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

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