Finance Ministry appeals to NGOs – NGOs should submit their annual reports to the Ministry of Finance till April 1

Baku: According to the article #29.4 of the Law of the Republic of Azerbaijan “On Non-governmental organizations (public organizations and funds)”, the non-governmental organizations should submit their annual reports to the Ministry of Finance till April 1.

According to Ministry, the rule on the form, context and submission of the annual reports of NGOs was approved by the decision #201 of the Cabinet of Ministers dated to December 25, 2009 and normative legal act has been posted on the website of the Ministry of Finance.

“According to the article #31.8 of the abovementioned law, your annual reports should be submitted to the Ministry of Finance within 30 days. An administrative penalty will be applied under the article #247.1 of the Code of Administrative Offences of Azerbaijan for not submission of the reports.

SOURCE: Azeri Press News Agency