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

6 micro-enterpreneurs have been awarded with "Startup" certificates 01.05.24

“The number of SMBs that have obtained the “Startup” certificate has reached 145.

Six additional SMB entities have been awarded with the “Startup” certificates by the Small and Medium Business Development Agency (KOBİA). Therefore, the total number of SMB entities obtained the “Startup” certificate reached 145.

The "Startup” certificates have been awarded to the following projects: mobile platform for online doctor appointments created by "E-Tibb" LLC, "Imajin Technologies" LLC, an interactive platform for online shopping, "Finmarket" LLC, an online credit platform for financial institutions, "Troniq" LLC, specializing in the production and sale of advertising robots, "Yoldash" LLC, an online platform bringing together drivers and passengers, as well as for the project of an online gaming platform from Kheyale Nushiravanova.

It should be noted that the “Startup” certificate grants SMBs a three-year exemption from profit and income tax derived for tax from innovative activities, starting from the date of certificate issuance.

Micro and small business entities being currently in the development stage of their projects are eligible to apply for a Startup certificate from KOBİA. To apply and receive additional information about the required documents and criteria, please visit the following link:https://smb.gov.az/az/nav/startap-sehadetnamesi