SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

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