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

Entrepreneurs continue to be issued Startup certificates 23.05.22

The Small and Medium Business Development Agency (KOBİA) has issued Startup certificates to 3 more SMEs. Thus, the number of SME entities that have received a Startup certificate has reached 42.

The Startup certificate was awarded for the online organization of legal consultation services of E-legal LLC, the mediation service for the online organization of psychological services of Psychosan LLC and the online sales platform of agricultural products by Javad Ibrahimli, an individual entrepreneur.

The Startup Certificate exempts SMEs from income and profit tax on their revenues from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small businesses whose projects are under development can apply to KOBİA for a Startup Certificate. Detailed information on the application form and other necessary documents, as well as the relevant criteria can be found at the following link: https://smb.gov.az/en/nav/startap-sehadetnamesi