Frequently Asked Questions
How to register a business in Armenia and how long does the registration process take?
The registration process is carried out by the Agency for State Register of Legal Entities of the Ministry of Justice of the Republic of Armenia.
Address: 49/3 Komitas st., Yerevan 0051, Armenia,
E-mail address: firstname.lastname@example.org
As well as, the United Office for Public Services is operating at 3 Vazgen Sargsyan Street, where you can apply on weekdays ( from Monday to Friday) from 09:00 to 18:00 (break: 14:00-15:00).
More detailed information on the registration process here.
How can foreign citizens get the right to work in Armenia?
The easiest way to register a non-resident in an Armenian company is to conclude a civil-law contract for the provision of services with him.
To conclude an employment contract with an employee, the employee must have a residence permit in the Republic of Armenia.
The relations of foreigners entering the Republic of Armenia, staying and residing in the territory of the Republic of Armenia, transit through the territory of the Republic of Armenia, leaving the Republic of Armenia, as well as other relations with foreigners are regulated by the RA Law on Foreigners.:
A unified electronic https://workpermit.am/ru/home operating for foreigners to get work permits.
The website is an electronic work permit system for foreigners, which allows the employer wishing to hire a foreign employee to complete online job registration and hire the preferred candidate, documenting according to the procedure established by the latter. The unified electronic platform for attracting foreign employees has been created and is administered by the Migration Service of the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia.
In accordance with the Treaty on the EAEU, citizens of the Member States of the Eurasian Economic Union and members of their families are exempted from the need to obtain a work permit in the Republic of Armenia throughout the entire period of their employment.
What benefits are provided to FEZ resident companies?
In order to develop the ICT sector, the Government of the Republic of Armenia has established a number of benefits, which are enshrined in the legislation of the Republic of Armenia and relevant resolutions of the Government of the Republic of Armenia. In particular:
RA Law “On State Support in the Field of Information Technology”, link here
Decree of the Government of the Republic of Armenia No. 399-L of March 24, 2022 “On approval of the procedure for providing state support to commercial organizations and individual entrepreneurs in the field of Information Technology”, link here։
How to buy or rent an apartment in Armenia?
If you have any questions about buying or renting real estate, you can use the websites of the RA Cadastre Committee.
Announcements for the sale and rental of real estate can be found on the following sites:
Can foreign citizens open online accounts in Armenian banks?
Most of the commercial banks of the Republic of Armenia have internet banking systems and mobile applications that allow legal entities to open foreign currency accounts. The list of commercial banks of the Republic of Armenia can be found here.