SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

An additional 8 SME entities were issued “Startup” certificates 11.03.26

To date, “Startup” certificates have been issued to 263 SME entities.

An additional 11 applications from SME entities were received by the Small and Medium Business Development Agency (KOBİA) for obtaining a “Startup” certificate. The applications were reviewed at a meeting of the Expert Council, and a decision was taken to issue “Startup” certificates to 8 of them. As a result, the total number of SME entities that have received “Startup” certificates has reached 263.

“Startup” certificates were issued for the projects of “İmza İdea Lab” LLC — artificial intelligence-based gift search and sales platform; “Baysart” LLC — digital platform for purchase, sale and storage of gold; “NM Soft” LLC — cloud-based digital clinic management system; “SALAMXPERT” LLC — artificial intelligence-based enterprise resource planning platform; “AL Digital” LLC — online marketplace for gold and jewellery products; “TTC Service” LLC — VPN service under the “VmV App” brand; “Narchin” LLC — digital freight transportation platform; “RR Company” LLC — mobile application for online legal services.

The “Startup” certificate exempts SME entities from profit tax and income tax on income obtained from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are at the development stage may apply to KOBİA for a “Startup” certificate. The application form, required documents, and detailed information on relevant criteria can be accessed via the following link:: https://smb.gov.az/az/nav/startap-sehadetnamesi