SMB

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

A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway Meetings with entrepreneurs were held in Jalilabad and Goychay This year, entrepreneurs and individuals seeking to start business for the development of 220 business plans were supported A meeting with entrepreneurs was held in Quba "SMB FEST" exhibition-sale fair is underway in Khachmaz What should green business be like?

Who is eligible for the "Startup " Certificate? 11.07.24

According to the criteria for classifying business entities approved by the Cabinet of Ministers' decree of December 21, 2018, the "Startup"certificate is issued to legal entities and individual entrepreneurs who are micro or small enterprises.

If the applicant is not a micro or small enterprise but is a founder of a medium or large enterprise owning more than 49% of the shares of the legal entity, or if the applicant is not recognized as a tax resident, the Small and Medium Business Development Agency (KOBİA) may decide to deny the issuance of the "Startup " certificate.

It is worth noting that the "Startup" certificate applies exemption for micro and small enterprises engaged in innovative activities from paying income tax and profit tax for three years.