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Legal forms:

Payment methods:


2 weeks


Document checklist:

2.Proof of Residence 


Local legal address (Handled by B2B Hub) 






Multifunctional Business Support Center of Armenia





Official languages



ISO 4217






Armenian Dram

Directory of companies
Open website


  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

FAQ for company formation in Armenia

Q: What types of companies can be formed in Armenia?

A: The most common types of companies in Armenia are Limited Liability Companies (LLCs), Joint-Stock Companies (JSCs), and Branch Offices.

Q: What are the requirements to form a company in Armenia?

A: To form a company in Armenia, you need to have at least one shareholder and a minimum share capital of AMD 1 million (approximately USD 2,000) for an LLC or AMD 12.5 million (approximately USD 25,000) for a JSC. You will also need to appoint a director and a legal representative, and register your company with the State Register of Legal Entities.

Q: How long does it take to register a company in Armenia?

A: The registration process usually takes around 5-7 business days, but may take longer if additional documents or information is required.

Q: What are the documents required to register a company in Armenia?

A: The documents required depend on the type of company being formed, but generally include articles of association, a charter, and proof of payment of the required share capital.

Q: Can foreigners own a company in Armenia?

A: Yes, foreigners can own and operate a company in Armenia. However, there may be some restrictions on foreign investment in certain sectors, such as banking and telecommunications.

Q: What are the tax implications of forming a company in Armenia?

A: Armenia has a corporate income tax rate of 18%, and companies are also subject to value-added tax (VAT) and other taxes and contributions. There are also tax incentives available for certain types of businesses, such as those in the technology and tourism sectors.

Q: What are the ongoing compliance requirements for a company in Armenia?

A: The specific compliance requirements depend on the type of company, but generally include filing annual financial statements, tax returns, and other reports with the government.

Q: Can I use my Armenian company to do business outside of Armenia?

A: Yes, you can use your Armenian company to conduct business anywhere in the world, as long as you comply with the relevant laws and regulations in those jurisdictions. However, you may need to obtain additional licenses and permits to operate in certain countries.

"Armenia has seen a steady improvement in its economy over the past few years. According to the World Bank, Armenia’s GDP grew by 4.2% in 2019, and is projected to grow by 4.3% in 2020. This growth is largely driven by the services sector, which accounts for over 60% of the country’s GDP. The industrial sector is also growing, with a 5.2% increase in 2019.

The unemployment rate in Armenia has also decreased in recent years, from 17.7% in 2017 to 16.2% in 2019. This is largely due to the government’s efforts to create jobs and attract foreign investment.

Inflation in Armenia has been relatively low, with an average rate of 2.7% in 2019. This is due to the government’s efforts to keep prices stable and promote economic growth.

Overall, Armenia’s economy has seen steady growth in recent years, and the government’s efforts to create jobs and attract foreign investment have been successful. With continued economic growth, Armenia is well-positioned to become a major player in the region."

In Armenia, the tax system is regulated by the Tax Code, which governs both corporate and personal taxation. 

Corporate Taxation:

- The corporate tax rate in Armenia is a flat rate of 18%. 

- This tax applies to all entities, including resident and non-resident companies, that operate in Armenia.

- Corporate tax is levied on the net profits of a company, which are calculated by deducting expenses from revenue. 

Personal Taxation:

- The personal income tax rate in Armenia is also a flat rate of 23%.

- It applies to all individuals who receive income from various sources, including salaries, rental income, and capital gains. 

- In Armenia, the tax year runs from January 1 to December 31.

- The personal income tax is paid on a monthly basis, with employers withholding the tax from employees' salaries. 

Value Added Tax (VAT):

- The standard VAT rate in Armenia is 20%, which is applicable to most goods and services.

- Some products and services are subject to reduced VAT rates, such as certain food products (10%), books and newspapers (10%), and medicine (0%).

- The VAT registration threshold is AMD 58 million (approximately USD 120,000) per annum. 

The tax payment calendar in Armenia is as follows:

- Corporate taxes are paid quarterly, with deadlines on April 10, July 10, October 10, and January 10 of the following year. 

- Personal income taxes are paid monthly, with deadlines on the 20th of the following month.

- VAT returns and payments are due monthly, with a deadline of the 20th of the following month.

Application without registration

The first director

Upload passport

The second director

Upload passport

The third director

Upload passport

The first shareholder 

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The second shareholder 

Upload passport

The third shareholder 

Upload passport



Please complete the form with attention to detail. Once submitted, our team will review the information. Following this, you will receive a confirmation and an invoice via email.

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