Two more entrepreneurs received “Startup” certificates

The Small and Medium Business Development Agency (SMBDA) has issued “Startup” certificates to two more SMBs. Thus, the number of SMBs who received the “Startup” certificate reached 27.

The “Startup certificate” was issued for the online self-development and education platform of “Safavy” LLC (www.safavy.org) and the online business management platform of “Fogito” LLC (www.fogito.com).

The “Startup” certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the date of receiving the certificate.

Micro and small businesses, whose projects are under development, can apply for a “Startup” certificate to SMBDA. For more information on the application form, required documents, and the relevant criteria for obtaining a “Startup” certificate: https://smb.gov.az/en/nav/startap-sehadetnamesi

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