SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

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