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!

Is audit mandatory for micro, small and medium-sized entrepreneurs? 12.05.26

Audit — the process of accurate and honest accounting of an enterprise and the examination of financial statements by an independent auditor, as well as the issuance of an opinion. Audit increases financial transparency and strengthens reliability for investors and partners. According to the legislation of the Republic of Azerbaijan, micro and small business entities are exempt from mandatory audit. Enterprises that do not fall under the micro and small category, including some limited liability companies and joint-stock companies, are required to engage an independent auditor in order to verify the accuracy of their annual financial statements. Failure to comply with mandatory audit requirements in cases provided for by law entails administrative liability.