SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities! Another 10 SME entities have been issued "Startup" Certificates Legal form for entrepreneurial activity A regular meeting with entrepreneurs was organized in Kurdamir District For which services entrepreneurs applied to SME Houses Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity

13 SMBs awarded the "Startup" certificate in the first half of 2023 03.08.23

Projects that have awarded the "Startup" certificate contain mobile applications and online services including innovative solutions in fintech, education, healthcare, tourism, business digitalization, and e-commerce.

In January-June 2023, 47 micro and small entrepreneurs turned to the Small and Medium Business Development Agency (KOBİA) for a "Startup" certificate. Based on the "Startup Identification Criteria" approved by the Cabinet of Ministers' Decision dated January 29, 2021, the Expert Council issued certificates to 13 SMBs, 12 of which are micro and 1 is a small entrepreneur. Projects that have received the "Startup" certificate include mobile applications and online services as well as innovative solutions in fintech, education, healthcare, tourism, business digitalization, and e-commerce.

Overall, 94 micro and small business entities have been awarded the "Startup" certificate.

The "Startup" certificate exempts SMBs from profit and income tax on their income from innovation activities for a period of three years from the date of receipt of the certificate.

Micro and small business entities whose projects are being developed are encouraged to apply to KOBİA for a "Startup" certificate. For application form and other required documents, as well as detailed information on the relevant criteria, please visit the following link: https://bit.ly/3KqQwuV