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Updated Real Estate Prices in Yerevan and Retirement Opportunities in Armenia
Reach Out to UsAddress4/3 Pirumyanner, 4th Floor, Suite 12 , Yerevan, 0054, [email protected]+37499001167Updated Real Estate Prices in Yerevan and Retirement[...]
Opening an Armenian LLC with a Payoneer Account
Reach Out to UsAddress4/3 Pirumyanner, 4th Floor, Suite 12 , Yerevan, 0054, [email protected]+37499001167​Opening an Armenian LLC with a Payoneer AccountWhy[...]
Armenia 2024 Tax Guide: Key Updates for Businesses and Individuals
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramArmenia 2024 Tax Guide: Key Updates for Businesses and Individuals‍Introduction[...]
Exploring Diverse Pathways to Armenian Citizenship
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Exploring Diverse Pathways to Armenian Citizenship Introduction to Armenian[...]
Unlocking a Spectrum of Opportunities: The Advantages of Special Passport in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Unlocking a Spectrum of Opportunities: The Advantages of Special[...]
Exploring Pathways to Special Residency in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramExploring Pathways to Special Residency in Armenia‍Introduction to Special Residency[...]
Navigating Armenia’s Entrepreneurial Ecosystem for Maximum Benefits
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramNavigating Armenia's Entrepreneurial Ecosystem and Its BenefitsArmenia is a country[...]
Legal Tips for Digital Nomads: What Work Permits Digital Nomads Need in Armenia?
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Legal Tips for Digital Nomads: What Work Permits Digital[...]
Breaking Down the Requirements: What EAEU Citizens Need to Know About Obtaining a Certificate of Legality of Stay based on Employment in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramBreaking Down the Requirements: What EAEU Citizens Need to Know[...]
Unraveling the Many Facets of Armenia’s Vibrant Lifestyle
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramUnraveling the Many Facets of Armenia's Vibrant LifestyleArmenia, with its[...]
Exploring the Benefits and Opportunities of Free Economic Zones in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Exploring the Benefits and Opportunities of Free Economic Zones[...]
Exploring Residency Opportunities for Digital Nomads in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramExploring Residency Opportunities for Digital Nomads in ArmeniaWith the freedom[...]
Your Ultimate Checklist for Obtaining an Entry Visa for Foreigners in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Your Ultimate Checklist for Obtaining an Entry Visa for[...]
Building a Bright Future: How Business Setup in Armenia Can Lead to Residency
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Building a Bright Future: How Business Setup in Armenia[...]
The Ultimate Guide to Tax Residency in Armenia for Digital Nomads
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram The Ultimate Guide to Tax Residency in Armenia for[...]
Investing in Armenia for Residency: A Comprehensive Guide to the Process
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Investing in Armenia for Residency: A Comprehensive Guide to[...]
A Digital Nomad’s Guide to Renting an Apartment in Armenia: How to Protect Yourself from Fraud?
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram A Digital Nomad's Guide to Renting an Apartment in[...]
Discover Paths to Residency in Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | Telegram Discover Paths to Residency in Armenia: A Comprehensive Guide[...]
How to Secure Your Residency in Armenia through Investment: A Comprehensive Guide
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramHow to Secure Your Residency in Armenia through Investment: A[...]
Navigating the Digital Nomad Visa Process: How to Become a Resident of Armenia
[email protected] | +374.99.00.11.67 | WhatsApp | Skype | Viber | TelegramNavigating the Digital Nomad Visa Process: How to Become a[...]
The Time Taken to Get Armenian Citizenship may be Cut in Half
Armenia's Ministry of Justice is considering cutting the time required to get Armenian citizenship from 6 months to 3 months.[...]
Armenian Government to Develop Space Activities with Tax Benefits
Hakob Arshakyan, High-Tech Industry Minister of Armenia, remarked that there is a need to regulate and promote space activities in[...]
Shops Outside of Yerevan to be Free from Paying Taxes
The new implemented amendments refer to Armenia business sector outside of Yerevan, the capital of Armenia. According to the new[...]
Opening Serbian Embassy in Armenia and Exempting Armenian Citizens from Visa
Armenian citizens will be exempted from entry visas to Serbia. In addition, the Serbian government approved the decision to open[...]
Georgian Consulate opens in Sao Paulo, Brazil
The Ambassador of Georgia to Brazil, David Solomonia, opened a Georgian consulate in the Brazilian city of Sao Paulo on[...]
Redco and the Bank of Georgia’s Joint Offer in the Networks of Gudauri Apart-hotels
The Real Estate Development Company Redco and the Bank of Georgia announced a joint operation relating to Georgia real estate.[...]
Georgia Ranks 7th in World Bank’s Ease of Doing Business 2020
The Ease of Doing Business rating, being published by the World Bank since 2003, ranked Georgia 7th in regards of[...]
Labor Safety Law Changes in Georgia
On September 1, 2019, the compressed law regarding Labor Safety in Georgia got into force. The law refers not only[...]
Startup Hub by Digitain to be Launched in Yerevan
WCIT2019 tech conference taken place in Yerevan, Armenia brought many developments to the country. Digitain, a gaming software company, is[...]
Developing Armenia-India Business Ties
2019 is going to be distinctive due to developing business relations between Armenia and India.On the one hand, Armen Sarkissian,[...]
Minimum Wage in Armenia to be Increased
Assuring that the members of the parliament would not benefit from the passed amendment themselves, Armenia's Parliament voted for the[...]
Syrian, Lebanese, Iraqi Citizens to be Able to Obtain Armenian Passports from Their Countries
It has become a challenging task to come to Armenia and get Armenian passport for Lebanese, Syrian, and Iraqi nationals[...]
No Estimated Dates on the Visa Liberalization for Armenia with EU States
Picture from schengenvisainfo.com The Foreign Ministry of Armenia formed an inter-department delegation under the head of Deputy Chief of Police[...]
Jan-June 2019: Armenia Hosts 12.3% More Tourists than a Year Earlier
Picture from dreamview.net According to the National Statistical Committee of Armenia, the country hosted 770,055 tourists during the period of[...]
Armenia and Kyrgyzstan to Exclude Double Taxation
Picture from CCIS-Expertise Tigran Khachatryan, Armenia's Minister of Economy and his Kyrgyz counterpart, Sanjar Muakanbetov signed the "Agreement on Excluding[...]
Armenia Attracts IT Experts with Its Tax Privileges for Startups
Picture from NICEPNG The new law regarding IT tax privileges in Armenia has given new opportunities for startups, and approximately[...]
Foreign Citizens Performed 10.9% of the Total of Real Estate Transactions in Armenia in 2018
A Grant Thornton’s recent analysis (read the full publication here) of the real estate market in Armenia was released in[...]
17% More Tourist Spending in Armenia
Picture from Photodune According to Nikol Pashinyan, Armenia’s Prime Minister, in the first quarter of 2019, the spending of the[...]
Global Innovation Index: Armenia is 64th; Georgia is 48th
Picture from Pro Bono Australia In the Global Innovation Index ranking for 2019 released by the World Intellectual Property Organization[...]
Georgia-Nepal: Visa Regime for Diplomatic, Service Passport Holders to be Abolished
Picture from Crossed Flag Pins According to the Georgian Public Broadcaster, visa travel for diplomatic and service passport holders will[...]
24.3% Growth in Real Estate Transactions in Armenia
Picture from danspapers.com 46,789 transactions for state registration of the right to the immovable property took place in Armenia in[...]
14.4% More Tourists Visiting Armenia (H1 of 2019)
Picture from yerevan.am Some developments are noticed in Armenian tourism industry. Nikol Pashinyan, Armenian Prime Minister, announced that the number[...]
Armenia-China Relations: Mutual Visa Requirements to be Lifted
Picture from armedia.am Armenia-China Relations are improving. During the Cabinet meeting on July 11, 2019, the Armenian Government approved the[...]
Armenia: Heading Europe’s GDP Growth Rate and Having 2.5% Inflation in Its Consumer Market.
In the first half of 2019, some significant changes were reported in the Armenian economy. The GDP growth rate of[...]
Huge Growth in Tourism and Wine Industries in Georgia
Picture from Georgian Holidays The Georgian National Tourism Administration has reported that Georgia saw an 8.4 per cent increase in[...]
More US Citizens Seek Armenian Citizenship after 2018 Revolution
Voice of America reported that the number of US citizens who have Armenian origins and who seek to obtain Armenian[...]
25 Companies Pledging a Total of $254 Million Investments Have Been Provided by Tax Benefits in Armenia
Nikol Pashinyan, the Prime Minister of Armenia, reported during a government meeting that it has been since the beginning of[...]
Invest in Tbilisi: Georgia is among the Most Dynamic Investment Destinations
Georgia has relatively good economic stability, rating, and high quality of business regulations. These are measures that have been taken[...]
Minimum Salary to be Increased by 23.6% in Armenia
The Armenian government supported the lawmakers’ proposal on the rise of the minimum salary in Armenia from the present AMD[...]
Armenia to Have 4.6%-6.1% Economic Growth
Based on the Central Bank of Armenia (CBA) annual Inflation report, Artur Javadyan, the Chairman of the CBA, stated that[...]
Armenia Ranked 84th in Passport Index
Henley Passport Index ranked Armenian passport 84th in the third quarter of 2019. Citizens of Armenia currently can visit 60[...]
Personal Income Tax Rates to Be Cut from 2020
Tax Rates Armenia will switch to a flat income tax rate starting from January 1, 2020. The adoption of the[...]
Armenia to Sign Double Tax Treaties with Singapore and Malta, Mutual Investment Treaty with Korea
Picture from Texas ProtaxAccording to Arman Poghosyan, Deputy Minister of Finance of Armenia, an agreement eliminating double taxation between the[...]
Residence Status Fees Lowered for U.S. Nationals
On March 29, 2019, the Armenian Government (Cabinet of Ministers) resolved to reduce the government fees for temporary (one-year) and[...]
Introduction to Armenia’s IT Sector & Seaside Startup Summit
Armenia’s tech sector has been a driving force in the economy, representing close to 7% of the country’s GDP output[...]
5.2% Growth in Tourist Arrivals in Armenia in Three Months
The picture from Arka.am According to the report of the National Statistical Service, there was a growth in tourist arrivals[...]
Interim Free Trade Zone Agreement Between Iran and EEU
The picture from Financial TribuneAccording the Minister of Economy of RA, Tigran Khachatrian, Iran is expected to sign an interimagreement[...]
Real Estate Cadastre Value Revised in Armenia
The picture from SEJ According to the head of Armenia’s State Real Estate Cadastre Committee, Sarkhat Petrosyan, the agency has[...]
Law on Prohibiting Bookmakers’ Activities
  The amendments to the RA law on “Lotteries” were approved by the Armenian National Parliament. Starting from 2020, the[...]
GEOSTAT: 164 GEL – New Subsistence Minimum
According to National Statistics Office of Georgia, Subsistence Minimum for an average employee in Georgia has increased to 185 GEL[...]
Free Visa Regime Between China and Armenia
During the meeting on May 23, the Government adopted the draft law on the approval of the proposal to sign[...]
6% Growth in Georgia’s Economy in March
The estimated real Gross Domestic Product (GDP) growth rate in March 2019 equaled 6.0 percent y/y compared to the results[...]
Real Estate Development in Georgia
According to the National Statistics Office of Georgia (GeoStat) report of March 2019, there is market slowdown in construction and[...]
Armenian Passport Ranking
The Armenian Passport Ranking is Improving/Increasing According to the Armenian Deputy Foreign Minister Grigor Hovhannisyan, the Armenian passport ranking is[...]
Taxation of Armenian IT Startups
Tax Breaks Given to Armenian IT Startups On the 23rd of April, the Armenian Parliament has passed a set of[...]
Russian Tourists in Armenia
The Ambassador Assures that Armenia can Host up to 1.5 Million Russian Tourists Annually According to the Armenian Ambassador to[...]
Double Taxation Agreement between Georgia and Saudi Arabia
Double Taxation Agreement between Georgia and Saudi Arabia Came into Force on 1st of April, 2019​ A double taxation avoidance[...]
IT Companies in Armenia
272 IT companies registered in Armenia in 2017​ According to the Deputy Minister of Transport, IT and Communication, Gegham Vardanyan,[...]
Georgian Passport (GIR)
Georgian Passport improved it’s rank in Global Index Rating According to 2019 Global Rating of Henley & Partners, Georgian passport[...]
Georgian Embassies in the UAE and Vietnam
According to the Prime Minister of Georgia, Mamuka Bakhtadze, Georgian embassies will be opened in the United Arab Emirates and[...]
Dual Citizenship to Georgian immigrants
Promise to Facilitate the Acquisition of Dual Citizenship to Georgian Immigrants Georgian immigrants living abroad still have problems obtaining Georgian[...]
Why Citizens of Iran and India are often not Allowed to Enter Georgia
Areshidze Explained Why Citizens of Iran and India are often not Allowed to Enter and Visit Georgia Political analyst Mamuka[...]
Indian Investors in Armenia
EDI deputy minister of Armenia meets with Indian businessmen Deputy Minister of Economic Development and Investments of RA, Avag Avanesyan[...]
Yerevan as One of the Rising Startup Cities
Yerevan Ranked 6th among World's 25 Up-and-Coming Startup CitiesAccording to a report by Valuer, a Danish matchmaking tool for startups[...]
Georgia and Fiji Visa Agreement
Georgia and Fiji Sign a Visa-Free Travel Agreement According to the report of the Embassy of Georgia in Australia, Georgia[...]
Consumer Basket in Armenia
Minimum Consumer Basket in Armenia Increased by 6.4%According to the National Statistical Committee the cost of the minimum consumer basket[...]
Unemployment Rate in Georgia
Georgia reached lowest unemployment rate reached for the last 15 years The annual unemployment rate in Georgia equaled 12.7% in[...]
Georgia and Rule of Law
Georgia Rankings by WJP - 41 Out of 126 Countries on Rule of Law  The World Justice Project (WJP) released the WJP[...]
EU-Armenia Trade
EU-Armenia trade turnover increased by 19% European Union - Armenia trade turnover recorded a considerable growth last year, comprising to[...]
Travel for Ukrainian and Georgian Citizens
Ukrainian and Georgian citizens travel by ID cards to either country Starting from March 1, the initiative of Georgian and[...]
The Growth of Armenian Economy
The Growth of  Armenian Economy will be 4.5% in 2019 - IMF Forecast In 2019, the growth of Armenian economy[...]
10% Average Annual Increase in Property Prices in Armenia
According to the Cadastre Committee, about 16,270 real estate transactions were registered in Armenia in April 2019. The result is[...]
The Most Sought-After Properties are in Kentron, Davitashen and Arabkir Districts of Yerevan
The Most Sought-After Properties are in Kentron, Davitashen and Arabkir Districts of Yerevan The prices of Armenian properties, especially in[...]
Apartments in Yerevan Grew in Value by 7.2% in 2018
Apartments in Yerevan Grew in Value by 7.2% in 2018 The average market price of one square meter of living[...]
In 2018, Armenia’s Economy Grew by 5.2%
In 2018, Armenia's Economy Grew by 5.2% Armenian economic growth in 2018 was at 5.2%. According to preliminary data of the[...]
IMF Expects Armenian Economy to Grow by 4,5% in 2019
IMF Expects Armenian Economy to Grow by 4,5% in 2019 According to Reuters, Armenia’s economic growth forecast by the International[...]
Yerevan Offers the Highest Quality of Living in the Region, ahead of Tbilisi and Baku
Yerevan Offers the Highest Quality of Living in the Region According to a study conducted by Mercer, Yerevan was ranked 170th in[...]
Number of Property Transactions in Armenia Grew by 15% in March 2019
The Number of Property Transactions Grew by 15% in March 2019. Prices Continue to Rise According to the official statistics, 15,213[...]
EDB. Economic Growth in Armenia will Reach 5.3% in 2019
Eurasian Development Bank (EDB) predicts 5.3% economic growth in Armenia for 2019. Andrey Petrosyan, Head of the Center for Integrated[...]
More Than 1,000 Applicants for Georgia Visa/Residency Used Fraudulent Documents
More Than 1,000 Applicants for Georgia Visa/Residency Used Fraudulent DocumentsThe State Security Service (SSS) of Georgia identified up to 1,200[...]
Property Prices Increase in Tbilisi and Other Cities in Q4 2018
Real Estate Market Highlights for Q4 The statistics of real estate market for Q4 2018 shows that Sale Price Index[...]
Buying Property in Tbilisi Suburbs
Buying Property in Tbilisi Suburbs More and more dwellers of Tbilisi move from the center of the city to the[...]
Minimum Salary & Business Turnover Requirements to Be Introduced for Work Residence Permits
Minimum Salary & Business Turnover Requirements to Be Introduced for Work Residence Permit in Georgia Under current regulations a foreign[...]
Minimum Investment for Investor Residence Permit to Be Raised to US$300,000 from US$112,000
Minimum Investment for Investor Residence Permit in Georgia to Be Raised to US$300,000 from US$112,000 Under current regulations, a foreign[...]
Minimum Investment for Property Owner Residence Permit to Be Raised to US$100,000 from $35,000
Minimum Investment for Property Owner Residence Permit in Georgia to Be Raised to US$100,000 from US$35,000 Under current regulations, a[...]
Hong Kong Passport Holders Visiting Armenia
Visa free visit to Armenia for Hong Kong passport holders The Government of Armenia has made a decision to establish[...]
Georgia Ranked 51st in Henley Passport Index
Georgia Ranked 51st in Henley Passport IndexGeorgian passport is ranked 51st place in Henley Passport Index, a ranking of all[...]
Georgia Residence
Radical Changes in Residence Permit Rules Expected in Georgia. Changes to the Law on Legal Status of Aliens and Stateless[...]
Record Number of Visitors to Georgia in 2018
Record Number of Visitors to Georgia in 2018Georgia has achieved another record in tourism industry. In 2018, international visitors crossed[...]
Georgia Ranked Highest in the Region by Global Indexes
Georgia Ranked Highest in the Region by Global IndexesRanking (2018)ArmeniaAzerbaijanGeorgiaTurkeyDoing Business47/19057/1906/19060/190European Chamber39/4645/4618/4638/46Global Competitiveness68/14069/14066/14061/140Open Budget Index N/A76/1155/11532/115Human Freedom Index54/159128/15940/15984/159Global Law and Order [...]
CIT and PIT Rates to Be Reduced in Armenia
Tax Rates CIT and PIT Rates to Be Reduced in Armenia According to the proposed amendments, Armenia will shift to[...]
Georgia Visits by Iranian Nationals: Problems & Statistics
Georgia Visits by Iranian Nationals: Problems & Statistics On December 10, 2018, the Foreign Ministry of Iran advised Iranian citizens[...]
Thailand Offers 15-Day on Arrival Visas to Georgian Nationals
Thailand Offers 15-Day on Arrival Visas to Georgian Nationals Visa on arrival will be available to Georgian citizens traveling to[...]
India to Get 10 New Georgian Visa Centers
India to Get 10 New Georgian Visa Centers Ten new Georgia visa centers will be opened in Indian cities, according[...]
Moldovan Citizenship
Two Applications for Obtaining Moldovan Citizenship by Investments Two applications were submitted after two months of the official launch of[...]
Georgia Dual Citizenship
Georgia Will Soon Allow Dual CitizenshipGeorgian citizenship will not be terminated in case of acquiring a second citizenship.In September 2018,[...]
Georgian Passport Improves Its Global Ranking
Georgian Passport Improves Its Global Ranking Over the last two years the demand for Georgian citizenship has increased as the[...]
Tax Benefits for IT Companies in Armenia
Tax Benefits for IT Companies in Armenia According to the government approval of a set of amendments to the law[...]
Armenia’s Hospitality Ranking Is the Highest in the Region
Armenia’s Hospitality Ranking Is the Highest in the Region Passport Index has rated countries on hospitality, based on the number[...]
Property Prices Grow by 23% in Downtown Yerevan (Sep-Oct. 2018)
Official: Property Prices Grow by 23% in Central Yerevan Foreigners that are interested in buying real estate in Armenia may[...]
Visa-Free Travel between Georgia and Serbia
On March 8, 2018, Serbia exempted Georgian passport holders from visa requirements. Under the new rules Georgian nationals can enter[...]
Georgian Citizenship Granted to 3,000 Foreigners in 2017
In 2017 the President of Georgia granted citizenship to 3,000 foreigners who applied under regular procedure for naturalization. Moreover, 8[...]
Georgian Passport Ranks 53rd in the World
With the visa-free regime with the European Union/Schengen zone, which came into effect on March 28, 2017, the Georgian passport[...]
Passport-Free Travel Between Georgia and Ukraine
The governments of Georgia and Ukraine are working to make is possible for their citizens to travel between the two[...]
Armenia Allows Indians to Get E-Visa and Visa on Arrival
Getting E-Visa and Visa on Arrival On Nov. 22, 2017, Armenia became the easiest country for Indian nationals to visit[...]
Property Prices in Armenia (2002-2017)
Armenian real estate market grew exponentially between 2002 and 2008 with prices going up by 570%. In 2009 the country’s[...]
Review of Armenia and Georgia Business Visas
Armenia and Georgia are small neighboring countries in Caucasus. Both countries welcome foreign investors and entrepreneurs and offer immigration benefits[...]
15 Reasons to Get an Armenian Passport
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Easiest European Country for Immigration? – Armenia
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Illegal Entrepreneurship
Illegal entrepreneurship is defined as conducting business activities without state registration or without obtaining a license, if required. State registration is[...]
Disability Fund Payments
Disability fund payments are social security payments the purpose of which is to promote the integration of disabled people in[...]
Advertisement & Marketing Regulations and Penalties
Armenian regulations of marketing are mostly found in the Law on Advertisement and are enforced by designated bodies, such as[...]
Immigration Offenses in Armenia
While the status of foreigners is regulated by the Armenian Law on Foreigners, immigration-related offenses and penalties are generally contained[...]
The Protection of Economic Competition
The State Commission for the Protection of Economic Competition performs the following tasks: protects and promotes free economic competition to[...]
Official Language in Armenia
Armenian is the official language of Armenia. According to the law on Language, state bodies, enterprises, institutions and organizations (regardless of[...]
Company Management in Armenia
Company management is the organization and coordination of the activities of the business in order to achieve the defined objectives.[...]
Employment and Dismissal in Armenia
An employment contract is an agreement between the employee and the employer that specifies the rights and obligations of each party.[...]
Licensing in Armenia
In order to legally engage in certain kinds of activities, individuals (including Individual Entrepreneurs (IE)) and legal entities have to[...]
Power of Attorney in Armenia
A power of attorney (POA) is a written authorization to represent or act on another's behalf in private affairs, business,[...]
Virtual Office in Armenia
Armenian law does not require businesses to own or rent brick and mortar offices or employ staff. Thus many local[...]
Registering as Individual Entrepreneur in Armenia
It is possible for a person (including a foreign citizen) to register as individual entrepreneur (sole proprietor) in Armenia to do[...]
Company Liquidation
Company liquidation can happen for a number of reasons: by the decision of its founders (shareholders, participants) (including on expiry[...]
Customs Benefits for Permanent Residents
Individuals arriving to Armenia for permanent residence (including refugees) can import their personal property without paying customs payments (including VAT).  To be eligible for[...]
Opening a bank account in Armenia
Information on this webpage is NOT updated and may be inaccurate. Please contact us for more information.There are 21 Banks[...]
Tax Benefits in Republic of Armenia
The Tax Legislation of Republic of Armenia offers tax benefits for many types of economic activities for both resident and[...]
Corporate Profit Tax in Armenia
The headline rate of corporate profit tax in Armenia is 20% for resident companies, and, depending on the type of[...]
Thin capitalisation rules in Armenia
According to "thin capitalisation" rules in Armenia, the maximum amount of interest that may be recognised as an expense when[...]
Profit tax rates for non-residents
Dividends, royalties, interest, and property lease payments paid by a locally resident company to a non-resident are subject to a[...]
A Q&A about transaction taxes in Republic of Armenia
Q: Are there any documentary taxes in Armenia? A: Armenia does not levy any documentary taxes on documents evidencing transactions.[...]
A Q&A about the bilateral tax treaties of Republic of Armenia
Q: Do the double taxation avoidance treaties of Republic of Armenia follow the OECD or another model? A: While the majority[...]
Double Tax Avoidance Agreements
The Republic of Armenia has 41 income tax treaties and agreements currently in force. The list of treaties is available[...]
Work Permits for Foreigners
The National Assembly of RA passed the bill about amendments to the law on Foreigners that regulates issues related to work[...]
Tax Benefits for IT Start-ups
According to tax legislation, for taxpayers certified and operating under the law on State Support of IT Sphere, the income[...]
Residency for High Net Worth Individuals and Investors
Any type of business activity in Armenia, including passive investment, qualifies for a temporary residence permit, irrespective of the actual[...]
Objective Criteria for Issuing or Refusing Visas & Residence Permits
Armenian immigration authorities must follow objective criteria when deciding whether to grant or refuse applications for visa or residence permit.[...]
Minimum benefits for foreign employees
Foreign employees are entitled to the same benefits as local employees, including a minimum monthly salary of 50,000 drams ($105)[...]
Visa Processing Time
Visas for nationals of certain countries can be issued only by Armenian consulates abroad. Wait times for visa appointments vary and[...]
Maximum Periods of Stay in Armenia
Ordinary business visas in Armenia are issued for a period of up to 120 days, extendable by another 60 days.[...]
Procedures for Obtaining Immigration Permissions
Unless a foreign individual is exempted from work permit requirements, the employer must first obtain a work permit by applying to[...]
Immigration Permits for Transferring Staff
Generally a holder of an Armenian visa is not entitled to work in Armenia unless s/he also holds a work[...]
Transit Visas in Armenia
People transiting Armenia do not require a visitor visa if they are stopping off at an Armenian airport on their[...]
Work Permits for Giving or Receiving Short-Term Training
Armenian immigration laws do not contain specific regulations for giving or receiving short-term training. Work permit may be required if[...]
Restrictions on Business Visitors
A business visitor cannot undertake work activities while in Armenia, unless these activities are exempted from work permit requirements. Permitted[...]
Visa Requirements for Short-Term Business Travelers
Visa requirements for entering Armenia vary greatly between different nationalities. Visa exempt nationals (EU/EFTA and CIS) may travel to Armenia[...]
Free Movement of Armenian Workers in Russia, Belarus and Kazakhstan
Starting from January 1, 2015 Armenia will join the Eurasian Economic Union (EEU), which provides for a common market and[...]
Exemptions from Work Permit Requirements in Armenia
Expatriate workers in Armenia shall possess an individual work permit issued my the Ministry of Social Affairs. This requirement does not apply[...]
Moment of Creation of VAT Liability
For purposes of VAT the moment of supply of goods (provision of services) is the moment when the goods were[...]
Taxpayers’ Rights Cannot Be Restricted by Secondary Legislation
In Armenia only the legislative acts of the Parliament may restrict the rights and freedoms of individuals and legal entities,[...]
VAT Taxation of Agency Services
For VAT purposes the following services are deemed to be provided in Armenia if the recipient of services is registered[...]
Zero Rate VAT for Processing Services
In Armenia zero rate VAT applies, among other things, to re-exported goods and to processing, assembly, renovation, modernization and similar[...]
Taxation of Expropriation
According to the Armenian Law on Alienation of Property for Public and State Needs, financial obligations arising from the transfer of[...]
Deduction of input VAT and VAT refund
Taxpayers deduct from the VAT imposed on the taxable turnover (output VAT) the VAT which was paid to the suppliers[...]
VAT on Gifts, Discounts and Deals
Gratuitous or partially compensated transactions in Armenia are subject to full VAT taxation based on the real (market) value of the goods[...]
VAT on Gifts, Discounts and Deals
Gratuitous or partially compensated transactions in Armenia are subject to full VAT taxation based on the real (market) value of the goods[...]
VAT on Gifts, Discounts and Deals
Gratuitous or partially compensated transactions in Armenia are subject to full VAT taxation based on the real (market) value of the goods[...]
New tax credit for mortgage interest
During a meeting on business environment improvement on September 3, 2014, the Prime Minister approved a proposal to amend the[...]
Amendments to the Law on VAT
The Ministry of Finance initiated amendments to the Law on VAT to allow taxpayers to deduct the input VAT even[...]
Tax Liens
On August 28, 2014, the Government approved amendments to the Law on Taxes introducing the concept of tax lien (restriction).[...]
New Anti-Money Laundering Law in Armenia
On June 21 the National Assembly passed a new Law on Money Laundering and Terrorist Financing which provides for mandatory[...]
Elimination of Audit Requirements for Large Companies
The Government of Armenia approved amendments to the law on accounting, which exempt large organizations (defined as those with assets[...]
Elimination of Excise Tax on Imported Cars
The Government of Armenia approved amendments to the law on excise tax, which exempt the import of luxury cars from[...]
Use of Fiscal Stamps in Armenia will be Extended
The National Assembly of Armenia passed a law extending the list of goods the sale or import of which require[...]
Attachment of bank accounts will be streamlined
On February 20th the Government approved a draft amendment to the Law on Taxes regarding attachment of bank accounts by[...]
Law on Funded Pensions held unconstitutional
On April 2, 2014, the Constitutional Court of Armenia held unconstitutional a number of provisions of the Law on Funded[...]
Tax treatment of stock and asset acquisitions
Armenian companies are subject to income (profit) tax and value added tax (VAT). Companies possess a fiscal identity separate from[...]
Company formation laws and agencies
All companies in Armenia must register with the State Registry, which is a special agency under the Ministry of Justice.[...]
Famous foreign trademarks in Armenia
A famous foreign trademark is not afforded protection if it has not been used domestically in Armenia. Such protection is[...]
ADR techniques in trademark disputes
ADR techniques, such as mediation and arbitration, are available in Armenia, although not commonly used. This may be because court[...]
Remedies for trademark infringement in Armenia
The remedies available to a prevailing plaintiff can include monetary damages, injunction against future infringement, erasure of the infringing sign,[...]
Defenses available in Armenia to a charge of trademark infringement
In trademark infringement proceedings in Armenia numerous defenses are available, and depend on the specific facts in question. Generally they[...]
Appeals in trademark litigation in Armenia
There is only one avenue of appeal in civil actions (trademark infringement and dilution) in Armenia, namely from the court[...]
Trademark litigation costs in Armenia
The trademark litigation costs in Armenia vary and depend, among other things, on the appointed counsel and the complexity of[...]
Time frame for trademark infringement action in Armenia
All trademark infringement or dilution proceedings vary in length depending on the workload of the courts, the complexity of the[...]
Obtaining evidence in trademark infringement cases in Armenia
Armenian procedural law does not provide for full discovery, but in pending trademark infringement actions courts may generally order evidence[...]
Trademark infringement outside Armenia
The general rule is that activities that take place outside the country of registration cannot support a charge of infringement[...]
Standing for bringing trademark violation action in Armenia
A trademark infringement action may be brought by the owner of (or applicant for) the infringed trademark. A licensee may[...]
Burden of proof to establish trademark infringement in Armenia
There is a general rule that the plaintiff needs to prove all facts that support his claim, whereas the defendant[...]
Trademark infringement proceedings in Armenia
Court proceedings for trademark infringement in Armenia are typically initiated by filing a written statement of claim with the court[...]
Trademark enforcement proceedings in Armenia
Trademark enforcement and infringement actions in Armenia must be initiated before the courts of general jurisdiction. There are no specialized[...]
Trademark marking in Armenia
Owners of a trademark may use the ® symbol to indicate that the mark concerned has been registered with the[...]
Security interests over trademarks in Armenia
Security interests (collateral rights) over trademarks are recognized by Armenian law. The right conferred by a trademark (or trademark application)[...]
Validity of trademark assignment in Armenia
Assignment of a trademark in Armenia shall be in writing and be registered with the Armenian Intellectual Property Agency (AIPA)[...]
Assignment documentation for Armenian trademarks
Assignments are registered with the Armenian Intellectual Property Agency (AIPA). To register the assignment it is necessary to provide the[...]
Trademark assignment in Armenia
The right conferred by the registration of or application for a trademark may be transferred or assigned to another person[...]
Trademark licenses in Armenia
To be valid and enforceable against third parties a license agreement shall be recorded with the Armenian Intellectual Property Agency[...]
Benefits of trademark registration in Armenia
Registration confers on the owner the exclusive right to use the trademark, to dispose of it and to prevent others[...]
Duration and maintenance of registration of trademarks in Armenia
A trademark registered in Armenia remains in effect for 10 years starting with the date of filing the application. At[...]
Third-party opposition to trademark registration in Armenia
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.[...]
Appealing a denied trademark application in Armenia
If any objections are raised by the Armenian Intellectual Property Agency (AIPA) at examination stage, the applicant will have the[...]
Use of trademark before and after registration in Armenia
Applications can be made either for trademarks that are already in use or for trademarks that are not yet in[...]
Trademark examination procedure in Armenia
Upon application the Armenian Intellectual Property Agency (AIPA) acknowledges receipt of the application detailing the trademark and the applicant’s name.[...]
Trademark classification system in Armenia
When applying for a trademark, the applicant will need to provide a list of the goods and/or services for which[...]
Trademark registration time frame and cost in Armenia
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Protection of unregistered trademarks in Armenia
Although it is recommended that trademarks be registered in Armenia, trademark rights may be established without registration through the actual[...]
What may be registered as a trademark in Armenia?
Trademark protection in Armenia is extended to any mark used to distinguish goods and services and that may be graphically[...]
Trademark applications in Armenia
Any natural and legal person may apply for and own trademarks in Armenia, including non for profit organizations. It is[...]
Licensing of Intellectual Property Rights and Technology Transfer under Armenian Law
The importance of an effective and enforceable system of intellectual property laws and institutions has been acknowledged by the Armenian[...]
Armenia Immigration: Visa, Residence & Citizenship
lightbulb-o  NFORMATION ON THIS PAGE IS OUTDATED. FOR ACCURATE AND UPDATED INFORMATION PLEASE GO TO THIS PAGE: ARMENIA VISA REQUIREMENTS.[fusion_builder_container[...]
Court System in Armenia
Armenian Court System Armenian judicial system has undergone various reforms in recent years and currently comprises four tiers: First instance[...]

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