SMB

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

Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies The Promotional Exhibition of Local Companies is Commencing Meeting was held with Entreprenuers engaed in import and export 8th Plenary Session of the CICA Business Council and the 10th Business Forum Held in Baku Attention to SMEs Wishing to Showcase Their Products and Services at the “2nd Turkic Trade Fair”! Young Entrepreneurs from Azerbaijan and Turkiye Discuss Prospects for Cooperation With Government Support, Nearly 10 Entrepreneurs Participate in “Caspian Agro” and “InterFood Azerbaijan” Exhibitions Another Training Held for Entrepreneurs Engaged in Export Activities

3 more SMBs Receive "Startup" Certification 09.08.24

To date, 164 SMBs have been awarded "Startup" certifications.

The Expert Council on Startup Certification at the Small and Medium Business Development Agency (KOBİA) held its latest meeting. During the meeting, 6 applications from SMBs were reviewed, and 3 of them were granted "Startup" certification.The certified companies include: "Cibpay" LLC, with its multifunctional online payment platform "Optima Business Solutions" LLC, with its online platform for electronic document management and signing "İxtisasSeç" LLC, with its platform facilitating the admission process for educational institutions.

With these additions, the number of SMBs holding "Startup" certification has reached 164.

The "Startup" certification exempts SMBs from profit or income tax on revenues derived from innovation activities for a period of 3 years from the date of receiving the certificate.

Micro and small enterprises with projects in the development stage are eligible toapply for "Startup" certification from KOBİA.To find out more about application forms, required documents, as well as detailed information about elibigility criteria, you may visit the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi