SMB

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

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 HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

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