SMB

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

The conference devoted to ”Day of Enterpreneurs” held The meeting held between KOBİA and Federative Republic of Somalia Kenyan delegation became familiarized with the activities of the "Baku SMB House" The next meeting of the subgroup focusing on environmental, social, and corporate governance (ESG) standards was recently held. Students and graduate students from Kazakhstan visited "Baku SMB House" What criteria are used for issuing a "startup" certificate? - AWARENESS KOBİA participated in the event "Caspian Investment Forum Bishkek 2024" 16 KOB entities were awarded with "Startup" certificates in the first quarter of this year The meetings with entrepreneurs within the state-business cooperation platform are underway. To the attention of SMB entities operating in the sectors of agriculture and food industry!

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