SMB

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

First Meeting of the Permanent Coordination Group under KOBİA "KOB FEST" exhibition-sale fair held in Ganja 3 more SMBs Receive "Startup" Certification A new startup product has been developed for financiers in Azerbaijan AI-Based SMM Platform Initiative to Simplify SMB Operations – Customs activities at the "Baku SMB House" Memorandum on support of the transition to the "Green economy" The "KOB FEST" exhibition- sale fair is underway in Ganja Invitation to collaborate in exhibition-fair, and congress activities in the CIS Countries What services did entrepreneurs most frequently request at the “Baku House of SMEs”?

So far, about 90 SMBs awarded the "Start-up" certificate 09.02.23

The Small and Medium Business Development Agency (KOBİA) granted the "Start-up" certificate to 5 more SMBs. Consequently, the number of business entities that have been awarded the "Start-up" certificate has reached 86.

"Start-up" certificates were presented for "Allrent" LLC's house rental and "Incode" LLC's online platforms for party and wedding management, "AKIAB" LLC's online services and communication platform for business, "Legalaid" LLC's legal advice mobile application for services, "AvtomatikaAz" LLC`s software projects for deadweight tonnage scales.

It is worth highlighting that the "Start-up" certificate is given for the production of a competitive product or service based on an innovative initiative, produced for obtaining income or profit. This document exempts the SMB entity from the profit and income tax on the income obtained from the innovation activity for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are in the development stage are encouraged to apply to KOBİA in writing or electronically for a "Start-up" certificate. For application form and other necessary documents, as well as detailed information on the relevant criteria, please visit the link below:

https://smb.gov.az/az/nav/startap-sehadetnamesi