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

Can a company obtain a repeated “Startup” certificate for the same project? 17.03.26

A “Startup” certificate is issued only once for each project. However, a company may be issued “Startup” certificates for different ideas and projects.

It (should be ) is noted that micro and small business entities obtaining a “Startup” certificate are exempt, in accordance with the Tax Code of the Republic of Azerbaijan, from profit tax and income tax on income derived from innovation activities for a period of 3 years from the date of receipt of the certificate. The “Startup” certificate is issued for products and services based on innovative initiatives, competitive, in high market demand, and not identical to other startup products or services. Micro and small entrepreneurs may apply to the Small and Medium Business Development Agency for the issuance of a “Startup” certificate for their innovative projects.