SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

The “Startup Certificate” was issued to another 10 SME entities 08.06.26

The number of micro and small entrepreneurs exempted from profit tax or income tax on income obtained from innovation activity has reached 282.

For obtaining the “Startup Certificate”, 14 more applications from SME entities were submitted to the Small and Medium Business Development Agency (KOBİA). The applications were considered at the meeting of the Expert Council on the issuance of the “Startup Certificate”, and a decision was made to issue the relevant document to 10 of them. Thus, the number of SME entities that have obtained the “Startup Certificate” has reached 282.

The “Startup Certificates” were issued for the projects of “İshhesabı” LLC — cloud-based ERP platform, “Bonfi” LLC — digital privileges solution, “Qalan” LLC — mathematics-oriented online education platform for school students, “Splus az” LLC — smart building management and resident services platform, “Vexvon” LLC — AI-based customer communication and sales automation platform, “Anacan” LLC — digital guide for women, “Chevvick Solutions” LLC — mobile payment platform, “Too Far Logistics and Consulting” LLC — platform for electronic management, signing and archiving of contractual relations between commercial organizations, “S2 Studio” LLC — mobile restaurant reservation platform, “Viralix” LLC — AI-based digital marketing, design and advertising management platform.

The “Startup Certificate” exempts SME entities from profit tax and income tax on income obtained from innovation activity for a period of 3 years from the date of obtaining the certificate.

Micro and small entrepreneurship entities whose projects are in the development stage may apply to KOBİA for the “Startup Certificate”. The application form and other required documents, as well as detailed information on the criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi