SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

The first Startup certificates of 2022 were presented to entrepreneurs 18.01.22

The Small and Medium Business Development Agency (SMBDA) has issued Startup certificates to 5 more SMEs. Thus, the number of SME entities that have received a Startup certificate has reached 32.

Startup Certificates were presented to Pickpoint LLC's online platform for automating the parcel delivery process (www.poste.az), Smor LLC's marketplaces for the sale of auto parts (www.smor.az), Maestro Company Limited LLC web platform for household services (www.izzidone.com), web platform for online contracting of Documood LLC (www.documood.az) and marketplaces for digital products (games) of Pay2play LLC (www.pay2play.az) projects.

The Startup Certificate exempts SMEs 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 businesses can apply to SMBDA for a Startup Certificate. Detailed information on the application form and other necessary documents for the application, as well as the relevant criteria can be found on the website of SMBDA: https://smb.gov.az/en/nav/startap-sehadetnamesi