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!

SME cluster companies create new cooperation opportunities for entrepreneurs 28.07.26

By becoming a participant of an SME cluster company, entrepreneurs may obtain opportunities such as tax incentives, new cooperation and access to markets.

The SME cluster companies "Frutena", "Naturaoil" and "Healthtech Solutions", which have received the "SME Cluster Certificate", have already united around themselves more than 20 micro, small and medium business entities operating in various fields.

Activities aimed at attracting new participants to SME cluster companies are being continued. Specialised SME entities operating in the fields of production of apple and pomegranate products, plastics and raw-material products made from them, various types of packaging products, and laboratory quality-control services may apply to the relevant SME cluster company in order to become a participant of the SME cluster, and also to the Small and Medium Business Development Agency (KOBİA) for coordination support. Applications are accepted via the e-mail address of KOBİA info@smb.gov.az or through the official internet page (https://smb.gov.az/az/contact-form/aze-citizen).

SME entities that are legal entities and individual entrepreneurs, by becoming participants of the SME cluster, may benefit from the following advantages:

exemption for a period of 7 years from profit (income) tax in respect of the part of profit or income obtained from goods supplied on the basis of a contract concluded with the SME cluster company, which is directed to business development and spent on capital expenditures;

establishment of long-term cooperation relations by joining the production and supply chain of the SME cluster company;

expansion of new market opportunities for products and services;

increase of competitiveness;

improvement of the quality of products and services;

obtaining new opportunities for increasing sales and production volumes.