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

Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities 08.05.25

Number of SMEs Granted “Startup” Certificates Reaches 210

At the latest meeting of the Expert Council established under the Small and Medium Business Development Agency (KOBIA) for issuing “Startup” certificates, seven applications submitted by SMEs were reviewed. As a result, four SMEs were granted “Startup” certificates. With this decision, the total number of SMEs awarded the certificate has reached 210.

“Startup” certificates were issued for the projects including, "Smart Soft and Services" LLC for its automated customer communication and marketing solutions platform integrated with WhatsApp, "Simic App" LLC for its AI-based platform tailored to businesses, "Mediatrends" LLC for its AI-driven media monitoring and analytics system, and "Builders and Realtors Unity" LLC for its international supply and networking platform.

The “Startup” certificate exempts certified SMEs from profit and income taxes on revenues derived from innovation activities for a period of three years, starting from the date the certificate is granted.

Micro and small business entities with projects in the development phase are eligible to apply for the “Startup” certificate through KOBIA. The application form, required documents, and detailed information about the relevant criteria can be accessed via the following link: https://smb.gov.az/en/nav/startup-certificate