South Caucasus region

Location

Armenian Dram (AMD)

Currency

Legal System

LLC, CJSC

Corporate Structures

Tax System

  • Corporate tax rate is 18% on worldwide income for resident companies
  • Special tax regimes exist for micro and small businesses:
  • Microenterprises with annual turnover below 24 million AMD are exempt from taxes
  • Small businesses with turnover up to 115 million AMD pay a turnover tax (replacing income tax and VAT) at rates varying by sector (e.g., 5% for most sectors, but changes are being implemented)

Legal Framework

  • Based on Civil Law; governed by the Civil Code and Commercial Code
  • Common structures include LLC (Limited Liability Company) and CJSC (Closed Joint Stock Company)

Advantages

  • Strategic location connecting Europe and Asia
  • Favorable tax environment with exemptions for small businesses
  • Growing economy with potential for investment

Need Professional Support in Armenia?

Fill out our contact form, and one of our representatives will get back to you as soon as possible.

Contact Us

Personal business expert will answer all your questions in detail and offer the best solution for your needs.

Cyprus, Nicosia

Office

Subscribe to the newsletter

Get the latest news, exclusive content, and special offers delivered to your inbox when you subscribe to our newsletter!

We use our own cookies as well as third-party cookies on our websites to enhance your experience, analyze our traffic, and for security and marketing. Select "Accept All" to allow them to be used. Read our Cookie Policy.

Manage settings