Central & South Asia
Azerbaijan: tax at a glance
Residents are taxed on worldwide income. Personal rates are sector-dependent, topping out at 25%, alongside 20% corporate tax and 18% VAT.
Worldwide (residence-based)
Last verified
Ways to relocate to Azerbaijan
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 25%Progressive, and it depends on the sector. The top statutory rate is 25% for oil, gas and the public sector. The non-oil private-sector exemption ended 1 Jan 2026, which brings back rates of up to 14%.
- Corporate income
- 20%
- Capital gains
- Taxed as income for individuals, or at 20% CIT for companies.
- VAT
- 18%
- Dividends (WHT)
- 5%
- Interest (WHT)
- 10%
- Royalties (WHT)
- 14%
- Social security (employee)
- 3%
- Social security (employer)
- 22%
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- Property tax on buildings, based on area, runs up to roughly 1%.
- Other
- Social insurance is 3%/10% for employees and 22%/15% for employers above AZN 200 in the non-oil sector. Payments to favourable-tax jurisdictions carry a 10% withholding tax.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Participating
A special regime for new arrivals
Nothing material for UHNW. The 7-year non-oil exemption expired on 31 December 2025.
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.