Cities and districts with largest rate of individual entrepreneurs

As of 1 April the number of individual entrepreneurs registered to engage in entrepreneurial activity without forming a legal entity exceeded 1 million

2,714 commercial organizations passed state registration for past 3 months

In the 1st quarter of this year 2,714 commercial organizations passed state registration

There are 195 Azerbaijani enterprises operating in Uzbekistan

Despite the pandemic, in 2020, the mutual trade turnover between Azerbaijan and Uzbekistan increased by 13% up to $80 million

Financial support provided to entrepreneurs affected by pandemic

Ukraine’s business offer for Azerbaijani entrepreneurs

Co-chair of the Azerbaijan-Ukraine Intergovernmental Economic Cooperation Commission, Energy Minister Parviz Shahbazov met with the Ukrainian delegation led by co-chair and Infrastructure Minister Vladislav Krikli

Tourism clusters to be created in Mingachevir

Economy Minister Mikayil Jabbarov discussed the development of small and medium-sized businesses in Yevlakh, attraction of local resources to active turnover, creation of the Yevlakh pilot agricultural park, and the participation of small and medium-sized businesses in this sphere

Net profit of this company decreased

The net profit of Məişət Maye Qaz CJSC, engaged in transportation and distribution of liquid gas in Azerbaijan, has decreased

A company created last month liquidated

The company, registered last month, announced its liquidation at a meeting

KOB Yevlakh House launches its activity

Today, the KOB House of the Agency for Small & Medium-sized Businesses under the Ministry of Economy has started its activities in the city of Yevlakh

Twitter intends to buy Clubhouse

The richest people live in the U.S. - List

After research conducted in the U.S., it became known that the period of the pandemic was useful for billionaires

Elon Musk earned $6 bn in a day due to growth in cost of shares

The fortune of the founder of SpaceX and Tesla, Elon Musk, has grown

Now entrepreneurs in these districts to receive licenses without hindrance

Business entities operating in Guba-Khachmaz economic district can apply to Khachmaz House KOB for licenses issued by the Ministry of Economy in various fields of activity

Another company has passed state registration

Another company has been registered in Azerbaijan.

Turnover of public catering has decreased over past 2 months

Over Jan-Feb of this year the turnover of public catering amounted to AZN 78.1 million (2.9-fold less versus Jan-Feb 2020)

Economy Minister: Startups not to pay income tax

An innovation related to startups will be introduced in Azerbaijan.

Elon Musk earned $25 bn in one day

The fortune of Elon Musk, who owns shares in SpaceX and Tesla, jumped by $25 bn in a day — a record increase in one day

Moratorium on inspection of business entities extended

KOBIA signs a contract to explore these spheres

The Agency for the Development of Small & Medium-sized Businesses will conduct a study of the domestic market in the fish production and construction sectors

A trade mission from Russia to Azerbaijan is expected

An online business mission of enterprises of the Bryansk Oblast to Azerbaijan will be held from 5 to 25 March

Statement about most common problem faced by entrepreneurs

Entrepreneurs are more often faced with the problem of access to financial resources