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

Issuance of “Startup” certificates to SMBs to continue 08.07.21

The Small and Medium Business Development Agency (SMBDA) issued “Startup” certificates to 4 more business entities. These are “Algorithmic credit technologies” LLC, “Delivery Azerbaijan” LLC, individual entrepreneur Nazar Allahverdiyev, and “Amir Technical Services” LLC. The aforementioned SMBs are exempt from income tax and tax on income from the innovative activity for 3 years from the date of receiving the “Startup” certificate.

The innovative solutions of startups who have obtained the “Startup” certificate cover areas such as agricultural production units, financial technologies, logistics, and e-commerce.

Note that to date, SMBDA has issued “Startup” certificates to 7 micro and small businesses. Micro and small businesses wishing to receive a “Startup” certificate may find detailed information and data on projects certified on the SMBDA website www.smb.gov.az in the appropriate section.