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The Small and Medium Business Development Agency (KOBİA) has issued "Startup" certificates to 3 more SMBs. Thus, the number of "Startup" certified SMBs has reached 81.
The “Startup” certificates were issued to "Recepta" LLC`s platform for digitalization of receipts, "Too Far Logistics" LLC`s online platform for express courier service, "Intelligent Services And Solutions Company" LLC`s production and sale of facade cleaning robots.
The "Startup" certificates exempt SMBs from profit and income tax on the income obtained from their innovation activities for a period of 3 years from the date of certificate issuance.
Micro and small business entities whose projects are under development can apply to KOBİA for a "Startup" certificate. Detailed information on the criteria regarding the application form and other required documents can be found at the link below:
https://smb.gov.az/az/nav/startap-sehadetnamesi
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