SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

Attention to SME Entities Wishing to Become Participants of an SME Cluster! 29.10.25

Products supplied by entrepreneurs participating in an SME cluster to an SME cluster company are fully exempt from profit or income tax for a period of 7 years.

More than 20 SME entities will be united within two SME cluster companies established in 2024 and 2025. These SME entities will supply various goods and services to SME cluster companies engaged in the production of natural fruit concentrate and lubricating oils for vehicle engines.

Existing and prospective SME cluster participants may apply directly to the relevant cluster companies, as well as to the Small and Medium Business Development Agency (KOBİA) for coordination support (via email at info@smb.gov.az or through the application form available on the official website: https://smb.gov.az/az/contact-form/aze-citizen).

It should be noted that entrepreneurs participating in an SME cluster are fully exempt from profit or income tax for a period of 7 years on goods supplied to the SME cluster company.

An entrepreneur holding an “SME Cluster Company Certificate” is fully exempt from profit or income tax, land tax, property tax, and VAT on the import of machinery, technological equipment, and installations under the project, for a period of 7 years, based on the relevant supporting document.

An SME cluster is a collective structure formed on the basis of geographic proximity and similarity or alignment of economic activities, bringing together an SME cluster company and SME cluster participants who share a labour force, a common market and services, and who, through mutual economic relations, operate in an interconnected, complementary and collaborative manner. A participant of an SME cluster is a micro, small or medium-sized enterprise whether a legal or natural person that has concluded a contract with the SME cluster company to operate within the cluster and has been issued an SME Cluster Participant Certificate by KOBİA. As each SME cluster must consist of at least ten micro, small or medium-sized enterprises, this mechanism serves to unite SMEs from various sectors of the economy, thereby fostering inter-enterprise linkages and cooperation.

Information regarding state support for the establishment of SME clusters, including available incentives, as well as the documents required to obtain an SME Cluster Company Certificate, can be obtained from the KOBİA website (https://smb.gov.az/az/nav/kob-klaster) or by contacting the 131 Call Center.