SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

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