SMB

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

Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies The Promotional Exhibition of Local Companies is Commencing Meeting was held with Entreprenuers engaed in import and export 8th Plenary Session of the CICA Business Council and the 10th Business Forum Held in Baku Attention to SMEs Wishing to Showcase Their Products and Services at the “2nd Turkic Trade Fair”! Young Entrepreneurs from Azerbaijan and Turkiye Discuss Prospects for Cooperation With Government Support, Nearly 10 Entrepreneurs Participate in “Caspian Agro” and “InterFood Azerbaijan” Exhibitions Another Training Held for Entrepreneurs Engaged in Export Activities

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.