SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

Who is eligible for the "Startup " Certificate? 11.07.24

According to the criteria for classifying business entities approved by the Cabinet of Ministers' decree of December 21, 2018, the "Startup"certificate is issued to legal entities and individual entrepreneurs who are micro or small enterprises.

If the applicant is not a micro or small enterprise but is a founder of a medium or large enterprise owning more than 49% of the shares of the legal entity, or if the applicant is not recognized as a tax resident, the Small and Medium Business Development Agency (KOBİA) may decide to deny the issuance of the "Startup " certificate.

It is worth noting that the "Startup" certificate applies exemption for micro and small enterprises engaged in innovative activities from paying income tax and profit tax for three years.