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

Paper and Hygiene Products to Be Manufactured in Garadagh District Using Modern Technologies 29.12.25

As a result of the implementation of a project granted an investment promotion document, it is envisaged that nearly AZN 27 million will be invested in local production and 180 permanent jobs will be created.

An investment promotion document has been issued to another business entity, Fabriora LLC. The company will manufacture paper and hygiene products (including baby diapers, kitchen paper towels, napkins, and similar products) in the Garadagh district through the application of modern technologies. Within the framework of the project, investments totaling nearly AZN 27 million are planned, along with the creation of 180 permanent jobs.

Overall, to date, 622 investment promotion documents have been issued for projects submitted by 518 business entities. As a result of the implementation of these projects, investments of approximately AZN 7.9 billion are expected to be made in local production, and nearly 45,000 new jobs are projected to be created.

The investment promotion document provides business entities with a range of incentives in accordance with the Tax Code of the Republic of Azerbaijan and the Law of the Republic of Azerbaijan “On Customs Tariffs.” These incentives include a 50% exemption from profit or income tax for a period of seven years, exemption from value-added tax (VAT) and customs duties on the import of machinery, technological equipment, and installations within the framework of the projects, as well as exemption from property tax on assets acquired through investment funds and from land tax on the relevant land owned or used by the business entity.