SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

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