SMB

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

Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity Memorandum of Understanding on cooperation signed between KOBİA and the Turkish Trade Center SME cluster companies create new cooperation opportunities for entrepreneurs Business contracts Applications of entrepreneurs have been heard Interest in the "SME Volunteers" Programme continues to increase Training events are being conducted within the framework of the Business Partnership Programme 35 "Startup" Certificates have been issued during the elapsed period of the current year

How is the decision to issue a "Startup" certificate made? 25.07.24

According to the "Criteria for Determination of Startup" approved by decision of the Cabinet of Ministers dated January 29, 2021, applications submitted by SMBs for the issuance of the "Startup" certificate are reviewed by the Expert Council. The council is composed of representatives from state institutions involved in the development of the innovation ecosystem and independent experts. The Expert Council reviews applications submitted to the Small and Medium Business Development Agency (KOBIA) for the issuance of a "Startup" certificate within 30 working days. and a decision on whether to issue or deny the certificate is made based on the council's assessment. It worth noting that the "Startup" certificate is a document that exempts SMBs from profit and income tax on revenues generated from innovative activities for a period of 3 years from the date that they receive the certificate.