BAKU, Azerbaijan, July 7. Freelancers and
digital travelers in Azerbaijan will be registered with the tax
authority, Trend's
correspondent reports from the event.
This is reflected in the draft law on amendments to the Tax
Code, which was discussed at today's session of the parliament.
According to the draft law, freelancers and digital travelers
will be able to operate (earn income from foreign sources) within
the country, as well as use tax benefits and exemptions on the
grounds provided for by the Tax Code, after registering with the
tax authority, registering as a resident of an industrial or
technology park, and receiving a registration certificate.
A freelancer is a natural person who, without involving a hired
employee, independently and for a fee provides services or performs
work in the fields of digital technologies, including artificial
intelligence technologies, cybersecurity, and innovation, based on
a civil law contract, and is a resident of an industrial or
technology park. A digital traveler is a foreigner or stateless
person who receives income from foreign sources by conducting
activities in the fields of digital technologies, artificial
intelligence technologies, cybersecurity, and innovation remotely
through information and communication technologies.
The draft law was put to a vote after discussions and passed in
the first reading.
Meanwhile, tax registration for freelancers depends on
jurisdiction, but it generally involves choosing a business
structure (like a sole proprietor or individual), registering with
the local tax authority to obtain a Tax Identification Number
(TIN), tracking your income and expenses, and filing periodic
returns.
