SMB

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

Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities Azerbaijan–Vietnam Business Council to Be Established Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility

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