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

So far, about 90 SMBs awarded the "Start-up" certificate 09.02.23

The Small and Medium Business Development Agency (KOBİA) granted the "Start-up" certificate to 5 more SMBs. Consequently, the number of business entities that have been awarded the "Start-up" certificate has reached 86.

"Start-up" certificates were presented for "Allrent" LLC's house rental and "Incode" LLC's online platforms for party and wedding management, "AKIAB" LLC's online services and communication platform for business, "Legalaid" LLC's legal advice mobile application for services, "AvtomatikaAz" LLC`s software projects for deadweight tonnage scales.

It is worth highlighting that the "Start-up" certificate is given for the production of a competitive product or service based on an innovative initiative, produced for obtaining income or profit. This document exempts the SMB entity from the profit and income tax on the income obtained from the innovation activity for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are in the development stage are encouraged to apply to KOBİA in writing or electronically for a "Start-up" certificate. For application form and other necessary documents, as well as detailed information on the relevant criteria, please visit the link below:

https://smb.gov.az/az/nav/startap-sehadetnamesi