Armenia is one of the top jurisdictions for foreigners looking to register individual entrepreneur or Sole Proprietorships (SPs) and LLCs, especially for businesses dealing with foreign partners. Below is information on the most suitable banks for SPs and LLCs in…
When starting a business in Armenia, it is crucial to choose the right legal structure (organizational and legal form – OLF) to avoid unexpected business liquidation and it is good to know about taxes in Armenia. Armenia offers the following…
Microbusiness in Armenia is a special regime that has been in effect for four years and resembles the self-employed status in Russia. This status offers significant advantages, including nearly full exemption from tax obligations. It applies to individual entrepreneurs (IE)…
In Yerevan’s passport offices (OVIR), a variety of services are offered to residents and visitors to handle official documentation related to identity and residency. The most common services provided include: 1. Passport-Related Services 2. Social Card Issuance 3. Residential Registration…
Steps and Recommendations for Finding a Postal Code in Yerevan Postal codes are essential for ensuring accurate and efficient mail delivery. If you need to find the postal code for an address in Yerevan, Armenia, follow this detailed guide for…
Introduction: When It’s Time to Pause a Business Sometimes a company stops being active — projects are completed, partners move abroad, the market shifts, or operations simply pause. At such times, entrepreneurs face a choice: freeze the business or its…
Armenia remains a popular destination among foreigners as a relocation option in 2025 and residence permit is the thing to discuss today. Types of Residence Permits in Armenia There are four types of residence permits in Armenia: Let’s go through…
Accounting and tax legislation often undergo frequent changes, and business owners may not always have the time or expertise to track these updates or delve into their complexities. However, maintaining proper accounting records is mandatory, and tax reporting must be…
In the modern world, tax systems serve as key instruments for ensuring a state’s financial stability. In this context, Value-Added Tax VAT in Arnenia plays an essential role, impacting the country’s budget and regulating the circulation of goods and services.…
In recent years, Armenia has become one of the most attractive destinations for business among foreign citizens, particularly from CIS countries. This is due to simplified registration procedures, favorable taxation, and the ability to remotely establish a sole proprietorship (SP).…