{"id":863483,"date":"2024-10-05T09:32:35","date_gmt":"2024-10-05T04:02:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=863483"},"modified":"2024-10-05T09:35:11","modified_gmt":"2024-10-05T04:05:11","slug":"azerbaijan-woos-indian-tech-companies-with-10-year-tax-incentives","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/05\/azerbaijan-woos-indian-tech-companies-with-10-year-tax-incentives\/","title":{"rendered":"Azerbaijan woos Indian tech companies with 10-year tax incentives"},"content":{"rendered":"<p>Azerbaijan has unveiled an unprecedented tax incentive package designed to attract Indian tech companies. <\/p>\n<p>In partnership with the Innovation and Digital Development Agency (IDDA), the government has introduced a 10-year \u201ctax haven\u201d status for residents at its Technopark. <\/p>\n<p>Technopark residents will enjoy a 0 per cent personal income tax on monthly salaries up to $4,700, with a nominal 5 per cent tax levied above this threshold. Additionally, corporate tax, property tax, land tax and tax on dividends will be exempted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Azerbaijan has unveiled an unprecedented tax incentive package designed to attract Indian tech companies. In partnership with the Innovation and Digital Development Agency (IDDA), the government has introduced a 10-year \u201ctax haven\u201d status for residents at its Technopark. Technopark residents will enjoy a 0 per cent personal income tax on monthly salaries up to $4,700, with a nominal 5 per cent tax levied above this threshold. Additionally, corporate tax, property tax, land tax and tax on dividends will be exempted.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-863483","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/863483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=863483"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/863483\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=863483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=863483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=863483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}