SMB

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

The role of SMBs in the Transition to the Green Economy Within the framework of COP29, a panel discussion was held on the topic “The Role of SMBs in the Green Economy” KOBİA and the "Invest Bulgaria" Agency to collaborate Within the framework of COP29, the documents for collaboration were signed to support the green transition of SMBs Representatives of the International Trade Centre (ITC) paid the visit to "Baku SMB House" A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway

5 more micro entrepreneurs awarded the Startup certificate 30.12.23

The Small and Medium Business Development Agency (KOBİA) awarded the Startup certificate to 5 more SMBs. Thus, the number of SMBs with Startup certificate reached 123.

Startup certificates were awarded to the following projects: Digital infrastructure security testing service of "Qarabug" LLC, online intermediary service for admission to universities of "UNINTURKEY" LLC, production of cotton loaders equipped with innovative reducers of "Metprof" LLC, platform and mobile application that optimizes the feeding process of "Alfa Hospitality" LLC, and online trading platform (marketplace) of "Trendbazar" LLC.

The Startup certificate exempts SMBs from profit and income tax on their income on innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are still being developed are encouraged to apply to KOBİA for a Startup certificate. For the application form and other necessary documents, as well as detailed information on the relevant criteria, please visit the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi