Andersen in Armenia

13/08/2026

The new Bankruptcy Code, adopted on June 18, 2026, introduces significant changes to Armenia’s insolvency framework, including new preventive restructuring tools, enhanced creditor protections, financial recovery mechanisms, pre-packaged enterprise sales, and cross-border insolvency regulations.

Our latest client note provides an overview of the key provisions and what they may mean for businesses, creditors, and other stakeholders.

For further information or to discuss how the new Bankruptcy Code may affect your business, contact us at [email protected].

📄 Read the full client note:

The new Republic of Armenia Bankruptcy Code, adopted on June 18, 2026, and effective July 3, 2027, establishes a new insolvency legal framework. Key highlights include a statutory 1-year window for filing applications, an AMD 5,000,000 minimum threshold for actual insolvency claims, and a comprehens...

11/08/2026

[English below]

Ուրախ ենք տեղեկացնել, որ մեր թիմի իրավաբանական աջակցությամբ, Կենտրոնական բանկի 28.07.2026-ի թիվ 212-Ա որոշմամբ «Պլատան Կապիտալ Մենեջմենթ» ՍՊ ընկերությունը ստացել է ներդրումային ծառայությունների մատուցման լիցենզիա։

Մեր թիմի կողմից իրականացվել է լիցենզավորման գործընթացի ամբողջական իրավաբանական աջակցությունը՝ ապահովելով անհրաժեշտ փաստաթղթերի պատրաստումն ու արդյունավետ համագործակցությունը ՀՀ կենտրոնական բանկի համապատասխան ստորաբաժանումների և աշխատակիցների հետ։

Շնորհավորում ենք ընկերության հիմնադիրներին այս կարևոր ձեռքբերման կապակցությամբ և հպարտ ենք, որ նպաստել ենք Հայաստանի կապիտալի շուկայի զարգացմանը։
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We are pleased to inform you that with the legal support of our team, by the Decision No. 212-A of the Central Bank dated July 28, 2026, "Platan Capital Management" LLC has received a license for the provision of investment services.

Our team provided comprehensive legal support for the licensing process, ensuring the preparation of the necessary documents and effective cooperation with the relevant departments and employees of the Central Bank of the Republic of Armenia.

We congratulate the founders of the company on this important achievement and are proud to have contributed to the development of Armenia's capital market.

06/08/2026

Recent amendments to the Law on Joint Stock Companies have introduced significant changes aimed at strengthening the protection of minority shareholders' rights in Armenia.

The new framework expands the circumstances in which minority shareholders may require a company to repurchase their shares, introduces new rules for the valuation of shares, and raises important legal and practical considerations for companies, shareholders, and investors.

While these amendments enhance shareholder protection, they also create new compliance obligations and potential legal risks that should be carefully assessed before undertaking corporate or investment transactions.

In our latest Client Note, we examine:

• Expanded minority shareholder rights
• The concept of a controlling shareholder
• New requirements for share valuation
• Key legal and practical issues arising from the amendments
• Considerations for companies and investors moving forward

Read the full Client Note here:

Recent amendments to the Law on Joint Stock Companies (the “Law”) have entered into force with the primary objective of strengthening the protection of minority shareholders’ rights. Under the new rules, minority shareholders are granted the right, in certain circumstances, to require the comp...

30/07/2026

FIDIC contracts are widely used for major construction and infrastructure projects worldwide, providing a structured framework for allocating responsibilities, managing risks, and resolving disputes.

In our latest client note, we explore the key features of FIDIC contracts, including:
• The FIDIC Rainbow Suite and the differences between the Red, Yellow, and Silver Books;
• Risk allocation and contractor obligations;
• The role of Engineers, Employer’s Representatives, and DAABs;
• Payment adjustments, delays, and extensions of time;
• The application of Armenian law to FIDIC contracts.

Understanding these contractual frameworks is essential for employers, contractors, investors, and other stakeholders involved in complex projects.

For further information or to discuss your specific needs, contact us at [email protected]

Read our full client note to learn more 👇

FIDIC contracts are internationally recognized standard forms used to procure and deliver major construction and infrastructure projects, including roads, railways, airports, ports, power plants, water facilities, and other large-scale developments. This note focuses on FIDIC Contracts and explores....

24/07/2026

🏛️ Andersen in Armenia recently acted as legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with its public offering of AMD 5 billion bonds due 2029 in Armenia.

The bonds are denominated in Armenian drams (AMD) and carry an annual floating coupon linked to the coupon rate of 6-month Government bonds. The offering was underwritten by Converse bank, with the bonds allocated through an auction on the Armenia Securities Exchange (AMX).

🤝 We are pleased to have supported the EBRD on this transaction and to contribute to the continued development of Armenia's capital market.

23/07/2026

Intellectual property is often one of a business's most valuable assets - but effective protection starts long before a dispute arises.

Our latest Client Note: Overview of Armenian IP Law provides a practical guide to Armenia's intellectual property framework, covering trademarks, patents, industrial designs, copyright, trade secrets, and other IP rights. It also explains key registration principles, international protection routes, enforcement mechanisms, and practical steps businesses can take to protect and enforce your IP rights in Armenia.

This Client Note offers practical insights for businesses seeking to protect and manage their intellectual property assets.

Read the full Client Note to learn more.

If you have any questions or would like to discuss how these issues may affect your business, please feel free to contact us at [email protected].

Armenian law protects the full range of intellectual property rights, on terms familiar to international businesses. What goes wrong is rarely the law itself, it is the order in which steps are taken. This note sets out what can be protected in Armenia, how, on what timeline, and the available enfo...

23/07/2026

Staying ahead of legal and regulatory developments is essential for making informed business decisions.

Our latest Alert covers several important developments in Armenia, including:
• Proposed rules on the refund of overpaid or mistakenly paid insurance premiums under the Universal Health Insurance framework.
• A draft law introducing mandatory registration of mobile phone IMEI codes.
• The adoption of Armenia's new bank resolution regime.
• The official recognition of leading international green building certification systems, including LEED, BREEAM, EDGE, WELL and Passive House.

Read the latest Legal Alerts to stay informed about the changes that may impact your business.👇

The Government is considering a draft decision approving the procedure for the refund of insurance premiums that have been overpaid or payments mistakenly made where no insurance premium liability exists under the framework of the Universal Health Insurance system (hereinafter referred to as the "De...

09/07/2026

Cybersecurity is no longer just an IT issue it is increasingly becoming a legal and regulatory priority.

With the adoption of Armenia's new Law "On Cybersecurity," organizations operating in critical sectors may now face new obligations, including cyber incident reporting, cybersecurity audits, and compliance with recognized cybersecurity standards.

In our latest client note, we examine:
🔹 Who the Law applies to
🔹 Key compliance requirements
🔹 Penalties for non-compliance
🔹 Important implementation deadlines

Read the full client note to understand how the new cybersecurity framework may impact your business and the steps organizations should take to prepare.

In recent years, cybersecurity has evolved from being solely a technological concern into a key security priority. While the implementation of cybersecurity measures was once regarded primarily as a matter of good governance and effective risk management, it is increasingly becoming a legal obligati...

06/07/2026

We are excited to share that three of our colleagues have been promoted!

These well-deserved promotions reflect their dedication, professionalism, and commitment to delivering exceptional service to our clients.

Congratulations to:
• Gayane Ghushchyan – promoted to Associate
• Zhanna Chakhalyan – promoted to Junior Associate
• Taron Nazaryan – promoted to Junior Associate

We are proud to celebrate this important milestone and look forward to seeing Gayane, Zhanna, and Taron continue to grow and contribute to our team's success.

02/07/2026

Armenia continues to refine its legal and regulatory framework through a series of significant legislative developments affecting both businesses and investors.

Our latest legal update covers key changes in:

• Public procurement procedures
• Banking resolution legislation
• The new investment framework
• Tax liability collection
• Investment-based tax residency
• Trade regulations on cement imports
• State property management measures
• Civil procedure reforms

These developments are expected to have a meaningful impact on companies operating in Armenia, investors, financial institutions, and legal practitioners navigating the evolving regulatory landscape.

Read the full legal alert for a detailed overview of the latest reforms and what they may mean for your business.

📩 Have questions about how these developments may affect your business? Get in touch with our team at [email protected].

The Armenian Parliament adopted at the first reading the draft law on amendments to the Law on Procurement (hereinafter referred to as the "Law").