SMB

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

Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business 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

Another 4 micro-entrepreneurs were awarded with a "Startup" certificate 03.04.24

The “Startup” certificate exempts the SMB entities from profit and income tax on revenues they earn from innovation activity for the period of 3 years.

Another 4 SMB entities were awarded the "Startup" certificate by the Small and Middle Business Development Agency (KOBİA). So, the number of SMB entities who have obtained the "Startup" certificate became 139.

The "Startup" certificates have been presented for a project of "Yol Yoldashi" LLC on a mobile application for search of intercity transport, a project of "Prodigitrack" LLC on an online platform for the organization of procurement process, a project of Rafig Mirzayev on production of alternative protein and oil from agricultural and food waste, project of Aygun Aliyeva on manufacturing and sales of equipment for generation of water from atmosphere.

The “Startup” certificate releases the SMB entities of profit and income tax they earn from innovation activity for 3 years since the date of issue.

The micro and small entities whose projects are at a development stage are encouraged to apply to KOBİA for a "Startup" certificate. Application form and other required documents, as well as detailed information on relevant criteria, may be found at https://smb.gov.az/az/nav/startap-sehadetnamesi