SMB

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

The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay

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