Residents of industrial parks created in territories liberated from occupation are exempt from property tax, land tax, income tax or profit tax, VAT and customs duties when importing machinery, technological equipment and production facilities for a period of 10 years. In addition, additional benefits are also applied to entrepreneurs who will work in the territories liberated from occupation. 

So, additional benefits include:

• Subsidizing social insurance contributions;
• Providing annually 5 days of additional leave to specialists living and working in the liberated territories, calculation of bonuses to the monthly official salary, a one-time allowance in the amount of 600 manats;
• Simplification of obtaining work permits;
• The non-application of the labor migration quota is also taken into account (5-year non-application of the labor migration quota for foreign specialists).

Also exemption from VAT for a period of 10 years for the import of a number of raw materials for use in the production process by entrepreneurs who will carry out his activities in the territory liberated from occupation. 

By visiting this link you can get acquainted with the general requirements for a business plan.

In accordance with the legislation, land plots in industrial parks are state-owned and leased to residents on a long-term basis.

Land rent (annual):

The annual rent in the Sumgayit Industrial Park is 1600 manat per first hectare and 3200 manat per second hectare and above. (For example: annual rent for 3 hectares will be 8000 manat, for 0.5 hectare - 800 manat.)

The annual rent in the Pirallahi Industrial Park is 2000 manat for the first hectare and 4000 manat for the second hectare and above. (For example: annual rent for 3 hectares will be 10000 manat, for 0.5 hectare 1000 manat.)

The annual rent in the Mingachevir Industrial Park is 800 manat for the first hectare and 1600 manat for the second hectare and above. (For example: annual rent for 3 hectares will be 4000 manat, for 0.5 hectare - 400 manat.)

The annual rent in the Garadagh Industrial Park is 2000 manat for the first hectare and 4000 manat for the second hectare and above. (For example: annual rent for 3 hectares will be 10000 manat, for 0.5 hectare 1000 manat.)

The annual rent in the Aghdam Industrial Park is 800 manat for the first hectare and 1600 manat for the second hectare and above. (For example: annual rent for 3 hectares will be 4000 manat, for 0.5 hectare - 400 manat.)

The annual rent in the Araz Valley Economic Zone Industrial Park is 400 manat for the first hectare and 800 manat for the second hectare and above. (For example: annual rent for 3 hectares will be 2000 manat, for 0.5 hectare - 200 manat.)

The annual rent in the Hajigabul Industrial Park is 400 manat for the first hectare and 800 manat for the second hectare and above. (For example: annual rent for 3 hectares will be 2000 manat, for 0.5 hectare - 200 manat.)

Service fee (monthly):

The monthly maintenance fee per hectare is 2426 manat, VAT included.

There are no restrictions on the minimum investment in industrial parks.

There are the same tariffs for electricity apply as throughout the country in industrial parks. You can read more in the link.