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

Two more entrepreneurs received “Startup” certificates 16.12.21

The Small and Medium Business Development Agency (SMBDA) has issued “Startup” certificates to two more SMBs. Thus, the number of SMBs who received the “Startup” certificate reached 27.

The “Startup certificate” was issued for the online self-development and education platform of “Safavy” LLC (www.safavy.org) and the online business management platform of “Fogito” LLC (www.fogito.com).

The “Startup” certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the date of receiving the certificate.

Micro and small businesses, whose projects are under development, can apply for a “Startup” certificate to SMBDA. For more information on the application form, required documents, and the relevant criteria for obtaining a “Startup” certificate: https://smb.gov.az/en/nav/startap-sehadetnamesi