Hydrocarbon Activities definition

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Hydrocarbon Activities shall be defined as all activities relating to Petroleum in the State, whether such activities are performed in the State or elsewhere. kənarda həyata keçirilməsindən asılı olmayaraq.

Hydrocarbon Activities means all types of Petroleum Operations and

Examples of Hydrocarbon Activities in a sentence

Bu aşağıdakılara tətbiq edilir: (a) Each Contractor Party, the Operating Company and their Sub-contractors shall be exempt with credit (zero (0) percent rate) from VAT in connection with Hydrocarbon Activities.
The Faroe Islands may continue to apply provisions on licences according to Articles 10, 11 and 18 of the Hydrocarbon Activities Act (No. 31, 16 March 1998).
The Contractor following the laws of Peru should comply with all norms and dispositions of the "Regulations on the Environment for Hydrocarbon Activities," approved by Supreme Decree No.046-093-EM and modifications by Legislative Decree No. 613 "Code of the Environment and Natural Resources" and other pertinent legislation.
Regulations for Environmental Protection in Hydrocarbon Activities approved by Supreme Decree No. 015-2006-EM.
In this respect, the Faroese Act on Hydrocarbon Activities shall be interpreted so as to allow Icelandic legal persons established, and Icelandic natural persons domiciled in the Faroe Islands, to enjoy rights under that Act on a non-discriminatory basis.
Each Contractor Party shall be liable for payment of Profit Tax in connection with its business activities in the Azerbaijan Republic that are not related to Hydrocarbon Activities, under the applicable laws and regulations of the Azerbaijan Republic.
Each Contractor Party shall be liable for payment of the Profit Tax in connection with its business activities in the Republic of Azerbaijan that are not related to Hydrocarbon Activities, under the applicable laws and normative acts of the Republic of Azerbaijan.
The Faroese Act on Hydrocarbon Activities determines that oil companies that undertake oil drilling in the Faroese subsoil must develop contingency plans for their businesses that include oil spill response equipment.
The principal statute intended to prevent oil spills relating to hydrocarbon activities, is the Faroese Act on Hydrocarbon Activities which regulates prospecting, exploration and exploitation of mineral resources on the continental shelf of the Faroe Islands.
Yuxarıda şərh edilənlərə baxmayaraq, Azərbaycan Respublikasının qanunlarına və normativ aktlarına əsasən aşağıda 12.5(a)(i) və (ii) bəndlərində göstərilən ödənişlərdən beş (5) faiz dərəcəsi ilə Vergi tutula bilər və belə (a) Except as expressly provided in Article 12.4(a) of this Agreement, no Taxes shall be imposed or withheld from the payments by each Contractor Party related to Hydrocarbon Activities in favour of any entities established outside the boundaries of the Republic of Azerbaijan.

More Definitions of Hydrocarbon Activities

Hydrocarbon Activities means activities relating to the exploitation of the Contract Area, whether such activities are performed in the Azerbaijan Republic or elsewhere.

Hydrocarbon Activities means all Petroleum Operations and all other activities carried out in connection with this Agreement by the Contractor Party, directly or through the Operating Company, relating to the rehabilitation, exploration, development and production of Petroleum from the Contract Area, including finishing up Petroleum to the applicable standard, further storage and sale, whether such activities are performed in the Republic of Azerbaijan or elsewhere. Each Contractor Party shall maintain separate books and accounts for its respective Hydrocarbon Activities. (iv) “Vergi orqanı“ – Azərbaycan Respublikasının Vergilər Nazirliyi və ya Azərbaycan Respublikasının Vergilər Nazirliyinin təyin etdiyi hər hansı varisi deməkdir. (iv) "Tax Authority" means the Ministry of Taxes of the Republic of Azerbaijan or any successor thereto appointed by the Ministry of Taxes of the Republic of Azerbaijan.

Hydrocarbon Activities means all Petroleum Operations carried out in connection with this Agreement by Contractor Party, directly or through the Operating Company, whether such activities are performed in the Republic of Azerbaijan or elsewhere. Each Contractor Party shall maintain separate books and accounts for the above Hydrocarbon Activities. (iv) "Tax Authority" means the Ministry of Taxes of the Republic of Azerbaijan or any successor thereto appointed by the Ministry of Taxes of the Republic of Azerbaijan. (v) "Fraud" means any illegitimate action or omission of the Contractor Party expressed in deliberate, intended and premeditated cases of failures for the purpose of evasion from Taxes by means of concealing information on Taxes or prevention of submission or collection thereof. (vi) "Profit Tax Rate" is a rate of twenty two (22) percent which is the applied Profit Tax Rate existing in Republic of Azerbaijan on the day of execution of this Agreement and which shall remain fixed for the entire term of this

Hydrocarbon Activities means all Petroleum Operations and all other activities carried out in connection with this Agreement by the Contractor Party, directly or through the Operating Company, relating to the rehabilitation, exploration, development and production of Petroleum from the Contract Area, including processing of Petroleum and further storage and sale of the products processed thereof inside and outside of the Azerbaijan Republic, whether such activities are performed in the Azerbaijan Republic or elsewhere. Each Contractor Party shall maintain separate books and accounts for its respective Hydrocarbon Activities. (a) За исключением обязательства по Налогу на прибыль, изложенного в настоящей Статье 14, Подрядные стороны не облагаются никакими Налогами какого бы то ни было характера, возникающими в связи или относящимися прямо или косвенно к Углеводородной деятельности.