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Azerbaijan: Unlocking the Caspian region potential to Europe and Asia - focus on tax and legal regulations

Tax Seminar in Baku

Monday, 3rd June, 2013

The Caspian countries play increasingly important role in securing energy security of Europe and Asia.  That is why the focus on the region is not surprising.  More and more companies operate in more than one country of the region.  Yet sharing services and sending goods over borders of different countries pose a number of tax and regulatory challenges. The participants of the event who primarily represented oil and gas industry in the cross-Caspian region actively participated in the discussions around the challenges and opportunities for doing business in the Caspian energy and resources sector.

Deloitte Azerbaijan held a tax seminar to discuss major tax and regulatory trends (like recent and expected changes in the legislation, new interpretations, new best practices, new tax planning opportunities, also covering intercountry links, home country consequences for cross border operations in Azerbaijan, etc.) in the Caspian region countries with a panel of internationally renowned experts from Azerbaijan, Russia, Kazakhstan and Turkmenistan. The event featured the following topics and presenters:

  1. Doing business in Russia by Andrey Panin (Tax and Legal Partner, Deloitte Russia)
  2. Doing business in Kazakhstan by Dilya Osmanova (Tax and Legal Partner, Deloitte Kazakhstan/Turkmenistan)
  3. Doing business in Turkmenistan by Dilya Osmanova (Tax and Legal Partner, Deloitte Kazakhstan/Turkmenistan)
  4. Azerbaijan: Tax and Legal Update by Nuran Kerimov (Tax and Legal Partner, Deloitte Azerbaijan)
  5. Oil and Gas Processing and Petrochemical Complex by Azar Alibayli (Head of Economic Department of SOCAR OGPC, Azerbaijan)
  6. Legal update on Oil & Gas: Changing the leverage by Vugar Mammadov (Senior Legal Manager, Deloitte Azerbaijan)
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