Alat Free Economic Zone
A zone for export-oriented manufacturing next to the Baku International Sea Trade Port. The zone’s law and internal regulations take precedence over general legislation.
- Taxes
- Companies are exempt from VAT, withholding tax and other corporate taxes; employees earning up to AZN 8,000 a month pay no personal income tax.4
- Customs and currency
- No duties on imports into or exports from the zone, and no restrictions on currency or profit repatriation.4
- Disputes
- The zone’s own bodies hear commercial, labour and administrative disputes involving zone companies, and their decisions are enforced in the zone and on the mainland without further recognition. The zone has its own migration and employment rules.4