Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
Register a company in Armenia, the relocation republic.
Set up an Armenian LLC - a one-to-three-day registration with no minimum capital, 5% on dividends out, no currency controls, and the Caucasus tech hub that absorbed a generation of relocated engineers. Current law, not legend: the famous 0% IT certificates ended in 2023, VAT is 20%, and banks apply sanctions-era scrutiny to Russia-linked flows with real attention.An Armenian LLC: registered in 1-3 days with no minimum capital, 5% dividends, no currency controls, the Caucasus tech hub. Current law: the 0% IT certificates ended in 2023, VAT is 20%, and Russia-linked flows face real bank scrutiny.
Updated

A small country that turned an influx into an industry.
Armenia was the quiet winner of the 2022 relocations: tens of thousands of engineers and hundreds of companies arrived within months, GDP grew double digits, and Yerevan consolidated its position as the Caucasus tech capital - a place with an engineering tradition older than most startups' founders, a diaspora wired into Silicon Valley, and a state that treats the IT sector as strategy rather than slogan. The corporate machine matches the story: an LLC registers in one to three days with no minimum capital, fully remotely, in one of the world's genuinely easiest processes; there are no currency controls; dividends leave at 5%; and the dram has been boringly firm. Membership in the EAEU gives duty-free reach into the 190-million union, while the EU's CEPA agreement and GSP+ keep the western door open too - a double position few countries hold.
Current law first: the celebrated IT certificates - 0% profit tax for certified tech companies - expired at the end of 2023, and anyone still selling them is selling the past. Today's map is still gentle: 18% standard profit tax, turnover regimes of roughly 1-5% for smaller businesses, micro-exemptions beneath, and a new high-tech support framework channelling targeted incentives - R&D payroll relief chief among them - instead of a blanket zero. VAT is 20% and applies with normal European discipline. And the banks, competent and modern, read Russia-linked flows with sanctions-era attention: cards, transfers and counterparties tied to sanctioned rails face real scrutiny, which clean international business simply prices in. For IT teams, holdings and regional operations, Armenia remains one of the lightest serious set-ups anywhere - we keep it current and quick.
The 2022 relocation winner turned ecosystem: tens of thousands of engineers, double-digit GDP, Yerevan as the regional tech capital. LLC in days, fully remote; EAEU duty-free on one side, EU CEPA and GSP+ on the other - a double position few hold.
The map: the celebrated 0% certificates expired end-2023 - today it is 18% standard, ≈1-5% turnover regimes, targeted high-tech support; VAT 20% with normal discipline; banks modern but sanctions-attentive on RU-linked flows. Still the lightest serious setup in the region.
Armenian company - cost & packages.
Company
Registration of an Armenian LLC - charter, state registration, tax registrations and the first year of the registered address included.
Optional add-ons: high-tech incentive registration - from $900 · residence permit - from $1,200 · accounting - from $150/month · renewal - from $1,200/year.Add-ons: high-tech registration from $900 · residence from $1,200 · accounting from $150/month · renewal from $1,200/year.
Start with Company →Company + Bank Account
A working Armenian LLC with a local bank account - dram, dollar and euro balances with a modern bank, opened on a clean international file.
Popular uses for an Armenian company.
The tech hub anchors everything; the double EAEU-CEPA position and the five-per-cent exit make the rest work.The tech hub anchors; the double position and the 5% exit carry the rest.
Development centres and product companies in the region's deepest talent pool.
The 2022 pattern, matured. Teams, payroll and IP resettled properly.
Duty-free goods into the 190-million union from its most Western-connected member.
5% dividends, no currency controls, treaty network. A quiet holding venue.
The cutting-and-setting industry with bonded import regimes.
The new licensing framework under central-bank supervision.
The deepest regional pool.
The matured pattern.
190M duty-free.
5% and no controls.
The cutting industry.
Licensed framework.
Key advantages of the jurisdiction.
One-to-three-day registration, fully remote, no minimum capital.Fully remote.
One of the gentlest exits anywhere. With no currency controls beneath it.No controls beneath.
An engineering tradition plus the relocation wave. Senior talent at sane costs.Tradition + the wave.
The union's market and the EU's framework. A double position.Both doors.
Roughly 1-5% of revenue for qualifying smaller businesses.≈1-5% of revenue.
Competent, digital banks. With clean files onboarding smoothly.Clean files onboard.
Armenia next to the regional options.
Georgia runs the low-tax neighbour with a Western tilt; Kazakhstan the scale anchor; Kyrgyzstan the cheapest ticket; the UAE the global hub. Armenia sells talent plus the lightest serious setup. Figures current as of 2026.Georgia: the light neighbour. Kazakhstan: scale. Kyrgyzstan: cheapest. UAE: the hub. Armenia: talent + the lightest serious setup. As of 2026.
| Country | Profit tax | Dividends out | Signature edge |
|---|---|---|---|
| Armenia | 18% · 1-5% turnover | 5% | Talent + the light setup |
| Georgia | 15% on distribution | 5% | The Western-facing light touch |
| Kazakhstan | 20% · 0% islands | 15% | Scale + English law |
| Kyrgyzstan | 10% | 10% | The cheapest ticket |
| UAE | 9% · 0% FZ | 0% | The global hub |
What Armenian law actually demands.
From application to a live company in days.
Armenia is the rare jurisdiction where the brochure speed is the real speed - the only planning worth doing is the regime election and the bank file.Regime election first, registration in 1-3 days, bank in 1-2 weeks, residence for relocators in 2-6 - the fastest full setup in this section.
Regime election and banking strategy - settled first.
Passport copies and POA. Apostilled if remote.
Charter filed; the LLC is live with its TIN.
Turnover or standard regime registered.
KYC with a modern bank. Remote paths available.
Permits for relocating founders; payroll switched on.
The regime election at registration - standard versus turnover - is the one decision that moves your effective rate by double digits, and it takes five minutes when made in time.
On the ground in Armenia.

Your setup is run with Yerevan lawyers and accountants who register LLCs weekly.
We model today's incentives. Not the 0% regime that ended in 2023.
Files built so compliance officers approve rather than escalate.
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
















Eighteen standard, one-to-five for the small - and five to leave.
Profit tax is 18%. Qualifying smaller businesses elect turnover taxation at roughly 1-5% of revenue by activity, with micro-exemptions beneath. The famous 0% IT certificates expired in 2023; the successor high-tech framework channels targeted support - R&D payroll relief above all - to genuinely technological companies. VAT is 20%; dividends to non-residents carry 5%; there are no currency controls.18% standard, ≈1-5% turnover for the small, VAT 20%, dividends 5%, payroll 20% flat - and today's high-tech incentives, not 2022's.
The standard rate. Modest, flat and predictable.Flat and predictable.
Revenue-based regimes for qualifying smaller businesses.Elect it in time.
The gentle exit, with no controls beneath it.The gentle exit.
Targeted R&D and payroll incentives. The certificates' successor.The certificates' heir.
Owners remain responsible for tax where they live - and the 2023 sunset of the IT certificates is exactly the kind of fact we verify against current law rather than against the internet's memory.
The specialists who'll handle your case.
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Handles incorporation paperwork, KYC and bank introductions so your Armenian company launches without delays.
Active across our channels.
The relocation republic, set up at its own speed - company, regime, bank and permits in one quick, clean project. Full support, start to finish.
Talk to a specialist →Armenia, on current law.
Can I open an Armenian company without visiting?+
Yes - fully: registration runs on an apostilled power of attorney in one to three days, and several banks onboard remotely with video KYC. Relocating founders visit for residence permits; pure holding or team structures need not visit at all. Armenia is one of the few genuinely remote-complete jurisdictions.
How much does it cost?+
Turnkey registration starts from $1,900; with banking from $3,400. Renewals with accounting run from $1,200 a year - Caucasus pricing for a setup that behaves like a European one.
Are the 0% IT certificates still available?+
No - and we say it plainly because the internet has not caught up: the certified-IT regime with 0% profit tax expired on 31 December 2023. What exists now: the standard 18% rate, turnover regimes of roughly 1-5% for smaller companies, and a successor high-tech framework with targeted incentives - R&D payroll relief, support for returning specialists. Still one of the region's best IT deals; no longer a blanket zero, and anyone promising otherwise is selling 2022.
What taxes will the company pay?+
Standard: 18% profit tax, VAT at 20% above the threshold, payroll income tax at a flat 20%, social payments modest. Smaller businesses elect turnover taxation at roughly 1-5% of revenue instead of profit tax and VAT - often the better deal below the threshold. Dividends out: 5%, with no currency controls in the way. The regime election at registration is the whole strategy.
What does the EAEU-plus-CEPA position mean?+
Duty-free goods access to the 190-million Eurasian union on one side; the EU's Comprehensive and Enhanced Partnership Agreement plus GSP+ trade preferences on the other. Few countries hold both doors. For trading businesses it means routing options; for services and IT it means an unusually neutral base between blocs - with the sanctions-era caveat that documentation must always show which lane you are in.
How is banking, really?+
Modern and competent - Ameriabank and peers run apps and service most EU banks would envy - with one serious caveat: sanctions-era scrutiny of Russia-linked flows is real and has tightened repeatedly. Russian cards, counterparties and transit patterns face declines and questions; clean international business onboards smoothly. We build the file for the compliance climate that exists, and it works.
How stable is the dram?+
Surprisingly firm - the relocation inflows strengthened it, and it has held its ground since. There are no currency controls: dram, dollar and euro accounts convert and transfer freely. Treasury practice is standard multi-currency hygiene rather than crisis planning - a sentence we cannot write about most of the region.
What about crypto businesses?+
Armenia adopted a licensing framework under central-bank supervision - exchanges and service providers now operate under real authorisation with capital and compliance requirements rather than in a grey zone. We scope crypto projects as licensed ventures with their own timeline, alongside the ordinary LLC this page describes.
Why did so many companies relocate here?+
Speed, taxes and talent, in that order: a company in days, engineers across the street, a 5% exit, and a state that visibly wanted them. The wave matured into an ecosystem - schools, offices, funds - that outlived the emergency that started it. Late arrivals still find the same fundamentals; they just find them calmly now.
How long does it take?+
The company: one to three days, genuinely. Banking: one to two weeks. Residence permits: two to six weeks for those relocating. A working, banked Armenian operation inside two to three weeks is the repeatable default - the fastest full setup in this section of the catalogue.
Founders who wanted it done right.
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”

“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”

“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”

“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”

“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”

“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”

Other jurisdictions & licenses.
Start your Armenian company today.
Tell us about the business, and a specialist replies within one business day: LLC, regime or a different flag, with a timeline and a fixed quote.An Armenia specialist will reply within one business day with a recommendation, a timeline and a fixed quote.