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

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.