SMB

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

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 Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities Azerbaijan–Vietnam Business Council to Be Established

5 more SMBs awarded "Startup" certificate 10.04.23

So far, more than 90 micro and small business entities have been awarded a "Startup" certificate, which exempts them from profit and income tax on the income from innovation activities for a period of 3 years.

The "Startup" certificate was granted to 5 more micro and small business entities. As a result, 91 SMBs have received the "Startup" certificate.

The Small and Medium Business Development Agency (KOBİA) awarded "Startup" certificates respectively "Blink-Bİ" LLC for “Blink Business Intelligence” Enterprise Resource Planning software, “ND Opinions” LLC for “Autoreport” secondhand car database, “Frisaga” LLC for its online platform for those who offer services in the fields of tourism and travel, “BlackOne” LLC for its product and service online platform, and “BJ Technology” LLC for its projects of production and sale of “HPLC” columns used in the laboratory.

The "Startup" certificate exempts SMB entities from profit and income tax on their income from innovation activities for a period of three years from the date of receipt of the certificate.

Micro and small business entities whose projects are being developed are encouraged to apply to KOBİA for a "Startup" certificate. The application form and other required documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi