Azerbaijan industrial investment: promotion certificates require project-specific eligibility work

Verified facts

• Azerbaijan’s Ministry of Economy reported 633 investment-promotion certificates issued to 528 entities as of 7 September 2026.
• The ministry lists eligible strategic areas through 1 January 2029, including specified local-raw-material manufacturing, renewable-energy equipment, renewables, waste management, desalination and industrial-park projects.
• The Ministry of Economy describes the investment-promotion certificate as a seven-year right to the incentives provided by the Tax Code and customs-tariff law; the State Tax Service states that 50% of qualifying profit or income is exempt from profit or income tax during that period.
• Industrial-park residency is a separate route: the ministry’s industrial-zones guidance describes ten-year property, land and profit-or-income tax relief, plus import VAT and customs-duty relief for production machinery, technological equipment and installations, from resident registration; it also says this does not create a general raw-material import concession.
• The official statements identify categories and administration, but they do not establish eligibility, tax treatment or benefit value for a particular investor or project.