Retrieve Legal & Tax

03/10/2025

In Armenia, payroll is governed by statutory rules requiring employers to withhold 20% income tax, mandatory pension contributions, and military stamp duty from employees’ gross salaries. Net pay is calculated after these deductions. Employers remain responsible for accurate withholding, reporting, and timely remittance to tax authorities, with penalties applicable for non-compliance.

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Payroll in Armenia includes everything from how salaries are paid to taxes and social contributions deducted from earnings. Understanding this is essential for employers, employees, and anyone curious about how take-home pay is calculated. Salaries and Payroll Basics  The minimum gross salary in Ar...

29/09/2025

Upon registering a company in Armenia, businesses may choose between the General Tax Regime (VAT + CIT) and the Turnover Tax Regime, subject to specific eligibility criteria. Proper selection and timely filing can significantly reduce tax obligations. Read more to understand your options and potential benefits.

After registering a company in Armenia, businesses benefit from a structured choice between the general tax system (VAT + CIT) and the simplified turnover tax regime (replaces the VAT and CIT for LLCs and JSCs; and replaces VAT for individual entrepreneurs). Choosing the most suitable tax regime can...

17/09/2025

Հայաստանում շատ ձեռնարկատերեր գրանցում են ընկերություն՝ առանց նախապես ողջ գրանցման գործընթացը հասկանալու, ինչը կարող է հանգեցնել խնդիրների և ֆինանսական կորուստների։ Այս ուղեցույցում ներկայացված են ամենահաճախ հանդիպող սխալները, որոնցից անհրաժեշտ է խուսափել՝ ընկերություն գրանցելիս։

#Ընկերությանգրանցում #Բիզնես #Ստարտափ #Ձեռնարկատեր #Բիզնեսխորհուրդներ #Գրանցմանսխալներ #Իրավաբանականխորհուրդներ #Հարկայինխորհուրդներ #Ներդրում #ՍՊԸ #ԱՁ #ԲԸ

6 ամենատարածված սխալները Հայաստանում ընկերություն գրանցելիս Հայաստանում շատ ձեռնարկատերեր գրանցում են ընկերություն՝ առանց նախապես ողջ գրանցման գործընթացը հասկա...

09/09/2025

This article explores the three main corporate forms in Armenia—LLC, JSC, and PE—examining their legal structure, liability rules, governance requirements, and practical advantages and drawbacks to help business owners choose the most suitable option.

Starting a business in Armenia comes with an important first step: choosing the right corporate form, which will later shape the company’s taxation, liability, and governance. For most, the choice comes down to three options: Limited Liability Company (LLC), Joint Stock Company (JSC), or Private E...

04/09/2025

From LLCs to JSCs, Armenia offers a transparent and efficient path to company registration, free of state duty fees and completed in just a few days. With the right legal guidance, you can navigate documentation, compliance, and tax choices with confidence—our experts are here to support you every step of the way.

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In 2023, as much as 90% of the venture capital in Central Asia and South Caucasus was invested in Armenia. With its freedom of economic competition, transparent legal framework, attractive benefits and profits, Armenia is rapidly gaining recognition as an attractive destination for entrepreneurs and...

18/08/2025

Retrieve Legal & Tax Honored as 2025 Outstanding Law Firm

We are thrilled to announce that Retrieve Legal & Tax has been honored as the 2025 Outstanding Law Firm by The Lawyers Global in Armenia! This prestigious award recognizes our unwavering commitment to excellence in legal and tax services. Thank you to our dedicated team and valued clients for making...

25/07/2025

Our company has officially joined the Armenian British Business Chamber - ABBC !

We are delighted to announce that our firm has officially become a member of the Armenian British Business Chamber (ABBC). This step is an important milestone for us, reflecting our dedication to expanding our network, building strong professional connections, and contributing to a dynamic business....

23/06/2025

Foreign nationals seeking employment in Armenia must obtain a work permit, sponsored by their Armenian employer, unless they are exempt under EAEU agreements or have a specific legal exception. Entrepreneurs operating their businesses are not subject to work permit requirements but must hold valid residence status. Noncompliance with labor or immigration regulations may result in administrative penalties.

Find more information on this and related topics in our article👇👇

If you plan to work in Armenia as a foreigner, you may need to obtain a separate work permit in addition to your residence permit. Work permits are relevant for foreigners who will be formally employed by an Armenian company. Here are the key points to know: Who Needs a Work Permit? Generally, any f...

20/06/2025

Armenia’s pro-business legal framework, liberal residency regime, and investor-friendly policies make it an increasingly attractive jurisdiction for foreign entrepreneurs and high-net-worth individuals seeking a stable base with a clear path to long-term residency and citizenship.

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Armenia has emerged as an inviting destination for business owners and investors. The country boasts a rapidly growing economy (8.7% GDP growth in 2023) and a pro-business climate. Setting up a company is straightforward – there are low taxes and simplified registration procedures – and there is...

16/06/2025

Understanding and complying with Armenia’s Law on the Protection of Economic Competition is no longer optional—it’s a legal necessity and a strategic safeguard. From anti-competitive agreements to merger control, this article breaks down key legal risks, regulatory thresholds, and compliance strategies for operating confidently within Armenia’s evolving market economy.

The Armenian competition law framework builds upon international best practices while addressing the specific needs of Armenia’s developing market economy. The law is administered by the Competition Protection Commission (CPC), an autonomous body with significant investigative and enforcement powe...

15/05/2025

Under the oversight of the Central Bank of Armenia, Armenia’s investment fund framework offers global investors a secure and adaptable environment. Featuring protections against nationalization and versatile structures—contractual or corporate, public or private—funds benefit from streamlined registration and diverse categories, positioning Armenia as a compelling choice for fund managers.

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As Armenia’s financial market continues to grow, investment funds are gaining traction as a structured and regulated way to pool capital and make diversified investments. What is an investment fund under Armenian law? An investment fund in Armenia is defined as a legal entity or a pool of assets m...

05/05/2025

Healthcare professionals deserve legal partners who understand their world. Our collaboration with Լաբորատոր Բժշկության Հայկական Ասոցիացիա reflects our dedication as a law firm focused on the healthcare sector. Together, we strengthen the foundation of care.

This partnership marks a significant step in our ongoing mission to provide trusted legal guidance to medical and scientific professionals. Together, we aim to promote better legal awareness and provide tailored support to those working in laboratory medicine in Armenia.
We look forward to the opportunities this collaboration will bring!