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
What are the eligibility criteria to classify entrepreneurs as micro, small, medium, or large? 17.07.24
What are the eligibility criteria to classify entrepreneurs as micro, small, medium, or large?

According to the Decree of the Council of Ministers of the Republic of Azerbaijan dated December 21, 2018, on "New Criteria for the Classification of Micro, Small, Medium, and Large Enterprises, " entrepreneurs are classified into micro, small, medium, and large enterprises based on the average number of employees and annual income. The classification of SME is determined by the highest of these criteria. For example, if a business entity has 5 employees and an annual revenue of 250 000 manat. Here, the number of employees corresponds to a micro-enterprise, while the annual revenue corresponds to a small enterprise. In this case, the primary criterion is annual income, and the enterprise is considered a small enterprise.



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