The number of entrepreneurs who have received the "Startup" certificate has reached 220.
Five micro and small entrepreneurs have been awarded the "Startup" certificate by the Small and Medium Business Development Agency (KOBIA). Thus, the number of entrepreneurs who have received the Startup certificate has reached 220.
The next meeting of the Expert Council for the issuance of the “Startup” certificate considered 14 applications from SMBs.
According to the decision of the Council, "Startup" certificates were issued for the following projects: "Steamland Factory" LLC’s data infrastructure service for artificial intelligence systems, “Manzil Park” LLC’s online platform for managing residential complexes and buildings, “Nooshcard” LLC’s digital meal card solution for staff, “Adscreen” LLC’s digital advertising platform for taxi passengers, "Onrepetitor" LLC’s online education and training platform.
The "Startup" certificate exempts SMBs from paying profit tax or income tax on income received from innovative activities for a period of 3 years from the date of receipt of the certificate.
Micro and small business entities whose projects are at the development stage can apply to the Small and Medium Business Development Agency to obtain a Startup certificate. Detailed information on the application form and other necessary documents, as well as relevant requirements, can be found at https://smb.gov.az/az/nav/startap-sehadetnamesi. For questions related to the Startup certificate, SMBs can also contact the KOBIA's 131 Call Center.
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