To date, “Startup” certificates have been issued to 263 SME entities.
An additional 11 applications from SME entities were received by the Small and Medium Business Development Agency (KOBİA) for obtaining a “Startup” certificate. The applications were reviewed at a meeting of the Expert Council, and a decision was taken to issue “Startup” certificates to 8 of them. As a result, the total number of SME entities that have received “Startup” certificates has reached 263.
“Startup” certificates were issued for the projects of “İmza İdea Lab” LLC — artificial intelligence-based gift search and sales platform; “Baysart” LLC — digital platform for purchase, sale and storage of gold; “NM Soft” LLC — cloud-based digital clinic management system; “SALAMXPERT” LLC — artificial intelligence-based enterprise resource planning platform; “AL Digital” LLC — online marketplace for gold and jewellery products; “TTC Service” LLC — VPN service under the “VmV App” brand; “Narchin” LLC — digital freight transportation platform; “RR Company” LLC — mobile application for online legal services.
The “Startup” certificate exempts SME entities from profit tax and income tax on income obtained from innovation activities for a period of 3 years from the date of receipt of the certificate.
Micro and small business entities whose projects are at the development stage may apply to KOBİA for a “Startup” certificate. The application form, required documents, and detailed information on relevant criteria can be accessed via the following link:: https://smb.gov.az/az/nav/startap-sehadetnamesi
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