SMB

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

A survey is conducted among foreign trade participants Awareness-raising event organized by the Electronic Security Service at KOBİA To the attention of entrepreneurs wishing to benefit from opportunities of SMB Model Enterprise! A meeting was held between KOBİA and Sumgait State University Follow-up meeting of the working group “Corporate Governance, Investments and Corporate Social Responsibility” was held A meeting was held between KOBİA and MUSAID representatives Citizen reception organized at KOBİA Another 4 micro-entrepreneurs were awarded with a "Startup" certificate B2B meetings were held between businessmen of Azerbaijan and Turkiye Representatives of the Entrepreneurship Development Fund (Damu) of Kazakhstan got familiar with KOBİA’s experience

The number of entrepreneurs who have received the “Startup” certificate has reached 25 26.11.21

The Small and Medium Business Development Agency (SMBDA) has issued “Startup” certificates to 6 more SMBs. Thus, the number of SMBs who have received the “Startup” certificate has reached 25.

“Startup” certificates have been issued for the production and sale of automated concession stands of “Buta Vending” LLC, “www.azdo.az” platform for “Cusperco” LLC service providers, “www.payriff.com” payment aggregator for “Payriff” LLC’s online trade, software for healthcare institutions by individual entrepreneur Aliagha Aghayev, platform “www.oxuyan.az” for the arrangement of online exams of “Oxuyan” LLC, and cloud-type software for the arrangement of e-management in business entities, created by individual entrepreneur Farid Farmanov for “www.bein.az” project.

The startup certificate exempts SMBs from paying profit tax and the tax for income from innovation activities for 3 years from the date of receipt of the certificate.

The Startup certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the certificate obtaining date.

Micro and small enterprises, projects of which are in the development stage, can apply to SMBDA for a “Startup” certificate. Detailed information on the application form and other required documents, as well as the appropriate criteria, can be found at https://smb.gov.az/en/nav/startap-sehadetnamesi