SMB

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

The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay

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