SMB

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

Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity Memorandum of Understanding on cooperation signed between KOBİA and the Turkish Trade Center SME cluster companies create new cooperation opportunities for entrepreneurs Business contracts Applications of entrepreneurs have been heard Interest in the "SME Volunteers" Programme continues to increase Training events are being conducted within the framework of the Business Partnership Programme 35 "Startup" Certificates have been issued during the elapsed period of the current year

Business contracts 28.07.26

A contract is an important document for the legal protection of business. Therefore, the contract must be drawn up in written form, clearly and in accordance with the legislation in force. The following must necessarily be indicated in the contract:

- Rights and obligations of the parties

- Payment procedures

- Execution conditions and issues of liability

Along with this, the term of the contract, conditions for termination and the dispute resolution mechanism must also be reflected in the contract. When necessary, confidentiality provisions, force majeure circumstances, fines and sanctions, as well as the requisites of the parties, must also be added to the contract. These provisions help to reduce the legal and financial risks of the entrepreneur.