SMB

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

Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity Memorandum of Understanding on cooperation signed between KOBİA and the Turkish Trade Center SME cluster companies create new cooperation opportunities for entrepreneurs Business contracts Applications of entrepreneurs have been heard Interest in the "SME Volunteers" Programme continues to increase Training events are being conducted within the framework of the Business Partnership Programme 35 "Startup" Certificates have been issued during the elapsed period of the current year

4 more business entities were issued "Startup" certificates 14.09.21

The Small and Medium Business Development Agency (SMBDA) issued “Startup” certificates to 4 more business entities. These are the “VATT” LLC’s “Powerbank rental” project for renting phone chargers through a mobile application, “ALT SERVICE” LLC’s “Smart network device” for uninterrupted power supply, individual entrepreneur Tabriz Zeynalov’s “www.cagir.az” online platform for purchase and sale of household services, and the “TECHFIN” LLC’s project of the cloud-based online accounting program “www.hesabat.az”.

Micro and small businesses that have been issued a “Startup” certificate are exempt from income tax and tax on income from innovation activity for 3 years from the document receipt date. In this regard, entrepreneurs are advised to obtain a “Startup” certificate for already profitable projects that are at the stage of active growth.

It should be noted that at the moment, SMBDA has issued “Startup” certificates to 14 micro and small businesses.

To obtain a “Startup” certificate, micro and small entrepreneurs may apply to SMBDA. For more information on the application form, required documents, and the relevant criteria for obtaining a “Startup” certificate: https://smb.gov.az/en/nav/startap-sehadetnamesi