SMB

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

The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

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.