SMB

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

The role of SMBs in the Transition to the Green Economy Within the framework of COP29, a panel discussion was held on the topic “The Role of SMBs in the Green Economy” KOBİA and the "Invest Bulgaria" Agency to collaborate Within the framework of COP29, the documents for collaboration were signed to support the green transition of SMBs Representatives of the International Trade Centre (ITC) paid the visit to "Baku SMB House" A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway

Issuance of “Startup” certificates to SMBs to continue 08.07.21

The Small and Medium Business Development Agency (SMBDA) issued “Startup” certificates to 4 more business entities. These are “Algorithmic credit technologies” LLC, “Delivery Azerbaijan” LLC, individual entrepreneur Nazar Allahverdiyev, and “Amir Technical Services” LLC. The aforementioned SMBs are exempt from income tax and tax on income from the innovative activity for 3 years from the date of receiving the “Startup” certificate.

The innovative solutions of startups who have obtained the “Startup” certificate cover areas such as agricultural production units, financial technologies, logistics, and e-commerce.

Note that to date, SMBDA has issued “Startup” certificates to 7 micro and small businesses. Micro and small businesses wishing to receive a “Startup” certificate may find detailed information and data on projects certified on the SMBDA website www.smb.gov.az in the appropriate section.