Prime Minister of Armenia Nikol Pashinyan received the delegation led by Minister of State of the United Arab Emirates, Co-chair of Armenian-UAE intergovernmental commission Ahmed Ali Al Sayegh on May 3. As ARMENPRESS was informed from the Office of the Prime Minister of Armenia, greeting the guests, the PM highlighted the 1st session of the Armenia-UAE intergovernmental commission held on May….
The service of opening bank accounts for companies registered outside Armenia has recently become very popular. This can be explained by several factors, in particular, by the fact that the currency legislation of the Republic of Armenia provides ample opportunities to transfer funds outside the country and by the fact that Armenian banks are quite….
The government of the Republic of Armenia in collaboration with governments of the EAEU countries and EEC organized annual business forum “Eurasian Economic Union: Armenia – Cooperation” in Tsakhkadzor from May 26 until May 29. The main theme of the forum was the discussion of EAEU export potential. A number of meetings took place which….
According to the results of the monitoring conducted by the World Bank at the beginning of 2017 Armenia has significantly strengthened its position in the international Doing Business ranking, rising from 43rd to 38th place from a list of 190 countries. We present brief information about the peculiarities of doing business through a legal entity,….
In the modern world the trade has gone beyond the borders of particular countries and gained international significance. Along with the development of markets and the emergence of new technical tools business entities in the Republic of Armenia gain an opportunity to enter into contracts and sell goods in foreign countries without any additional complexities. The Convention on….
The 1958 New York Convention on Recognition and Enforcement of Foreign Arbitral Awards regulates the peculiarities of recognition and enforcement of foreign arbitral awards in different countries. The Republic of Armenia joined the Convention in 1998. Adoption of this Convention has created a very positive background for extension of arbitration in relations among transnational business entities….
Foreign investors are defines as; foreign citizens, stateless persons, foreign legal entities, citizens of the Republic of Armenia residing out of the territory of the RA and international organizations which engage in investment in the Republic of Armenia. Foreign investment means any type of property, including financial resources and intellectual values, which is directly invested in….
04.05.2016 Video consultation with Vardan Khechyan Subject: Benefits of dual citizenship (video in Russian)
02.04.2016 Video consultation with Vardan Khechyan Subject: Tax responsibilities for businesses in RA (video in Armenian)
20.03.2016 Video consultation with Vardan Khechyan Subject: Tax responsibilities for businesses in RA (video in Russian)
The order of the purchases in the territory of the Republic of Armenia is regulated by the RA Law “On Procurements”. The merchant customer can be: Public administration and local government, State or local government agencies; The Central Bank of the Republic of Armenia; State or municipal non-profit organizations; Organizations that have more than fifty….
When carrying out activities in the field of business, many companies are faced with the need to expand the range of their activities. To do this most companies register additional branches and representative offices in the Republic of Armenia. According to the Civil Code of the Republic of Armenia, branches and representative offices are not….