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Home»STARTUP»Azerbaijan points startup certificates to extra SMEs
STARTUP

Azerbaijan points startup certificates to extra SMEs

Mirza ShehnazBy Mirza ShehnazFebruary 9, 2023Updated:February 9, 2023No Comments1 Min Read
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BAKU, Azerbaijan, February 9.
Azerbaijani Small and Medium Business Development Agency (SMBDA)
beneath the Ministry of Economy issued start-up certificates to 5
extra SMEs (small and medium-sized enterprises), Trend studies by way of the
company.

According to the SMBDA, the variety of SMEs in
Azerbaijan that obtained startup certificates has reached 86.

The certificates had been issued to:

– Allrent LLC (on-line platform for home
rental)

– Incode LLC (on-line platform for group of
celebrations and weddings),

– AKIAB LLC (on-line service and communication
platform for enterprise),

– Legalaid LLC (cellular utility for authorized
consulting companies),

– Automatikaaz LLC (software program for large-tonnage
scales).

A startup certificates exempts SMEs from paying earnings
tax and tax on earnings from innovation actions for a interval of
three years from the date of its receipt.

The micro and small-sized enterprises, the initiatives of
that are beneath growth, ought to apply to the company for
acquiring the startup certificates.

The utility type and different obligatory paperwork can
be discovered on the following hyperlink:https://smb.gov.az/az/nav/startap-sehadetnamesi

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Mirza Shehnaz

Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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