What are the most common taxes in Azerbaijan?

The primary taxes consist of personal income tax (ranging from 0% to 25%), corporate tax (set at 20%), and property tax (which varies depending on the property type). For residential buildings, the tax is between 0.1 and 0.4 AZN per square meter, based on the location. Legal entities are taxed 1% on the average annual value of their fixed assets. These taxes are imposed by the government to raise funds for public expenditures related to infrastructure, education, healthcare, and other vital services.