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!

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.