Azerbaijan's tax system is considered a key tool for liberalizing the business environment and attracting foreign investment. The Tax Code of the Republic of Azerbaijan provides a clear, stable, and flexible taxation framework for all individuals and legal entities engaged in economic activities. For investors, it’s not only about tax rates but also about the incentives and exemptions available. The corporate income tax is set at a flat rate of 20%, applicable to both local companies and permanent establishments of foreign firms. The standard VAT rate is 18%, while export operations enjoy a 0% VAT rate. Personal income tax is levied at 14% on salaries and basic income, with dividends and interest subject to a 10% withholding tax. Employers are also required to contribute to the social security system: 22% of the gross salary is paid by the employer and 3% by the employee. These contributions support pension funds, social security, and healthcare services. Some of the most attractive tax benefits are provided in industrial parks and Free Economic Zones. For example, residents of the Sumgayit Chemical Industrial Park are exempt from corporate income tax, VAT, property tax, and land tax for 10 years. Additionally, imported production equipment is exempt from customs duties and VAT. The Balakhani Industrial Park offers favorable terms for companies engaged in waste processing and the green economy. The Pirallahi Industrial Park focuses on pharmaceuticals and provides tax incentives and favorable land lease conditions. The Mingachevir Industrial Park supports light industry and textile production, with tax reductions for businesses using local raw materials. The Alat Free Economic Zone (AFEZ), geared towards international investment, offers full exemptions from corporate income tax, VAT, excise taxes, and customs duties. AFEZ operates under international standards, ensuring transparency, legal certainty, and free capital movement. In conclusion, Azerbaijan’s tax policy is not only focused on budget revenue but also on fostering production, exports, and technology-driven enterprises. The benefits in industrial parks reduce investment risks and create a favorable long-term business climate.