SMB

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

Another 10 SME entities have been issued "Startup" Certificates Legal form for entrepreneurial activity A regular meeting with entrepreneurs was organized in Kurdamir District For which services entrepreneurs applied to SME Houses Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity Memorandum of Understanding on cooperation signed between KOBİA and the Turkish Trade Center SME cluster companies create new cooperation opportunities for entrepreneurs Business contracts

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.