Single register of micro, small and medium-sized businesses to be created

02.12.2022,16:42


December 2, Fineko/abc.az. Milli Majlis has endorsed in the 3rd reading of the Bill on Development of Micro, Small & Medium-sized Enterprises.

Under the draft, a permanent coordination group under the authorized body will be created to coordinate activity in development of micro, small and medium-sized businesses by a body defined by the relevant executive authority.

Besides, the authorized body creates a single register of micro, small and medium-sized businesses, in which relevant information about business entities is entered.

The procedure for maintaining the Single Register and the list of information to be included in this register are determined by the Regulation on the Single Register of Micro, Small & Medium-sized Businesses.