Everything about taxes in Armenia

A significant advantage of Armenia is its tax system. The country offers not only low tax rates, but also a convenient and efficient tax reporting system.

There are 3 tax regimes in Armenia

Microentrepreneurship

Turnover limit

To 24 mil amd (~60k $)

Activity restrictions

☑️ Production ☑️ Cargo transportation ☑️Clothing or shoe repair ☒Consulting companies ☒IT companies ☒ Trade/Retail

Turnover tax

Turnover limit

To 115 mil amd(~300 k $)

Activity restrictions

☑️IT ☑️Production ☑️Legal services (until July 1, 2025) ☑️Trade/Retail ☒ Banks ☒ Audit firms ☒ Exchange offices

General tax regime

Turnover limit

No limits

Activity restrictions

No restrictions

Taxation IE

Microentrepreneurship

  • State duty only

Turnover tax IE

  • Information Technologies and R&D – 1%
  • Trade – 10% of income, reduced by 9.5% of expenses, but not less than 1% og turnover
  • Manufacturing – 7% of income, reduced by 5% of expenses, but ot less than 3% of turnover
  • Rent, interest and royalties – 10%
  • Food services – 12% of income, reduced by 9% of expenses, but not less than 3.5% of  turnover
  • Construction – 10%
  • Services and other sectors – 10% of income, reduced by 6% of expenses, but not less than 4.5% of turnover

+ Fixed profit tax – 5.000 AMD
+ Fixed social payment – 5.000 AMD
+ Stamp duty fee

General taxation system

  • VAT – 20%
  • Profit tax
  • Social contribution – 5% of profit, but not more than 1.050.000 AMD
  • Stamp duty

Stamp duty amount

In case of the revenue up to 12 000 000 AMD

12 000 AMD

In case of the revenue 12 000 000 AMD or more

120 000 AMD

Taxation of LLC

Microentrepreneurship

  • 0 AMD in Armenia, except for taxation of salaries
  • 5% from distributed dividents

Turnover tax

  • Information Technologies and R&D – 1%
  • Trade – 10% of income, reduced by 9.5% of expenses, but not less than 1% og turnover
  • Manufacturing – 7% of income, reduced by 5% of expenses, but ot less than 3% of turnover
  • Rent, interest and royalties – 10%
  • Food services – 12% of income, reduced by 9% of expenses, but not less than 3.5% of  turnover
  • Construction – 10%
  • Services and other sectors – 10% of income, reduced by 6% of expenses, but not less than 4.5% of turnover

 

 

  • 5% from distributed dividents
Список льготных форм деятельности

General taxation system

  • VAT 20%
  • Profit tax 18%
  • Social contribution – 5% of profit, but not more than 1.050.000 AMD