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

Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities 08.05.25

Number of SMEs Granted “Startup” Certificates Reaches 210

At the latest meeting of the Expert Council established under the Small and Medium Business Development Agency (KOBIA) for issuing “Startup” certificates, seven applications submitted by SMEs were reviewed. As a result, four SMEs were granted “Startup” certificates. With this decision, the total number of SMEs awarded the certificate has reached 210.

“Startup” certificates were issued for the projects including, "Smart Soft and Services" LLC for its automated customer communication and marketing solutions platform integrated with WhatsApp, "Simic App" LLC for its AI-based platform tailored to businesses, "Mediatrends" LLC for its AI-driven media monitoring and analytics system, and "Builders and Realtors Unity" LLC for its international supply and networking platform.

The “Startup” certificate exempts certified SMEs from profit and income taxes on revenues derived from innovation activities for a period of three years, starting from the date the certificate is granted.

Micro and small business entities with projects in the development phase are eligible to apply for the “Startup” certificate through KOBIA. The application form, required documents, and detailed information about the relevant criteria can be accessed via the following link: https://smb.gov.az/en/nav/startup-certificate