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Azerbaijan introduces tax incentives for World Urban Forum 2026 in Baku

02 February 2026 16:01 (UTC +04:00)

Tax incentives are being introduced in connection with the 13th Session of the World Urban Forum to be held in Azerbaijan, APA reports.

This is reflected in the proposed amendment to the Tax Code that was brought up for discussion at today’s session of the Milli Majlis.

The 13th Session of the World Urban Forum (WUF13) is scheduled to be held in Baku in 2026. For this purpose, on December 22, 2023, the “Host Country Agreement between the Government of the Republic of Azerbaijan and the UN on Holding the 13th Session of the World Urban Forum in Baku in 2026” was signed and approved by law.

Given the need to organize WUF13 at a high level, it is considered appropriate to apply a number of tax exemptions to non-resident persons in connection with the event. These exemptions include:

- income earned by non-resident individuals involved in the supply of goods, performance of works, and provision of services within the framework of WUF13 (personal income tax exemption);

- royalty income paid under a contract to a non-resident legal entity for the use of, or the granting of rights to use, copyrights on intangible assets (corporate profit tax exemption);

- income earned by non-resident legal entities from performing works and providing services (corporate profit tax exemption);

- performance of works and provision of services by non-residents under a contract, as well as the import of goods based on relevant supporting documentation (VAT exemption).

All tax incentives and exemptions will be applied based on the relevant supporting document and for a period of one year (for one year starting from September 1, 2025).

Following the discussions, the draft law was put to a vote and adopted in the first reading.