SMB

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

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 HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

Is audit mandatory for micro, small and medium-sized entrepreneurs? 12.05.26

Audit — the process of accurate and honest accounting of an enterprise and the examination of financial statements by an independent auditor, as well as the issuance of an opinion. Audit increases financial transparency and strengthens reliability for investors and partners. According to the legislation of the Republic of Azerbaijan, micro and small business entities are exempt from mandatory audit. Enterprises that do not fall under the micro and small category, including some limited liability companies and joint-stock companies, are required to engage an independent auditor in order to verify the accuracy of their annual financial statements. Failure to comply with mandatory audit requirements in cases provided for by law entails administrative liability.