Breeding animals

By lump sum payment

• Determine breeding livestock supplier
• Open a bank account and deposit amount equal to undiscounted portion of the breeding animal cost
• Get a Breeding Animal Assessment Act
• Do motor personal damage insurance for your animal
• Apply to Agrarian Credit and Development Agency for the repayment of the discount amount

By loan

• Select your breeding animal
• Contact your participating financial institution with your supplier certificate on indicators of breeding animal
• Get a Breeding Animal Assessment Act
• Do motor personal damage insurance for your breeding animal
• Make at least 25% of down payment for breeding animal cost
• Apply to Agrarian Credit and Development Agency for the repayment of the discount amount

Documents required for concessions

• Application and Affidavit to Agrarian Credit and Development Agency – breeding animal;
• List of analysis
• Original copy of the contract signed with the supplier;
• Copy of the ID card (notarized);
• Bank document confirming the down payment and bank information;
• A copy of the customs declaration certified by signature and (or) stamp of the supplier (in the case of imported breeding animal);
• Documents confirming payment of insurance fee  (motor personal damage insurance);
• Assessment Act;

* When it is a company

• Copy of Regulation;
• Copy of the Certificate of State Registration (Extract from the State Register);
• Copy of Certificate of Taxpayer Identification Number;
• Copy of the document on appointment of the head of single or collegial executive body;

From whom do I get breeding livestock?

You can obtain breeding animal from a supplier that meets the following criteria:

• To provide the feeding and storage conditions of animals in the form necessary for the animal of that species;
• To have or cooperate with zoo veterinary technicians, veterinarians and specialists specializing in animal diseases as well as nutrition of the relevant species

Insurance

Casco insurance is important. The business entity is free to choose an insurance organization.

Participating Financial Institutions

Qiymətləndirmə

Calculation method

• The subsidy amount is 60% of the customs value
• At least 25% of the price determined by the Estimator is prepaid
• The remaining amount of the price determined by the Estimator is paid by the bank as a loan.

* If the sale price exceeds the estimated value, the excess is paid by the Customer

Example

• Customs value - 3.000 AZN
• Estimated value - 3.500 AZN
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Subsidy amount

• 60% of customs value (3.000 * 60% = 1,800 AZN)
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Down payment

• 25% of estimated value (3.500 * 25% = 875 AZN)
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Loan amount

• 3.500 – 875 – 1.800 = 825 AZN