1) Desk Audit (Cameral Audit) This is a “remote” audit: the tax authority analyzes your declarations, turnover, relationships, and discrepancies, and then sends requests. In practice, desk audits most often target two areas: The role of the accountant here is…
Introduction: Why Everyone Is Discussing March 1, 2026 In 2025, Georgia became a quiet haven for freelancers and owners of small service businesses: you registered a sole proprietorship, obtained a preferential tax regime, worked with foreign clients, and everything seemed…
In 2025, Armenia’s personal income tax system remains one of the most stable and predictable in the region. The country has fully transitioned to a flat personal income tax rate of 20%, making tax administration simpler and more transparent for…
In recent years, Armenia has been steadily strengthening its position as a regional hub for international business, investment, and IT companies. One of the key instruments behind this strategy is the network of Double Taxation Treaties (DTTs) — international agreements…
In 2025, more and more foreigners, freelancers, and entrepreneurs choose Armenia as their tax base due to its relatively mild tax regime and flexible migration rules. Imagine living in Yerevan, working remotely with European or U.S. clients, and legally optimizing…
Tax residency in Armenia is a status that allows an individual to be taxed in Armenia on their worldwide income — both from domestic and foreign sources. Armenia offers flexible and advantageous conditions, especially for remote workers and entrepreneurs doing…
In Armenia, entrepreneurs can choose between two taxation systems: the General Tax System (GTS) and the Simplified Tax System (STS). The choice depends on the nature of the business, income level, expense structure, and tax law requirements. The general system…
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…
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.…