SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced 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 HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

Informative webinar to be held on new opportunities for startups 05.05.21

An informative webinar on New Opportunities for Startups will be arranged for micro, small and medium businesses in connection with the new support mechanisms for startups, including the Startup Certificate.

During the webinar on New Opportunities for Startups to be arranged at 11:00 am on May 7 by the Small and Medium Business Development Agency, the information will be provided on new mechanisms for financial support for startups, the benefits of the Startup Certificate, the applying procedure and the necessary documents, and the SMBs’ questions will be answered.

SMBs can participate in the webinar by registering on the link:

https://zoom.us/webinar/register/WN_6jLmAUoVQO2FMUx6LFiJfA

It should be noted that SMBDA continues to accept applications for a Startup Certificate from SMBs. According to the Tax Code of the Republic of Azerbaijan, entrepreneurs engaged in micro and small businesses are exempt from income tax and tax on income from innovation activity for 3 years from the date of receiving the Startup Certificate. SMBs wishing to obtain a Startup Certificate may contact the Agency with appropriate applications and documents directly (134, Ataturk Avenue, Baku, AZ1069) or electronically (info@smb.gov.az). The appropriate application form and information on other required documents are posted on the official ARMSB website https://bit.ly/3dETJqw.