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

"Startup" certificate awarded to more 11 micro-entrepreneurs 14.09.23

The number of SMBs that awarded the "Startup" certificate reached 105.

Another 11 SMBs received the "Startup" certificate. All of the SMB entities awarded the certificate are micro entrepreneurs, 3 of them are women entrepreneurs. Majority of the projects received a certificate cover the service sector.

The Small and Medium Business Development Agency (KOBİA) awarded "Startup" certificates to projects as online marketplace for selling beauty services and products of "Think" LLC, online job announcements platform of "Hellojob" LLC, hardware-software complex for automatic management of Ramil Gadyrov's storage safes, "S2J INC" mobile application for car sharing (rental), online survey platform of "Allin.Us" LLC, electronic platform for facilitating the purchase and sale of real estate of "Martabaler" LLC, online platform for selling mobile phones of "Telsat" LLC, service performance measurement and management platform of "Hirpo" LLC, online platform of "Flash Expo" LLC for remote organization of participation in exhibitions and fairs, platform for joining fitness clubs subscriptions and minute accounts of "All Fitness" LLC and online education platform of "Metatesk" LLC.

Thus, the number of SMBs that received the "Startup" certificate reached 105.

The "Startup" certificate exempts SMB entities from profit and income tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are currently being developed are encouraged to apply to KOBİA for a "Startup" certificate. The application form and other required documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi