SMB

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

The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

Impact of coronavirus discussed on private preschool education, training courses, sports and health sectors 29.03.20

Discussions carried on with entrepreneurs operating in private preschools, language and training courses, sports and health sectors to study the impact of the coronavirus (COVID-19) pandemic on these areas.

Discussions held by the Ministry of Economy were attended by the Ministries of Taxes, Labor and Social Protection of Population, Small and Medium Business Development Agency (SMBDA), National Confederation of Entrepreneurs (Employers). The parties highlighted that entrepreneurs operating in these fields were likewise affected by the negative impacts because of the introduction of a strict regime and social isolation of the population, and examined the ways to minimize these impacts.

Entrepreneurs were informed about the undertaken actions and planned measures in this area. It was mentioned that proposals would be discussed in the Working Group established to assess the impact of the coronavirus pandemic on the economy of the Republic of Azerbaijan.

The discussions highlighted the importance of increasing social responsibility for the private sector in the current situation once again and recommended to prevent layoffs and employee cutbacks.