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 should entrepreneurs pay attention to when concluding a contract? 06.05.26

A contract is an important document in terms of the legal protection of an entrepreneur and business activity. Therefore, the contract must be drawn up in written form, precisely, and in accordance with the current legislation. The contract must clearly reflect the rights and obligations of the parties, payment procedures, execution conditions, and issues of liability. In addition, the contract must specify its term, conditions for termination, dispute resolution mechanism, as well as the procedure for making amendments and additions. Where necessary, confidentiality, intellectual property rights, force majeure events, penalties and sanctions, as well as applicable law and the details of the parties should also be included in the contract. These points help reduce the entrepreneur’s legal and financial risks.