So far, 188 micro and small businesses have benefited from tax breaks by receiving a “Startup” certificate.
The Small and Medium Business Development Agency (SMEDA) has issued “Startup” certificates to another 6 SME entities. With this, the number of SME entities that have received “Startup” certificates has reached 188.
“Startup” certificates were presented for the projects of “Sampler” LLC’s online marketing platform for companies to deliver free product samples to potential buyers, “Professor Rahimov Academic Medical Center” LLC’s software for organizing and managing the work of medical institutions in accordance with environmental standards, self-service kiosks for storing hand luggage of individual entrepreneur Aytac Mutallimova, “Vita Travel” LLC’s online platform for booking sanatoriums and health hotels, “Suber” LLC’s mobile application for ordering drinking water, and “Buylink” LLC’s marketing application for digital recommendation programs.
The “Startup” certificate exempts SMEs from profit and income tax on income they receive from innovation activities for a period of 3 years from the date of receiving the certificate.
Micro and small businesses whose projects are in the development stage can apply to the SME Agency for a “Startup” certificate. The application form and other required documents, as well as detailed information on the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi
