SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

KOBİA continues to issue the Startup certificate 15.09.22

Nine further SMEs received the Startup certificate from the Small and Medium Business Development Agency (KOBİA). As a result, 58 SME entities have now been awarded the Startup certificate.

The Startup certificates were issued to the following projects: the non-cash reward payment system from SoftPress LLC, POS terminal software for restaurant and cafes from "Clopos" LLC, Online Accounting Program from E-Sayar CJSC, Electronic platform of "Travel Group" LLC providing online travel, business trip and study visa services, organization of cloud services of "YER xSP" LLC, "Satelyzer" LLC's satellite data services for agriculture, the online tool by Ilgar Mammadov to identify plagiarism in Azerbaijani, practical task-based online education and experience platform by Nariman Karakhani, production of electronic interfaces and integrated circuits in the agricultural sector by "Edtesk" LLC.

The Startup certificate exempts SME businesses from profit and income tax on their revenue from innovative operations for a period of three years after the date of receipt of the certificate.

For a Startup certificate, micro and small business enterprises may apply to KOBİA with ideas that are still in the planning stages. The following link provides comprehensive information on the applicable criteria, the application form, and other required documents: https://smb.gov.az/az/nav/startap-sehadetnamesi