Последние записи
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Switching to the Simplified Tax System (STS) for Individual Entrepreneurs (IEs) in Armenia
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 involves a higher tax burden but allows for expense deductions,…
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Best Banks for individual entrepreneur and LLCs in Armenia
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 Armenia, along with the unique features of each bank and…
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Corporate taxes in Armenia in 2025
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 legal forms for business entities: Individual Entrepreneur (IE) An IE…