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 number of entrepreneurs who have received the “Startup” certificate has reached 25 26.11.21

The Small and Medium Business Development Agency (SMBDA) has issued “Startup” certificates to 6 more SMBs. Thus, the number of SMBs who have received the “Startup” certificate has reached 25.

“Startup” certificates have been issued for the production and sale of automated concession stands of “Buta Vending” LLC, “www.azdo.az” platform for “Cusperco” LLC service providers, “www.payriff.com” payment aggregator for “Payriff” LLC’s online trade, software for healthcare institutions by individual entrepreneur Aliagha Aghayev, platform “www.oxuyan.az” for the arrangement of online exams of “Oxuyan” LLC, and cloud-type software for the arrangement of e-management in business entities, created by individual entrepreneur Farid Farmanov for “www.bein.az” project.

The startup certificate exempts SMBs from paying profit tax and the tax for income from innovation activities for 3 years from the date of receipt of the certificate.

The Startup certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the certificate obtaining date.

Micro and small enterprises, projects of which are in the development stage, can apply to SMBDA for a “Startup” certificate. Detailed information on the application form and other required documents, as well as the appropriate criteria, can be found at https://smb.gov.az/en/nav/startap-sehadetnamesi