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

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.