SMB

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

Training "Islamic Banking and Finance" was held A compendium outlining the principles of environmental, social, and corporate governance (ESG) has been compiled. Support for entrepreneurs engaged in production - Model enterprise SME About 8 thousand B2B services were rendered to entrepreneurs in the “Baku SMB House” The workshop focusing on securing investments for small and medium-sized businesses (SMBs) and startups is scheduled. What government services do entrepreneurs most frequently request at the "Baku SMB House"? Is it possible to get a duplicate of the “startup” certificate? KOBİA encourages investors to invest in projects led by small and SMBs and startups A seminar was conducted on the theme of "Transforming SMBs towards a Green Economy and Green Finance" 6 micro-enterpreneurs have been awarded with "Startup" certificates

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