Company registration in Armenia for foreigners: turnkey LLC in 1 day

OneBusiness, a consulting company in Yerevan, 15 years in Armenia and 720+ clients. We prepare documents, register the company in 1 day, supply a legal address, help with the bank account and offer accounting with a personal manager for each client. Contacts: Yerevan, 1 Yekmalyan St., +374 94 069-911, info@onebusiness.am.

Two packages, excluding 20% VAT. Basic, 145,000 ֏: online LLC registration, legal address and tax office account activation (priced separately 187,500 ֏). Full for foreigners, 280,000 ֏: everything in Basic plus a social security number and bank account opening (priced separately 322,500 ֏). LLC registration alone is from 97,500 ֏ online and 127,500 ֏ with a visit, 1 day, no state fee. State fees, the notarized passport translation and bank fees are paid separately.

Preparing the registration documents, arranging the notarized passport translation, registering the legal entity in 1 day, a legal address if needed, help with opening a bank account, tax office account activation and a personal manager at every stage.

Yes. Foreigners can own 100% of an Armenian company and the founders do not have to be present: documents can be filed by an authorized representative. You need a passport with a notarized translation. A visit to Armenia is needed only to open a bank account.

Yerevan, 1 Yekmalyan St. Phone: +374 94 069-911. Email: info@onebusiness.am. The first consultation is free and we reply to a request within 2 hours.

Personal presence of the founders is not required for company registration in Armenia. The company registration process can be completed without the physical presence of the founders. The documents for registration can be submitted by an authorized representative or directly.

1. Corporate Income Tax (CIT): Generally, companies are subject to an 18% CIT rate on their taxable income, which is calculated as the difference between gross income and deductible expenses. This applies to both Armenian-resident entities and non-resident entities doing business in Armenia through a permanent establishment.
2. Turnover Tax: This is an alternative to CIT and VAT for small and medium enterprises (SMEs). The tax rate varies according to the type of income, typically ranging from 1.5% to 5%. It's available for businesses with annual sales under a certain threshold (approximately $280,000).
3. Micro-Businesses: Entities with annual sales below approximately $62,000 are exempt from both CIT and VAT. However, certain business types, especially those in Yerevan or in various service sectors, may not qualify for these exemptions.
4. Value-Added Tax (VAT): The standard VAT rate is 20%. For exports, VAT is reduced to 0%. Businesses under the general tax regime file VAT returns monthly.
5. Special Taxation for IT Companies: Certified IT companies in Armenia pay 1% turnover tax and 10% income tax until 2031. We help with the IT certificate for clients on an annual accounting contract.
6. Payroll Taxes: Employers must withhold personal income tax and social security contributions from employee salaries. The personal income tax rate is a flat 20%, while social security contributions vary based on income levels.
7. Other Taxes: Depending on their activities, companies might be subject to excise tax, environmental tax, road tax, and property taxes.

For more information contact us.

To register a foreign company in Armenia, the following documents are required:

1. Application for Registration: This is the main document submitted for company registration.

2. Decision of the Founder or Minutes of the Founders' Meeting: If the company is founded by more than one person, the minutes of the founders' meeting are submitted.

3. Articles of Association: The articles must include the address of the company.

4. Information about the Executive of the Company: Passport details and social number (if available) of the company's executive are required.

5. Statement on the Ultimate Beneficial Owner of the Company: This is important for compliance with Armenian legislation.

If among the founders of the company there are foreign legal entities, it is necessary to provide an excerpt from the commercial register of that country or another equivalent document. For foreign citizens, a translated and notarized copy of the passport is required.

A distinctive feature of registration in Armenia is that there is no requirement for a minimum charter capital, state duty for the initial registration of commercial entities, or having a residence permit. Also, the physical presence of the founders in Armenia is not mandatory.

The registration process with us usually takes one day.

We will happily help you with all required documents, just contact us.

At OneBusiness, LLC registration starts at 97,500 ֏ online, registration with a visit costs 127,500 ֏, prices exclude VAT. There is no state fee. A legal address (45,000 ֏), tax account activation (45,000 ֏) and a bank account (from 82,500 ֏) are priced separately.

We register an LLC within 1 day after the documents are filed. Preparing the passport translation and social number can add time.

1. Free consultation, we reply within 2 hours. 2. Notarized translation of the passport. 3. We register the LLC in 1 day. 4. Bank account and tax office account activation. 5. Service contract. Documents can be filed by an authorized representative, a visit to Armenia is needed only to open a bank account.

A sole proprietorship is simpler and cheaper to register and is the most common basis for a residence permit. An LLC suits a business with partners or staff. We help you choose at a free consultation. See sole proprietor registration in Armenia.

No. Foreign individuals and legal entities can own 100% of an Armenian company without local partners. There is no requirement for minimum charter capital.