SMB

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

The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

What legal forms of entrepreneurship exist? 08.05.26

Before starting their activity, entrepreneurs must choose the legal form of their business. Thus, any person may start a business either by registering for tax purposes as an individual entrepreneur or by establishing a legal entity. As an individual entrepreneur, you manage the business under your own name and all responsibility lies personally with you. Therefore, you bear risk with your own property. When establishing a legal entity, you determine the scope of your liability and your participation share in the legal entity in accordance with the chosen organizational and legal form. In the form of a limited liability company, which is the most commonly used form, your risk is limited to the share you have contributed to the authorized capital. In addition, other organizational.