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

Another 4 micro-entrepreneurs were awarded with a "Startup" certificate 03.04.24

The “Startup” certificate exempts the SMB entities from profit and income tax on revenues they earn from innovation activity for the period of 3 years.

Another 4 SMB entities were awarded the "Startup" certificate by the Small and Middle Business Development Agency (KOBİA). So, the number of SMB entities who have obtained the "Startup" certificate became 139.

The "Startup" certificates have been presented for a project of "Yol Yoldashi" LLC on a mobile application for search of intercity transport, a project of "Prodigitrack" LLC on an online platform for the organization of procurement process, a project of Rafig Mirzayev on production of alternative protein and oil from agricultural and food waste, project of Aygun Aliyeva on manufacturing and sales of equipment for generation of water from atmosphere.

The “Startup” certificate releases the SMB entities of profit and income tax they earn from innovation activity for 3 years since the date of issue.

The micro and small entities whose projects are at a development stage are encouraged to apply to KOBİA for a "Startup" certificate. Application form and other required documents, as well as detailed information on relevant criteria, may be found at https://smb.gov.az/az/nav/startap-sehadetnamesi