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

The number of entities awarded with the "Startup" certificate has reached 151 06.06.24

Six more SMBs, specializing in developing mobile applications and online platforms for the service industry, have been granted exemptions from corporate income tax or personal income tax.

Additional 6 micro and small businesses were awarded with the "Startup" certificate by Small and Medium Business Development Agency (KOBİA). Therefore, the total number of entities receiving the "Startup" certificate has reached 151.

The "Startup" certificates were presented for the following innovations: the mobile application by "Money-Tunnel" LLC, connecting clients with financial institutions; Rufat Gulyamli's interactive video training and communication platform; "Yax" LLC mobile application for taxi booking; the artificial intelligence developed by "JI Studio" LLC based on a web page design and development platform; Niyaz Ismayilov's award-winning interactive online competition platform; and the intellectual search platform by "Ainuverse" LLC for video content projects.

The "Startup" certificate exempts SMBs from corporate income tax or personal income tax on income generated from innovative activities for a period of 3 years from the date of certificate issuance. Micro and small business entities with projects in the developmental stage can apply to KOBİA to obtain the "Startup" certificate.

The application form, along with other necessary documents, and detailed information on the relevant criteria, can be found at the following link:https://smb.gov.az/az/nav/startap-sehadetnamesi