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

Additional 10 SMEs were granted the "Startup" certificate 14.10.24

The applications of 16 applicant that SMEs applied to the Small and Medium Business Development Agency (KOBİA) for a 'Startup' certificate have been reviewed. Based on the Experts Council's opinion, a decision has been made to issue the relevant document to 10 of them. Therefore, the number of SMEs that have obtained the "Startup" certificate has reached 174.

The "Startup" certificates have been awarded to the following projects: "Seaya" LLC's online platform for booking and managing individual homes and hotels, "Eurasia Group" LLC's digital platform for cardiac monitoring and diagnostics,"Qbit Technologies" LLC's platform for real estate buying, selling, and services, "Printfable" LLC's online platform for creating and ordering custom designs, "Eventa" LLC's online platform for management and ticket sales for mass event organizers, "Billing Pro" LLC's online platform for debt calculation and collection, "Avtomend" LLC's online platform for managing vehicle fleets,"Metanoia" LLC's online platform and mobile application for religious education and selling halal products Individual entrepreneur Orhan Mammadov's mobile application for warehouse management, trade, and accounting Novruz Novruzov's online platform for vehicle rental and car sharing.

The "Startup" certificate exempts SMEs from profit and income tax for a period of 3 years on the revenues generated from their innovative activities starting from the date they receive the certificate.

Micro and small business entities at the development stage of their projects can apply to KOBİA for the "Startup" certificate. The application form and other necessary documents, as well as detailed information on the relevant criteria, can be found at the following link:

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