Azerbaijani firms VVE GROVV LLC and Promalt LLC receive 7-year tax exemptions for fruit juice production and barley malt production plants, respectively.

Azerbaijani company VVE GROVV LLC has received an Investment Promotion document to build a fruit juice production and packaging plant in Gusar District. The company will benefit from tax exemptions for 7 years. Another project, Promalt LLC, has been granted an Investment Promotion document to construct a barley malt production plant in Imishli. The company has also been provided tax benefits for 7 years. Additional projects, including fruit processing, have received investment stimulation documents in Azerbaijan's local production.

February 05, 2024
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