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 SME entities were issued Startup certificates 21.04.22

The Small and Medium Business Development Agency (KOBİA) has issued Startup certificates to 3 more SMEs. Thus, the number of SME entities that have received a Startup certificate has reached 39.

Startup certificates were issued for the organization of the knowledge contest (via web and mobile application) of Setup LLC, mobile application for ordering trucks of Smart Logistics 2021 LLC, organization of collection and recovery of lithium-ion batteries of Sakuraz Green Energy LLC.

The Startup Certificate exempts SMEs from income and profits tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small businesses whose projects are under development can apply to KOBİA for a Startup Certificate. Detailed information on the application form and other necessary documents, as well as the relevant criteria can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi