Company registration in Armenia

Name of service Bronze Silver Gold
Company name verification and reservation Verifying the availability and reserving of your preferred company name in the registry.
Registration of a company with the National Tax Service of the Republic of Armenia Preparation of documents and support in registering a company with the National Tax Service of the Republic of Armenia
Registration of a company in LLC format ("ԸՆԹ ՍՊԸ"), including state fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients.
Statutory documents of the company Preparing a comprehensive package of incorporation documents for any form of company ownership.
Number Assistance with a Tax Identification number registration Collecting, preparing and filing the necessary documents for obtaining a Tax Identification Number number
Company seal Production of the company seal
Support in opening a corporate account in Ameriabank, Ardshinbank, ACBA Bank Collection, execution and submission of the necessary package of documents for opening a corporate company account in a local bank
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need.
Total cost
600 USD 800 USD 1900 USD
Accounting services
200 USD 200 USD 200 USD
Provision of a legal address for 1 (one) year
500 USD 500 USD 500 USD
Remote company registration with transfer of authority
200 USD 200 USD 200 USD

Special offer

If you will register a company until December 31,
opening a bank account is for FREE

Send a request
6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Armenia is a small Asian country with a unique culture and a favorable business environment. Therefore, the jurisdiction is interested in attracting foreign capital, manifested, for example, through the simplified procedure of business registration and the availability of free economic zones. In addition, the jurisdiction may interest business people because of the following potential benefits.

Advantages of jurisdiction

If you intend to start a business registration in Armenia, the decision is potentially advantageous due to the following advantages offered by the country:

  • favorable geographic location (Armenia is adjacent to Georgia, Azerbaijan, and Turkey);
  • openness to European and Asian markets;
  • ease of starting a new business;
  • absence of requirements for the size of charter capital;
  • well-developed industry, agriculture, and construction;
  • no requirements for the presence of residents in the company;
  • provision of tax incentives.

Forms of legal presence and doing business

The establishment of a business in Armenia is possible in one of several forms:

  • A Limited Liability Company is the most flexible option to open a business in Armenia, in which the company participants are not liable beyond the amount of funds they have invested. Nevertheless, there are certain restrictions for the transfer of shares of the company, and such limits should be fixed in its constituent documents. There are no requirements for the amount of the charter capital. Even one participant can establish an LLC. A company of this type must also have one director of any residency. LLC must comply with pretty simple rules of accounting and reporting.
  • A joint-stock company is a legal entity that allows you to open a business in Armenia to issue and subscribe for shares. JSC can be of open or closed type. In an open JSC, shares can be offered to third parties and alienated without limitation. The number of participants is unlimited. In a closed JSC, shares are placed only among shareholders, and public offering to third parties is prohibited. There can be no more than 50 shareholders in a closed JSC. The amount of the authorized capital of JSC varies from 100 to 1000 minimum wages.
  • A branch is a variant of doing business under which a foreign company is allowed to conduct the same activities in Armenia as abroad. Registration of a branch is required. The option is beneficial because it will enable testing the advantages of the jurisdiction before opening a company in Armenia by investing large sums of money.
  • A representative office is a legal presence in which a foreign legal entity is prohibited from doing business. But it can analyze local markets, as well as promotional work. Registration of the representative office is required.

Company registration procedure

If you plan to open a company in Armenia, you can implement the business idea by going through the following steps:

  1. Determination of clear business priorities and selection of the most appropriate legal form.
  2. Collecting the documents and data required to register a new legal entity.
  3. Search and registration of a legal address for the new company.
  4. Drawing up registration and constituent documents.
  5. Preparation and filing of documents for review.
  6. Registration for tax and social insurance purposes.
  7. Opening of bank accounts for the new Armenian company.
  8. Obtaining additional permits and licenses.

Provide input on your business case for more detailed advice and to develop a customized enrollment plan.

Legislation and regulatory environment

Armenia's legal system is a continental law system. Foreigners and residents have equal rights to register Armenian companies and conduct business. Moreover, local legislation allows the establishment of legal entities without the participation of local citizens - foreigners may own 100% of the share capital. Sometimes it is possible to establish a company and open a bank account remotely.

Armenia's tax system

If you plan to open a company in Armenia, the decision should be evaluated along with the following parameters of the local tax system:

  • Corporate tax - 18%
  • PIT - 21%
  • VAT - 20%
  • (1) Dividends tax - 5% (2) Interest - 10% (3) Royalties - 10%
  • Capital Gains Tax - (1) corporate - see corporate tax (2) individual - 10% to 20%, depending on the type of income and also on the taxpayer.

You can provide Prifinance lawyers with preliminary transaction volumes for more detailed calculations and tax planning suggestions.

How Prifinance lawyers can assist

If you plan to open a company in Armenia, the lawyers of Prifinance are ready to accompany the process of implementing a business decision at all stages, including:

  • to analyze the situation and develop the most acceptable options for entering the Armenian market;
  • collect all the necessary data and documents;
  • hold meetings of the founders, as well as draw up all the documents required to establish a legal entity;
  • pay all the required registration fees;
  • prepare and submit the package of registration documents;
  • open bank accounts for the future Armenian company;
  • to accompany all the issues during the operation of the new company in Armenia, including all the necessary negotiations with the representatives of the local authorities.

Provide information and a list of your business objectives for more detailed advice and suggestions.

Cooperation

Our clients

PRIFINANCE COMPANY
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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
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 and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
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
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
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.
Anna AnnaAnna Anna
13:33 07 Feb 24
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 stress-free!
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 instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
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!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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