SMB

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

A meeting with entrepreneurs was held in Quba "SMB FEST" exhibition-sale fair is underway in Khachmaz What should green business be like? The next "Investment journey" event was held in the Zagatala Cooperation opportunities with the business circles of Oman and Qatar put on the table A roundtable was conducted in Doha with the participation of Azerbaijani and Qatari businesspeople Webinar has been arranged for SMBs seeking to present their projects for the 6th grant competition SMB products and services at the “Rebuild Karabakh” exhibition Attention, SMBs interested in the 6th grant competition details! KOBİA attended INSME Annual Meeting

What are the eligibility criteria to classify entrepreneurs as micro, small, medium, or large? 17.07.24

According to the Decree of the Council of Ministers of the Republic of Azerbaijan dated December 21, 2018, on "New Criteria for the Classification of Micro, Small, Medium, and Large Enterprises, " entrepreneurs are classified into micro, small, medium, and large enterprises based on the average number of employees and annual income. The classification of SME is determined by the highest of these criteria. For example, if a business entity has 5 employees and an annual revenue of 250 000 manat. Here, the number of employees corresponds to a micro-enterprise, while the annual revenue corresponds to a small enterprise. In this case, the primary criterion is annual income, and the enterprise is considered a small enterprise.