Although tax benefits for poultry and cattle breeding are provided in Azerbaijan, these benefits do not apply to fish farming. As a result, fish farming is reduced. This was stated by Makhsur Mamedov’s deputy at a meeting of the Parliamentary Committee on Politics, Industry and Entrepreneurship. At the same time, he proposed to establish tax breaks and for small businesses.
For equipment imported into Azerbaijan, customs duties and VAT are paid. Each unit of equipment means four new jobs. According to the deputy, so we must apply concessions to increase production areas and jobs in Azerbaijan: “Do we should not encourage and sell equipment in our country and create new jobs? In this case, more income is received in the budget than VAT or customs. duties. The cost of one ton of equipment is several times more expensive than metal. “