After your residence permit application is approved you will get a residence card in 10 business days if you pay the regular fee of GEL 30 (USD 12). However, it is possible to speed up the process if you pay a fast-track service fee: GEL 40 (USD 16) - fifth business day GEL 50 (USD [...]
If the overstay is less than 3 months the amount of fine is GEL 180 (around $71). A longer overstay is punishable by a fine of GEL 360 (around $142).
No, currently there are no requirements of showing vaccination documents when entering Armenia.
Under the regulations of the Eurasian Economic Union you have to declare cash in excess of US$ 10,000. There are no restrictions on the amount you can bring to Armenia or take out of Armenia.
You can enter and exit the territory of Armenia for as long as you have a valid passport. There is no requirement that your passport be valid for a specific period of time. If you changed your passport after getting an Armenian visa you can still use that visa if you show to the border [...]
If there is no primary evidence, such as old government- or church-issued documents showing the Armenian origin, you may use secondary evidence, for example, statements by local Armenian community organizations or churches. Please contact us to discuss the particularities of your case.
Yes, before you file the citizenship application you will have to take a test on the knowledge of Armenian constitution. However, you are exempt from Armenian language requirements and, therefore, you can take the test in English or another language.
You can apply for citizenship after two years of being in a registered marriage. In addition you will have to satisfy one of the following criteria: You have a common child with your spouse and your child is an Armenian citizen, or You have resided in Armenia for at least 365 days over the last [...]
No, Armenia is not a member of EU or the Schengen area. At present Armenia is a member of the Eurasian Economic Union with Russia, Belarus, Kazakhstan and Kyrgyzstan.
No, you can apply for and collect your special passport through a lawyer or any other representative with a valid power of attorney.
Currently the official fee for issuing a special passport is 150,000 Armenian drams or around 310 US dollars. This fee is collected at the time the application is filed and is refunded if the application is denied.
You can apply for a special passport at the Immigration Office (Passport & Visa Department of the Police) in Yerevan, Armenia. You can also apply for a special passport through an Armenian embassy or consulate in your country.
The law requires the seller and the buyer to make payments in Armenian drams. In practice, payments in cash are normally made in U.S. dollars.
Normally a valid ID document (e.g. passport) will be sufficient. If you are married you may also need your marriage certificate.
Technically it is possible to complete all formalities in one day if you pay additional fees for fast-track service. Usually the legal formalities take about a week.
Yes, by law you have to register your address at the local police department within 15 days of getting the residence permit.
No, you can give a power of attorney to one of our lawyers or to any other person to file the application and to collect the residence permit.
The number of your passport is shown on your residence permit. If the passport expires or otherwise becomes invalid you need to apply for a replacement residence card that will be issued in a few days.
If a residence permit is lost or damaged the Immigration Office will issue a new one with the same validity period. It takes a few days to get a replacement card and official fees will be charged.
A residence permit is a separate document with a photo and is considered to be an identification document in Armenia.
The residence permit can be renewed for an indefinite number of times, provided that the legal basis for obtaining the permit is still existing (e.g. you are still doing business in Armenia or are still registered as student etc.). It is recommended to apply for extension at least 30 days before the expiration date of [...]
Normally, you do not need to take any tests. If you decide to enroll in an Armenian-language course you will need to take part in preparatory courses to learn the Armenian language.
No. Certain medical services, such as urgent medical assistance, are provided free of charge.
Yes, you can accept any employment if you have a residence permit in Armenia. You do not need a work permit. However, it may be difficult to find decent paying jobs in Armenia as the unemployment rate is quite high.
Tuition fees vary a lot and are normally in the range of $2,000-$4,000 per year. Public universities generally charge less that private ones.
A foreigner may apply for Armenian citizenship if he/she satisfies the following requirements: Has permanently resided in Armenia for the last three years Has a command of the Armenian language Is familiar with the Armenian Constitution Ethnic Armenians and spouses/parents of Armenian citizens are eligible for citizenship even if they do not satisfy these requirements. [...]
Special residence permits may be granted by the President of Armenia to individuals of Armenian descent and to foreigners involved in economic or cultural activities in Armenia.
Permanent residence permits are available for foreigners who fall under one of the following categories: Entrepreneur doing business in Armenia Ethnic Armenian Spouse/parent/child/sibling/grandparent/grandchild of an Armenian citizen or holder of a permanent residence permit with sufficient financial resources and housing, who has resided in Armenia for at least three years
You shall demonstrate that there are circumstances justifying you stay in Armenia for one year or longer. In particular, you shall fall under one of the following categories: Entrepreneur doing business in Armenia Employee Student Spouse/parent/child/sibling/grandparent/grandchild of an Armenian citizen or holder of a permanent residence permit Spouse/parent/child of a holder of a temporary residence permit Ethnic Armenian
No, you do not need a work permit to be employed or have your own business in Armenia.
You will be asked to leave the country and pay a fine of up to USD 209.
If you need an invitation letter to get a visa you may contact our law firm. In certain cases we may be able to issue an invitation letter for you.
If you do not qualify for visa-free or visa on arrival regime you can get a visa at any Armenian embassy. You can see the list of Armenian embassies above. For example, a citizen of Nigeria may choose get a visa at the Armenian embassy in Dubai, U.A.E., or Cairo, Egypt. A citizen of Pakistan may get a visa [...]
Normally Armenian embassies issue visas within 10 days. Visas on arrival (at the border/airport) are issued immediately.
It can take as little as 30 minutes. If the bank decides to do a background check the process can take 1-2 business days.
Yes. You can open as many accounts as you wish in local and foreign currencies (USD, EUR, CHF, GBP, CAD, AED, RUR, JPY).
Yes. Normally the bank withholds 10% of interest income as income tax.
No. Armenian banks generally do not ask for a proof of address.
Yes. Banks normally require you to disclose the identity of the ultimate beneficial owner (UBO).
No, you can open a bank account remotely. This is done by giving a power of attorney to your representative in Armenia or by communicating remotely with the bank (e.g. video-call). Please note that not all banks open accounts remotely. In certain cases banks may insist on your psychical presence.
By making a deposit with an Armenian bank you can earn as much as 13% for deposits in local currency and 6,5% for deposits in USD. Banks and other investment companies offer other liquid securities with higher yield.
It depends on who the shareholders/directors are and on whether you will register the company remotely or in person. Normally a valid passport is all that you need.
As a director or shareholder of an Armenian company you may qualify for a temporary or permanent residence permit. A work permit is not necessary.
It depends on the size of your business, the number of employees and other factors. For example, a service company with annual sales not exceeding around $240,000 will pay 5% tax on its sales.
No, you do not need to buy or rent any office. However, you will need a legal address, which can be provided by Vardanyan & Partners.
There is no general business license in Armenia. However, some business activities may be subject to licensing.
Contract-based partnerships do not require registration. According to the Civil Code such partnership exists where "two or more persons (the participants) undertake the duty to join their contributions and act jointly without formation of a legal person to acquire profit ..."
Nominal shareholders are allowed, and particulars of beneficial or nominal shareholders and directors are not part of public record. However, the articles of association as well as information on the CEO, local address and share capital are part of public record.
Companies registered in Armenia enjoy limited liability and are not liable for debts of their shareholders. Shareholders, in their turn, are not personally liable for the company, and the doctrine of corporate veil piercing is not applicable in Armenia even in the case of serious undercapitalization.
Once incorporated, a company shall maintain corporate books to record minutes of the shareholders' and directors' meetings. A shareholders' meeting must be held every year to approve the financial statements and decide on profit distribution, if any. Annual meetings can be anywhere in the world, and shareholders can be represented by proxies. A company must keep [...]
At formation a company must have at least one responsible director (executive officer), which can be a corporate entity. Normally Armenian companies choose a management structure where the company is managed solely by a CEO (or executive board) appointed by the shareholders.
Trade names are registered in Armenian language but it is lawful to use their translations into other languages. Corporations are required by law to use name endings stating the limited liability. Trade names shall not contain words like "bank" or "insurance," unless the corporation possesses a proper license. Words "Armenia" or "Armenian" can be used [...]
There are no minimum or maximum limits on the amount of share capital. Companies may issue shares of various classes: preferential or common, voting or non-voting. Bearer shares and no par value shares are not authorized. Share capital can be paid in Armenian currency or by transferring other non-cash assets. Joint-stock companies must in addition register their [...]
The law requires the registration to be completed within two working days if the founders use a standard package of founding documents. In practice this standard package is rarely used and it is better to count on 4 to 5 business days. Company formation costs vary and depend, among other things, on the complexity of the [...]
After the Registry completes the formal check of documents it will issue a certificate of incorporation at which point the company will be formed. A tax identification number will be issued simultaneously. If the company is taxable with VAT it has to register with tax authorities to obtain a VAT registration number. Armenia is party to [...]
There is no requirement that shareholders, managers or employees be Armenian citizens or residents and there is no restriction on local or foreign shareholding levels. Foreign shareholders and directors (except for the CEO) do not have to be registered with either the Registry or the tax authorities. The following information is required if the founders are [...]
Normally the following documents will have to be drafted and filed with the Registry: Application form; Shareholder agreement; Articles of association with information on the company's name, legal address, amount and allocation of share capital, management rules, etc. Information on the shareholders and the responsible director or executive officer (CEO). Generally there are no notarization [...]
A company is formed by filing articles of association with the State Registry, which is a special agency under the Ministry of Justice. Engaging in business activities without state registration can result in administrative or criminal liability. Since the “one-stop shop” was launched in 2011 businesses have been able to complete state registration, tax registration and trade name reservation [...]
All companies in Armenia must register with the State Registry, which is a special agency under the Ministry of Justice. The company formation and company structures are governed by the Civil Code of Armenia. Further entity-specific laws apply to limited liability companies and joint-stock companies (private or public). The Law on State Registration of Legal Entities and Individual Entrepreneurs governs [...]
ADR techniques, such as mediation and arbitration, are available in Armenia, although not commonly used. This may be because court proceedings in Armenia are, in general, much less costly than in developed countries. Practically all trademark disputes, except for criminal and administrative cases, can be arbitrated. Arbitration is usually based on an arbitration clause contained in [...]
The remedies available to a prevailing plaintiff can include monetary damages, injunction against future infringement, erasure of the infringing sign, seizure and destruction of the infringing goods, and publication of the judgment at the defendant’s expense. The court may also award reasonable attorney’s fees. Criminal remedies are typically pursued separately. Injunctive relief is available to [...]
In trademark infringement proceedings in Armenia numerous defenses are available, and depend on the specific facts in question. Generally they can be grouped into four categories. 1. Non-infringement The defendant may argue that no infringement took place, in particular: The sign complained of is not identical or similar to the plaintiff’s trademark; The goods/services on which [...]
There is only one avenue of appeal in civil actions (trademark infringement and dilution) in Armenia, namely from the court of general jurisdiction to the Court of Appeals, and thereafter to the Court of Cassation. Preliminary injunctions and other provisional remedies are not subject to appeal. The appeal shall be filed within one month of [...]
The trademark litigation costs in Armenia vary and depend, among other things, on the appointed counsel and the complexity of the case, i.e. the documentation needed, witness statements and expert opinions required, translation costs, marketing reports, market surveys, and whether the trademark owner seeks preliminary injunction or other provisional remedies. Overall, the costs of litigation [...]
All trademark infringement or dilution proceedings vary in length depending on the workload of the courts, the complexity of the facts and legal questions raised, the documentation needed, procedural difficulties, appeals, etc. On average it takes seven to nine months for a judgment to be issued, if no expert opinion is needed. The first hearing [...]
There is a general rule that the plaintiff needs to prove all facts that support his claim, whereas the defendant will have to prove all those facts that serve to defend his position. Accordingly, the plaintiff must prove that it is the rightful owner (or licensee) of a valid trademark. If the trademark is registered, [...]
Activities that take place outside the country of registration generally cannot support a charge of infringement or dilution. Thus, any infringement that takes place in a foreign country, even in a neighboring country, cannot be prevented on the basis of an Armenian trademark. Import and export of products (but not transit) to and from Armenia [...]
Trademark enforcement and infringement actions in Armenia must be initiated before the courts of general jurisdiction. There are no specialized courts or tribunals to hear such cases. Court proceedings are typically initiated by filing a written statement of claim with the court of general jurisdiction. The venue is determined by the place of residence of [...]
A trademark infringement action may be brought by the owner of (or applicant for) the infringed trademark. A licensee may bring an infringement action only if the trademark owner consents thereto unless the license agreement provides otherwise. Exclusive licensees are entitled to proceed independently if the trademark owner does not take action within a reasonable [...]
The owner of an Armenian registered trademark may apply to the Armenian State Revenue Committee to retain infringing goods at the Armenian border. A state fee of approximately $50 shall be paid together with the application. If goods are suspected of infringing trademark rights, the customs authorities shall suspend release of the goods or detain [...]
Security interests (collateral rights) over trademarks are recognized by Armenian law. The right conferred by a trademark (or trademark application) may be given as a security or may be levied in execution (art. 28 of the Law on Trademarks). Security interests must be contained in a written agreement signed by the parties and specifying the [...]
Trademark assignments are registered with the Armenian Intellectual Property Agency (AIPA). To register the assignment it is necessary to provide the AIPA with the assignment document which must be in writing and be signed by the assignor (previous owner) to be valid. No notarization or legalization is required. The document should state clearly who the [...]
The right conferred by the registration of or application for a trademark may be transferred or assigned to another person in respect of some or all of the goods or services for which the trademark is protected. Assignment of a trademark in Armenia shall be in writing and be registered with the Armenian Intellectual Property [...]
To be valid and enforceable against third parties a license agreement shall be recorded with the Armenian Intellectual Property Agency (AIPA). It is possible to specify in the recordal that the license is an exclusive, a sole, or a non-exclusive license, as well as to specify that the license is a partial one having effect [...]
A famous foreign trademark is not afforded protection if it has not been used domestically in Armenia. Such protection is only available where the foreign trademark has become well-known (widely recognized) among the relevant public in Armenia through its actual use. Furthermore, the law requires the Armenian Intellectual Property Agency (AIPA) to maintain a separate [...]
Registration confers on the owner the exclusive right to use the trademark, to dispose of it and to prevent others from using and registering an identical trademark or a confusingly similar trademark for identical or similar goods or services. The general rule is that only the filing of a trademark gives the owner trademark rights. [...]
Owners of a trademark may use the ® symbol to indicate that the mark concerned has been registered with the Armenian Intellectual Property Agency (AIPA) or to use the phrase “registered mark” (art. 12 of the Armenian Law on Trademarks). The benefit of using such a symbol is that it signals immediately that such trademark [...]
A trademark registered in Armenia remains in effect for 10 years starting with the date of filing the application. At the end of this period it may be renewed for further 10-year periods. In order to maintain the registration, official fees (currently around $300 for a trademark in one class) have to be paid to [...]
Once a trademark application is accepted, it is published online in the Official Journal (http://aipa.am/en/trademark-applications/) for a two-month opposition period. The most common ground for opposing a trademark is prior rights when the opponent owns an earlier mark that it considers the same as, or similar to, the applicant’s. The opposition may be based on [...]
If any objections are raised by the Armenian Intellectual Property Agency (AIPA) at examination stage, the applicant will have the opportunity to persuade the examiner that the objections are not valid. If the objections relate to the goods and services listed in the specification, the applicant will be given the chance to make amendments to [...]
Upon application the Armenian Intellectual Property Agency (AIPA) acknowledges receipt of the application detailing the trademark and the applicant’s name. Within one month following the application the AIPA examines the formalities (e.g. the correct classification). If no irregularities are found, the application will be published in the Official Journal for a two-month opposition period. The [...]
A trademark in Armenia typically costs about $500 for registration in one class of goods or services. This includes the official fees, as well as lawyers’ costs. Extra costs may arise for further classes or in the case of complications (objections, appeals etc.). Translation costs may be incurred in case of extended lists of products [...]
A trademark application filed with the Armenian Intellectual Property Agency (AIPA) usually takes about eight months to reach registration, provided no objections are encountered. If the AIPA or a third party raises any objections the registration will take longer, and possibly up to several years if parallel court proceedings are initiated. It should be noted [...]
The registration system in Armenia is based on an internationally agreed system of classes called the Nice International Classification System (45 classes, comprising 34 for goods and 11 for services). Each class has different sub-classes. The current version in English is available at the WIPO’s website, www.wipo.org Armenia has been a party to the Nice Agreement [...]
Starting from registration the trademark owner has a five-year grace period within which the trademark cannot be contested on the grounds of non-use. After that period anyone may file a cancellation action based on non-use. In such a case, maintenance of the trademark will depend on proof of use or justification of non-use. Furthermore, the [...]
It is possible to “claim priority” when filing a trademark application. This means that if an applicant files a trademark application in a country outside Armenia that is party to the Paris Convention or the World Trade Organization, priority can be claimed in a corresponding Armenian application, provided the Armenian application is filed within six [...]
Applications can be made either for trademarks that are already in use or for trademarks that are not yet in use. There is no need to submit any proof of use/intent of use of a trademark even upon renewal. There is an exception, however, where proof needs to be submitted to overcome absolute grounds for [...]
Trademark protection in Armenia is extended to any mark used to distinguish goods and services and that may be graphically presented. A trademark can, for example, consist of letters, numerals, words, including personal names and company names, building names, word combinations, slogans, logos, pictures, drawings, holograms, arrangement of colors, symbols, or combinations of one or [...]
Trademark registration is governed by the Trademark Law of 2010 which is available in English at http://aipa.am/en/laws/.
A trademark application shall be filed with the Armenian Intellectual Property Agency. It shall contain the following information: name and contact information for the applicant and its representative (if any); description of the trademark; the list of goods and services to be covered by the trademark. The above information shall be filled out in Armenian language. An [...]
Any natural and legal person may apply for and own trademarks in Armenia, including non for profit organizations. It is not required for natural persons to be registered as individual entrepreneurs. There are no Armenian residency or citizenship requirements for the applicants. Foreigners enjoy the same legal regime as Armenian residents subject to a reciprocity [...]