We register a sole proprietor (IE) in Armenia for 60,000 ֏ plus a 3,000 ֏ state fee, excluding VAT. Only your passport is needed, and no visit to Armenia is required.
OneBusiness registers a sole proprietor in Armenia in 1 day. You need only an international passport and its notarized translation. You do not have to be present: we register by power of attorney, but a bank account requires a visit. We help with taxation, the legal address and the social card, and can take over your accounting.
Registration
Sole proprietor registration, turnkey
60,000 ֏
one-time
State fee
Paid to the state by card, or 3,200 ֏ in cash
3,000 ֏
one-time
Bank account
Account for a sole proprietor, plus bank tariffs
from 82,500 ֏
one-time
Accounting after registration
from 16,500 ֏ per month
Prices exclude VAT: 20% VAT is added to the invoice. State fees are paid to the state separately. Prices are current as of 12 October 2026.
What is included
Sole proprietor registration, turnkey
✓ Arranging the notarized translation of your passport
Questions about registering a sole proprietor in Armenia
OneBusiness registers a sole proprietor (individual entrepreneur, IE) for 60,000 ֏ excluding VAT. The state fee is paid separately: 3,000 ֏ by card or 3,200 ֏ in cash. A bank account and a social security number are billed separately.
We register a sole proprietor in 1 day after the documents are filed. The total time depends on when the notarized translation of your passport is ready.
No. A sole proprietor can be registered by power of attorney. To open a bank account, however, you need to visit Armenia in person.
Only your international passport and its notarized translation into Armenian. We arrange the translation.
It depends on the tax regime, the number of employees, turnover and other features of your business. A micro-business with turnover up to 24 million AMD is exempt from most taxes, and with turnover up to 115 million AMD you can choose turnover tax. Contact us and we will help you choose.
Yes. Registering a sole proprietor is the most common basis on which our clients obtain a residence permit. See the residence permit page for prices and documents.
We do: accounting for a sole proprietor starts at 16,500 ֏ a month on the micro-business regime and at 21,000 ֏ on turnover tax, excluding VAT.
Get a free consultation on registering a sole proprietor
Tell us about your situation. We reply within 2 hours.