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

Entrepreneurs received "Startup" certificates 17.08.21

Three more business entities received “Startup” certificates. These are the “Orangeline” app for the arrangement and management of Kibrit.Tech LLC’s call center activities, the “www.insure.az” project providing insurance services of Profam LLC on a single platform, and Unibroad LLC’s self-named online resource for those wishing to get education abroad.

These SMBs will be exempt from income tax and tax on income from relevant projects for 3 years from the date of receiving the “Startup” certificate.

Note that micro and small businesses may apply for a “Startup” certificate to the Small and Medium Business Development Agency (SMBDA). So far, SMBDA has issued “Startup” certificates to 10 micro and small businesses. For detailed information on the criteria for obtaining a “Startup” certificate, application form, and other necessary documents, pass by the link: https://smb.gov.az/en/nav/startap-sehadetnamesi