The Cabinet of Ministers of Azerbaijan approved Resolution No. 383, which exempts the import of certain fixed assets under leasing contracts from value-added tax (VAT) on 3 September 2024.

The resolution provides a list of 136 categories of fixed assets that qualify for this exemption. The list includes a wide range of equipment and machinery across various sectors:

  • Boilers
  • Food processing and production equipment
  • Construction machinery and vehicles
  • Forestry and agricultural machinery and equipment
  • Paper and cardboard manufacturing equipment
  • CNC and non-CNC manufacturing equipment and machinery
  • Industrial robots