved
  9. Criminal Code of the Republic of Azerbaijan was amended
  10. The Law of the Republic of Azerbaijan “On labor pensions” was amended
  11. “Criteria for micro, small, medium and large enteprises” were approved
  12. The charter, structure, list of services of the Agency for Sustainable and Operational Social Security and procedure for providing these services were approved

© 2019 KPMG Azerbaijan Limited, a company incorporated under the Laws of the Guernsey, acting through its Representative Office in the Republic of Azerbaijan, a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Azerbaijan.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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