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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
List of Preferential Activities

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
List of preferential forms of activity

General Taxation System

  • VAT: 20%
  • Corporate Income Tax: 18%
  • 5% on distributed dividends
Tax Code of the Republic of Armenia

Calculator

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