The "Startup" certificate exempts SMEs from profit and income tax on the income they receive from innovation activities for a period of 3 years.
The Small and Medium Business Development Agency (SMB) awarded the "Startup" certificate to 4 more SMEs. With this, the number of SMEs that received the "Startup" certificate reached 139.
"Startup" certificates: mobile application for intercity transport search of "Yol gezhali" LLC, "Prodigitrack" LLC's online platform for organizing the purchase process, Rafig Mirzayev's production of alternative protein and oil from agricultural and food waste, Aygun Aliyeva's generation of water from the atmosphere presented for projects of production and sale of equipment.
The "Startup" certificate exempts SME entities from profit and income tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.
Micro and small business entities whose projects are in the development stage can apply to KOBIA for a "Startup" certificate. The application form and other necessary documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi
