We actively serve numerous clients operating outside the oil and gas industry.
Tax & Legal Services:
An Integrated Approach
Ernst & Young is recognized as the leading tax & legal advisor in Azerbaijan.
With our department combining an expatriate tax partner with a local tax manager and tax consultants, Ernst & Young advises on all
aspects of corporate and personal tax planning and compliance.
Our impressive client base speaks for itself. We actively work together with our clients, assisting them on a daily basis in the interpretation of local legislation, as well as with reporting and filing requirements. We assist our clients in liaising with the tax authorities to obtain clarifications and rulings on their behalf. This continues to be a key service in a legislative environment that is ever changing and open to interpretation.
Oil & Gas Guide to Azerbaijan
Vast oil reserves determined the attraction of foreign investment to the Azerbaijani economy. Over 90 percent of all foreign investments are in the energy sector. Several major oil contracts have been signed since 1994.
(pdf, 291Kb, 24 pages)
Presentation on the Overview of Azerbaijan and Ernst & Young in Azerbaijan
On September 2-4, 2004 in Moscow, In house Legal Away Day took place. Magsud Taghibayov, the tax manager of Ernst & Young Baku represented Azerbaijan and gave a
Presentation on the Overview of Azerbaijan and Ernst & Young in Azerbaijan (pdf, 668Kb, 12 pages)
Some Tax Treaty Issues Clarified, But Others Remain To Be Addressed
Historically, the implementation of double tax treaties was an anomaly in Azerbaijan. In practice they were little understood by the authorities.
Read more about double tax treaties in Azerbaiajn
Business Brief Archive