Azerbaijan Issues Startup Certificates To Five More Smes
Date
4/10/2023 9:15:24 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 10. Azerbaijani Small and Medium Business Development Agency (SMBDA)
under the Ministry of Economy issued start-up certificates to five
more SMEs (small and medium-sized enterprises), trend reports.
The number of SMEs in Azerbaijan that received startup
certificates has reached 91.
The certificates were issued to:
- Blink-BI LLC (Blink Business Intelligence
enterprise resource planning software
- ND Opinions LLC (Autoreport database for second
generation cars)
- Frisaga LLC (online platform for those who offer
services in the field of tourism and travel)
- BlackOne LLC (online platform for products and
services)
- BJ Technology (projects for the production and
sale of HPLC columns used in laboratories)
A startup certificate exempts SMEs from paying income
tax and tax on income from innovation activities for a period of
three years from the date of its receipt.
The micro and small-sized enterprises, the projects of
which are under development, may apply to the agency for obtaining
the startup certificates.
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