SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

3 more micro and small entrepreneurs received the "Startup" certificate 05.01.23

The Small and Medium Business Development Agency (KOBİA) has issued "Startup" certificates to 3 more SMBs. Thus, the number of "Startup" certified SMBs has reached 81.

The “Startup” certificates were issued to "Recepta" LLC`s platform for digitalization of receipts, "Too Far Logistics" LLC`s online platform for express courier service, "Intelligent Services And Solutions Company" LLC`s production and sale of facade cleaning robots.

The "Startup" certificates exempt SMBs from profit and income tax on the income obtained from their innovation activities for a period of 3 years from the date of certificate issuance.

Micro and small business entities whose projects are under development can apply to KOBİA for a "Startup" certificate. Detailed information on the criteria regarding the application form and other required documents can be found at the link below:

https://smb.gov.az/az/nav/startap-sehadetnamesi