SMB

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

Another Training Held for Entrepreneurs Engaged in Export Activities 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

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