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

Four more Startup certificates for micro and small entrepreneurs awarded 06.12.22

The Small and Medium Business Development Agency (KOBİA) awarded Startup certificates to four more SMEs. With this, the number of SMEs that received the Startup certificate reached 78.

Startup certificates were awarded to "VR Home" LLC's online platform (marketplace) based on virtual reality, "Probill" LLC’s online platform for managing real estate and residential complexes, "Blokchain Academy" LLC's online training project on "Blockchain" technologies, the individual entrepreneur Eyvaz Ahmadzade’s project of online knowledge competition.

The Startup certificate exempts SME entities from profit and income tax on their revenues from innovation activities for a period of three years from the date of receipt of the certificate.

Micro and small business enterprises with projects that are still in the development stages may apply to KOBİA for a Startup certificate. The application form and other necessary documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi