Full circulation of the national currency of the Republic of Azerbaijan will be ensured in Qarabağ, the Administration of the President of Azerbaijan said in s statement, APA reports.
“Over a certain period of time, the provision of physical and social infrastructure (education, healthcare, energy, gas, water, roads, communications, irrigation, etc.) in areas populated by residents is brought in line with the average level across the country.
The incentive package related to the special economic regime and introduced for the purpose of accelerating economic development in Karabakh and East Zangezur economic regions, including tax and customs concessions, applies to areas populated by residents.
Full circulation of the national currency of the Republic of Azerbaijan is ensured.
Support measures are implemented to encourage entrepreneurial activity in areas populated by residents. Low-interest loans, interest subsidization, loan guarantees, and other financial instruments utilized to enhance business access to finance in the country also apply to areas populated by residents.
Farmers are provided with subsidies and exemptions from all taxes except for the land tax.
Property issues are regulated in accordance with the laws of the Republic of Azerbaijan,” says the statement.
Armenian-origin farmers living in Qarabağ to be exempted from a number of taxes
Armenian-origin farmers are provided with subsidies and exemptions from all taxes except for the land tax in Qarabağ, APA reports.
Property issues are regulated in accordance with the laws of the Republic of Azerbaijan.
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