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

“Startup” Certificate Granted to SMEs 30.06.25

The “Startup” certificate exempts SMEs from profit or income tax on the revenue generated from their innovation activities for a period of three years.

The Small and Medium Business Development Agency (KOBIA) has granted the “Startup” certificate to two more SME entities. During the next meeting of the Expert Council established within KOBIA for issuing the relevant documents, seven projects were reviewed, and the decision was made to grant the “Startup” certificate to two of them.

The “Startup” certificates were presented for the projects of " İloyal" LLC’s customer loyalty and digital menu management platform, and for the online marketplace and delivery service project in the food and non-food sector by individual entrepreneur Jamil Muradov.

In total, KOBIA has granted “Startup” certificates to 215 SMEs to date.

The “Startup” certificate exempts SMEs from profit or income tax on the revenue generated from their innovation activities for a period of three years, starting from the date the certificate is granted.

Micro and small business entities at the development stage of their projects may apply to KOBIA for the “Startup” certificate. The application form and other required documents, as well as detailed information on the relevant criteria, can be found at the following link:https://smb.gov.az/az/nav/startap-sehadetnamesi