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!

Discussions held with entrepreneurs operating in the public catering sector 26.03.20

Discussions were held to examine the impact of the coronavirus (COVID-19) pandemic on entrepreneurs operating in the public catering sector.

Discussions were attended by the representatives of the Ministries of Economy, Taxes, Labor and Social Protection of Population, Small and Medium Business Development Agency (SMBDA), National Confederation of Entrepreneurs (Employers). The entrepreneurs made proposals, and noted the coronavirus infection affected various sectors of the economy, including the public catering sector and also discussed the ways to minimize its impact.

It was highlighted that the government of Azerbaijan has always been along with entrepreneurs and will support them in these difficult times. Entrepreneurs were informed about the measures undertaken by the Government of Azerbaijan to minimize the impact of coronavirus infection on the business environment and economic activity. It was noted that the Working Group established to assess the impact of the coronavirus pandemic on the Azerbaijani economy, is currently preparing mechanisms to support entrepreneurs and employers, and relevant proposals to ensure sustainable economic growth.

The measures are being taken to eliminate the negative economic impacts on the public-private sector partnership. Sharing the social responsibility of the private sector is a must, and measures are being identified to support entrepreneurs in this area. In this regard, entrepreneurs are recommended to avoid layoffs, employee cutbacks, and urged to show corporate responsibility and social solidarity.