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

Legal form for entrepreneurial activity 17.08.26

Entrepreneurs must choose the legal form of the business before starting their activity. There are two main options here. The first is as an individual entrepreneur. In this case, the business is registered in your own name. You earn income, but the risk is also yours. You are liable even with your personal property. The second is a Limited Liability Company, or LLC for short. In this case, your risk is limited only to the amount of capital invested by you. That is, your personal property is protected. When starting entrepreneurial activity, the most commonly chosen legal form is precisely the LLC form. Along with this, other organizational and legal forms of a legal entity may also be used.