Company Registration Armenia (LLC)
Company Registration Armenia (LLC) is a limited liability company registration package in Armenia. Armenia during the past years has highly advanced their financial and economic infrastructure in order to attract more foreign businesses.
Armenia is very welcoming to both new and already developed foreign companies with low tax rates and great business operation possibilities.
Description of Armenia Limited Liability Company:
- Liability limited to shares;
- No paid-up share capital requirements;
- Small businesses with annual sales of less than approx. $240,000 can choose to be taxed on their sales (not profits) at lower rates (5% for services, around 2% for trading, etc.). This tax (“turnover tax”) replaces both the CIT and the VAT;
- Microbusinesses with annual sales of less than approx. $50,000 are generally exempt from taxes;
- New companies operating in the IT area can be exempted from CIT (currently until Dec. 31, 2022, unless extended by law);
- No minimum capital requirements;
- No restrictions on foreign owners/directors;
- Registrations can be done fast (same day or next business day) and can be done remotely with a power of attorney;
- Path to residency and, eventually, citizenship;
- Strict bank confidentiality laws.
The Company Registration Armenia (LLC) Package include the following services:
- Preparation of all documents
- Armenia limited liability company formation
- Registered address and contact person for 1 year
- Apostilled company registration certificates
- Documents sent via DHL
- Full support
Documents required for Company Registration Armenia (LLC):
For individuals:
- Notarized and apostilled passport copy;
- Notarized and apostilled power of attorney.
If shareholder is a legal person:
- Notarized and apostilled company extract (visible directors, shareholders and ultimate beneficial owners)
- Notarized and apostilled power of attorney.
Documents required for Armenian company bank account:
- Passport copy of all directors and shareholders.
- Utility bill not older than 3 months.
- CV of the company management.
- Business plan.
Banks may request additional documentation from case to case. Due to the AML regulations, please note that we do not guarantee bank account opening as the ultimate decision regarding bank account opening depends on the particular bank’s decision.
Note: All documents in a foreign language must be translated into English and certified by a qualified translator.
Additional information about Armenia limited liability company registration, document requirements and overall details of Armenia jurisdiction you can find here