15:59 - 10.04.2020

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April 10, Fineko/abc.az. The procedure for drawing up an online application for financial support intended for individual (micro) entrepreneurs working in coronavirus-affected spheres has been published.

ABC.AZ reports that the State Tax Service under the Ministry of Economy stated that the State will provide financial support in the amount of AZN 80 million to 300,000 individual entrepreneurs affected by the pandemic.

The financial assistance will cover taxpayers who paid taxes, contributions to mandatory state social insurance and unemployment insurance premiums in 2019. Funds allocated from the State Budget will be transferred to the bank accounts of those individual entrepreneurs. For this purpose, notifications about the "Financial support program in connection with the pandemic" will be sent to the personal electronic accounts of all the registered taxpayers (www.e-taxes.gov.az) and SMS-messages to their mobile phones.

To receive financial support, taxpayers must fill out the appropriate application form in the personal account of the tax office in section "Financial support program in connection with the pandemic" in subsection "Appeal to individual entrepreneurs on payments".