SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

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.