More than 10,000 commercial organizations passed state registration for Jan-Nov

For the past 11 months of this year 10,769 commercial organizations passed state registration in Azerbaijan.

banks.az informs with reference to the State Tax Service that the above-said  indicator is by 28.5% more against Jan-Nov 2020.

90.7% of commercial organizations registered for the reporting period were enterprises with local investments, 9.3% were enterprises with foreign investments.

82.8% of commercial structures were registered electronically, and 17.2% - on the basis of applications submitted via paper, of which 2,529 (23.5% of the total) were registered for VAT purposes.