SMB

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

A seminar was conducted on the theme of "Transforming SMBs towards a Green Economy and Green Finance" 6 micro-enterpreneurs have been awarded with "Startup" certificates B2B business meetings were convened between Azerbaijani and Pakistani businessmen The representatives of KOBİA visited Saudia Arabia Meeting with women entrepreneurs in Sumgait "The program Karabakh SMBs” are set to extend in 2024 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.

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