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

Entrepreneurs received "Startup" certificates 17.08.21

Three more business entities received “Startup” certificates. These are the “Orangeline” app for the arrangement and management of Kibrit.Tech LLC’s call center activities, the “www.insure.az” project providing insurance services of Profam LLC on a single platform, and Unibroad LLC’s self-named online resource for those wishing to get education abroad.

These SMBs will be exempt from income tax and tax on income from relevant projects for 3 years from the date of receiving the “Startup” certificate.

Note that micro and small businesses may apply for a “Startup” certificate to the Small and Medium Business Development Agency (SMBDA). So far, SMBDA has issued “Startup” certificates to 10 micro and small businesses. For detailed information on the criteria for obtaining a “Startup” certificate, application form, and other necessary documents, pass by the link: https://smb.gov.az/en/nav/startap-sehadetnamesi