Resident Armenia

Открыть ИП в Армении ВНЖ регистрация Прописка счет в банке-photoaidcom-darken

How We Work

Consultation

1

We analyze your goals, country of residence, and the structure of your future business.

Opening a Working Chat

2

After the initial consultation, we create a dedicated chat with the responsible specialist to define the strategy and next steps.

Registration

3

We register a sole proprietorship or LLC, complete tax registration, and prepare all corporate documents.

Document Preparation

4

We prepare all required documents and determine the optimal legal structure for your business.

Banking and Immigration Procedures

5

We assist with opening a bank account and, if needed, obtaining a residence permit.

Completion of the Process

6

We deliver all required documentation and provide final консультации → final consultations regarding the completed service

Questions about company registration in Armenia

Can a foreigner open a company in Armenia remotely?

Yes. Foreign citizens can register a sole proprietorship or an LLC in Armenia remotely via a power of attorney. The process usually takes a few business days and does not require a personal visit.

How long does it take to open a bank account?

Typically, the procedure takes from 1 to 3 days with the client’s personal presence, and from two to three weeks remotely, depending on the bank and compliance procedures.

Does a foreign entrepreneur have to pay taxes on Armenian income in their home country?

Yes, this may be required. If the entrepreneur remains a tax resident of their home country, most jurisdictions require declaring worldwide income, including income earned in Armenia.

However, if a double taxation treaty is in force and the entrepreneur operates under the standard taxation system, taxes paid in Armenia are typically credited or exempted from additional taxation in the home country.


Do foreigners need a residence permit to run a business in Armenia?

No. Foreigners can own and manage companies in Armenia without a residence permit. However, many entrepreneurs choose to obtain one for convenience in long-term living and banking operations.

What taxes does an entrepreneur pay in Armenia?

In Armenia, IT tax benefits are especially popular, allowing businesses to pay around 1% of turnover within the limits of the simplified tax system. Other sectors usually fall under a 10% rate, which in many cases can be reduced to approximately 6% through deductible expenses.

Can a foreigner become a tax resident of Armenia?

Our standard hours of operation are Monday to Friday, 9:00 AM to 5:00 PM in Pacific Standard Time (PST).