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

Attention to Entrepreneurs Initiating Clustering Initiatives! 16.04.25

Entrepreneurs engaged in clustering initiatives are eligible to benefit from a range of tax incentives, as well as various support and services provided by the Small and Medium Business Development Agency (KOBIA). Specifically, entrepreneurs who obtain the “SMB Cluster Company Certificate” issued by KOBIA will be granted the following exemptions for a period of 7 years:

-Full exemption from profit or income tax;

-Full exemption from land and property taxes;

-Full exemption from VAT on machinery, technological equipment, and installations imported within the framework of the project, based on appropriate supporting documentation;

-Moreover, the goods delivered by entrepreneurs participating in the SMB cluster to the SMB cluster company are also fully exempt from profit or income tax.

In addition, KOBIA offers support for clustering in the following areas:

-Provision of information and consultancy services;

-Development of a functional map of the SMB cluster;

-Preparation of the financial and economic rationale for the establishment of the SMB cluster;

-Assistance in identifying participants for the SMB cluster.

Entrepreneurs may apply for the aforementioned support related to clustering by contacting SMBDA via email (info@smb.gov.az) or by submitting a request directly through the official website: https://smb.gov.az/az/contact-form/aze-citizen.

It should be noted that an SMB cluster is a collective structure comprising an SMB cluster company and participating entrepreneurs operating in the same or similar economic sectors, located within a defined geographic area, sharing workforce, a common market, and services, and engaging in mutual economic relations. These entities collaborate, complement one another, and function as a unified system. Information regarding state support for the establishment of SMB clusters, including incentives and required documentation for obtaining the SMB Cluster Company Certificate, can be found on the SMBDA website (https://smb.gov.az/az/nav/kob-klaster) or by calling the 131 Call Center.