SMB

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

The conference devoted to ”Day of Enterpreneurs” held The meeting held between KOBİA and Federative Republic of Somalia Kenyan delegation became familiarized with the activities of the "Baku SMB House" The next meeting of the subgroup focusing on environmental, social, and corporate governance (ESG) standards was recently held. Students and graduate students from Kazakhstan visited "Baku SMB House" What criteria are used for issuing a "startup" certificate? - AWARENESS KOBİA participated in the event "Caspian Investment Forum Bishkek 2024" 16 KOB entities were awarded with "Startup" certificates in the first quarter of this year The meetings with entrepreneurs within the state-business cooperation platform are underway. To the attention of SMB entities operating in the sectors of agriculture and food industry!

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