Azerbaijan to conduct personalized accounting in e-form

15:06 - 27.05.2022


May 27, Fineko/abc.az. Personalized accounting in Azerbaijan will be carried by the insurer in e-form.

ABC.AZ reports that this was stated during Parliament’s discussion of the draft amendments to the Law on personalized accounting in the state social insurance system.

As amended, Paragraph 1 of Article 4 of the Law is given in a new version.

According to the new edition, personalized accounting will be conducted by the insurer in e-form. The current Paragraph 4.1 of the Law states:

"Personalized accounting in the state social insurance system is conducted by the relevant executive authority that administers the field of compulsory state social insurance."

The draft amendments were put to the vote and adopted in the 1st reading.

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