Number of taxpayers in Azerbaijan exceeds 1.3 million


October 19, Fineko/abc.az. As of 1 October 2021 Azerbaijan numbered 1,301,903 taxpayers.

ABC.AZ was informed at the State Tax Service that 1,143,366 taxpayers or 87.8% of the are individuals, while 158,537 ones or 12.2% are legal entities and other organizations.

Compared with the relevant period of 2020, the total number of taxpayers increased by 9.5%.

91% of this growth is due to individuals and 9% due to legal entities. The increase in the number of taxpayers registered as legal entities was mainly due to commercial organizations (98.8%).

Of the registered commercial legal entities, 88.5% were in the form of limited liability companies (LLC), 1.5% - joint stock companies, 1.3% - cooperatives, etc. in organizational and legal forms.