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

The first Startup certificates of 2022 were presented to entrepreneurs 18.01.22

The Small and Medium Business Development Agency (SMBDA) has issued Startup certificates to 5 more SMEs. Thus, the number of SME entities that have received a Startup certificate has reached 32.

Startup Certificates were presented to Pickpoint LLC's online platform for automating the parcel delivery process (www.poste.az), Smor LLC's marketplaces for the sale of auto parts (www.smor.az), Maestro Company Limited LLC web platform for household services (www.izzidone.com), web platform for online contracting of Documood LLC (www.documood.az) and marketplaces for digital products (games) of Pay2play LLC (www.pay2play.az) projects.

The Startup Certificate exempts SMEs from profit and income tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small businesses can apply to SMBDA for a Startup Certificate. Detailed information on the application form and other necessary documents for the application, as well as the relevant criteria can be found on the website of SMBDA: https://smb.gov.az/en/nav/startap-sehadetnamesi