All About Taxes in Armenia
One of Armenia’s key advantages is its tax system. It offers not only low tax rates but also a convenient and straightforward reporting process.
There are 3 tax regimes in Armenia
Micro-Entrepreneurship Regime
Turnover limit
Up to 24 million AMD (~$60,000)
Activity restrictions include
- Manufacturing
- Freight transportation
- Clothing or shoe repair
- Consulting companies
- IT companies
- Trading
Turnover Tax
Regime
Turnover limit
Up to 115 million AMD (~$300,000)
Activity restrictions include
- IT
- Manufacturing
- Legal services (until July 1, 2025)
- Trading
- Banks
- Auditing firms
- Currency exchange offices
General Taxation
System
Turnover limit
No limit
Activity restrictions
None
General Taxation System
Micro-Entrepreneurship
Income Tax
20%
Social Payment
Those born before 01.01.1974 are exempt from
Stamp Duty
(Insurance Fund for Servicemen)
From 0 to 100 000 ֏ – 1 500 ֏
From 0 to 100 000 ֏ – 1 500 ֏
From 100 001 to 200 000 ֏ – 3 000 ֏
From 100 001 to 200 000 ֏ – 3 000 ֏
From 200 001 to 500 000 ֏ – 5 500 ֏
From 200 001 to 500 000 ֏ – 5 500 ֏
If the taxable base is from 500 001 to 1 000 000 ֏ – 8 500 ֏
If the taxable base is from 500 001 to 1 000 000 ֏ – 8 500 ֏
If the taxable base is 1 000 001 ֏ or more – 15 000 ֏
If the taxable base is 1 000 001 ֏ or more – 15 000 ֏
General Taxation System
Income Tax - 20%
Micro-Entrepreneurship
Income Tax - 20%
Social Payment
Those born before 01.01.1974 are exempt from
Stamp Duty
(Insurance Fund for Servicemen)
From 0 to 100 000 ֏ –
1 500 ֏
From 100 001 to 200 000 ֏ –
3 000 ֏
From 200 001 to 500 000 ֏ –
5 500 ֏
If the taxable base is from 500 001 to 1 000 000 ֏ –
8 500 ֏
If the taxable base is
1 000 001 ֏ or more –
15 000 ֏
Taxation of Sole Proprietors (SP)
Micro-Entrepreneurship
- Only stamp duty applies
Turnover Tax
- IT and R&D – 1% (click to view the full list of eligible activities)
- Trade – 10% of revenue minus 9.5% of expenses, but not less than 1% of turnover
- Manufacturing – 7% of revenue minus 5% of expenses, but not less than 3% of turnover
- Rent, Interest, and Royalties – 10%
- Catering/Food Services – 12% minus 9% of expenses, but not less than 3.5% of turnover
- Real Estate Sales – 10%
- Services and other sectors – 10% minus 6% of expenses, but not less than 4.5% of turnover
- Fixed profit tax: 5 000֏
- Fixed social payment: 5 000֏
- Stamp duty
General Taxation System
- VAT: 20%
- Corporate Income Tax: 23%
- Social Payment: 5% of profit, but not more than 1 050 000 ֏
- Stamp Duty
Stamp Duty Amount
For a calculation base up to 2 400 000 ֏
18 000 ֏
From 2 400 001 ֏ to 6 000 000 ֏
24 000 ֏
From 6 000 001 ֏ to 12 000 000 ֏
48 000 ֏
From 12 000 001 ֏ and above
120 000 ֏
Taxation of LLCs
Micro-Entrepreneurship
0 ֏ tax in Armenia, except for payroll taxation
5% on distributed dividends
Налог от оборота
- IT and R&D activities – 1% (click to view eligible activities)
- Trade – 10% of income minus 9.5% of expenses, but no less than 1% of turnover
- Manufacturing – 7% of income minus 5% of expenses, but no less than 3% of turnover
- Rental income, interest, and royalties – 10%
- Catering (HoReCa) – 12% minus 9% of expenses, but no less than 3.5% of turnover
- Real estate sales – 10%
- 5% tax on distributed dividends
General Taxation System
- VAT: 20%
- Corporate Income Tax: 18%
- 5% on distributed dividends
Calculator
Helps you calculate the required salary for employees or estimate how much tax and contributions you'll pay for each team member
How to register with us?
SP Registration Remotely
LLC Registration Remotely
SP Registration On-Site
LLC Registration On-Site
SP Registration Remotely
Send a photo of your passport
We prepare a power of attorney and send it to you by email
You sign it and send it back to us along with a notarized copy of your passport
Within 24 hours of receiving the documents, we register your SP
LLC Registration Remotely
Fill out the form
Our lawyers prepare the incorporation documents and send them to you
You sign them and send them back along with a notarized copy of your passport
Within 48 hours of receiving the package, we register your LLC
SP Registration On-Site
We will issue a power of attorney
We will register your sole proprietorship within 24 hours
We will issue a power of attorney for tax registration
We will assist you in submitting an application to open a bank account (3–10 business days)
LLC Registration On-Site
We will translate your passport into Armenian
Visit the state registry with our lawyer
We will issue a power of attorney for tax registration
We will assist you in submitting an application to open a bank account (3–10 business days)
SP Registration Remotely
SP Registration Remotely
Send a photo of your passport
We prepare a power of attorney and send it to you by email
You sign it and send it back to us along with a notarized copy of your passport
Within 24 hours of receiving the documents, we register your SP
LLC Registration Remotely
LLC Registration Remotely
Fill out the form
Our lawyers prepare the incorporation documents and send them to you
You sign them and send them back along with a notarized copy of your passport
Within 48 hours of receiving the package, we register your LLC
SP Registration On-Site
SP Registration On-Site
We will issue a power of attorney
We will register your sole proprietorship within 24 hours
We will issue a power of attorney for tax registration
We will assist you in submitting an application to open a bank account (3–10 business days)
LLC Registration On-Site
LLC Registration On-Site
We will translate your passport into Armenian
Visit the state registry with our lawyer
We will issue a power of attorney for tax registration
We will assist you in submitting an application to open a bank account (3–10 business days)
- 10:00 - 18:00, Monday - Friday
- lunch 13:00 - 14:00