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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
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