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

Additional 10 SMEs were granted the "Startup" certificate 14.10.24

The applications of 16 applicant that SMEs applied to the Small and Medium Business Development Agency (KOBİA) for a 'Startup' certificate have been reviewed. Based on the Experts Council's opinion, a decision has been made to issue the relevant document to 10 of them. Therefore, the number of SMEs that have obtained the "Startup" certificate has reached 174.

The "Startup" certificates have been awarded to the following projects: "Seaya" LLC's online platform for booking and managing individual homes and hotels, "Eurasia Group" LLC's digital platform for cardiac monitoring and diagnostics,"Qbit Technologies" LLC's platform for real estate buying, selling, and services, "Printfable" LLC's online platform for creating and ordering custom designs, "Eventa" LLC's online platform for management and ticket sales for mass event organizers, "Billing Pro" LLC's online platform for debt calculation and collection, "Avtomend" LLC's online platform for managing vehicle fleets,"Metanoia" LLC's online platform and mobile application for religious education and selling halal products Individual entrepreneur Orhan Mammadov's mobile application for warehouse management, trade, and accounting Novruz Novruzov's online platform for vehicle rental and car sharing.

The "Startup" certificate exempts SMEs from profit and income tax for a period of 3 years on the revenues generated from their innovative activities starting from the date they receive the certificate.

Micro and small business entities at the development stage of their projects can apply to KOBİA for the "Startup" certificate. The application form and other necessary documents, as well as detailed information on the relevant criteria, can be found at the following link:

https://smb.gov.az/az/nav/startap-sehadetnamesi