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

19 entrepreneurs have already received the “Startup” certificate 18.10.21

The Small and Medium Business Development Agency (SMBDA) has issued ‘Startap’ certificates to 5 more SMBs. Thus, the number of “Startup” certified SMBs has reached 19.

The “Startup” certificates were issued to “GLOBAL INNOVATIONS” LLC’s online payment aggregator and the www.epoint.az e-commerce platform, “VVHELP” LLC’s online customer support software for business entities, individual entrepreneur Orkhan Jafarov’s online consulting platform for the agricultural sector, “SUPPLY CHAIN COMMUNITY” LLC’s online platform for suppliers and procurers, and individual entrepreneur Namik Hajiyev’s online knowledge competition project.

The “Startup” certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the date of receiving the certificate.

Micro and small businesses, whose projects are under development, can apply for a “Startup” certificate to SMBDA. For more information on the application form, required documents, and the relevant criteria for obtaining a “Startup” certificate: https://smb.gov.az/az/nav/startap-sehadetnamesi