SMB

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

Meeting was held with citizens joined the self-employment programme in Gabala More than 800 business entities and potential entrepreneurs have attended the business trainings Entrepreneurs engaged in production are invited to the training of the SMB Model Enterprise “Unibroad” educational platform among the best startups around the world The Azerbaijani startup produced the “Sculptor” device The startup to represent our country unveiled at "AIM Congress" Meeting was held with Samukh entrepreneurs, with the SMB friend office goes operational More than 99 thousand services provided to entrepreneurs at the SMB houses in Q1 of current year A survey is conducted among foreign trade participants Awareness-raising event organized by the Electronic Security Service at KOBİA

Another 5 micro entrepreneurs exempted from profit and income tax 13.03.24

135 SMB subjects have been awarded with a “Startup” Certificate up to now.

The “Startup” Certificate has been granted to extra 5 SMB entities by the Small and Medium Business Development Agency (KOBİA).

The “Startup” certificates have been issued for the projects that include a hotel and car reservation platform of “Vvonder Voyage” LLC, an online platform and a mobile app of “Kidfi” LLC, which are aimed at increasing the financial awareness and calculation skills, a production of an ultrasonic therapeutic weight-loss device of “CM Elec Troniq” LLC, an online platform of “4Youkid” LLC for psychological services, and a production of a measurement device offered by an individual entrepreneur, Ramil Gadirov, for recording the environmental parameters.

This “Startup” Certificate exemptes the SMB entities from profit and income tax imposed for the revenues they earn from innovations from the date of issuance of the certificate.

The micro and small entrepreneurial entities whose projects are in the stage of development may apply to KOBİA for “Startup” certificates. You can find the application form and other required documents, as well as detailed information on relevant criterion at: https://smb.gov.az/az/nav/startap-sehadetnamesi

Note that only in 2023 42 SMB entities have been awarded with “Startup” certificates. 39 of them are micro and 3 are small entrepreneurial entities. The projects obtaining this document include innovative solutions on production and service areas. Up to now, the “Startup” Certificate have been given to 135 SMB entities.