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Expert legal perspectives, business insights, and regulatory updates from the RETRIEVE team.
Showing 1–12 of 112 articles · Page 1 of 10
How to Add or Remove a Shareholder in an Armenian LLC:
Step-by-Step Legal Process As we know, relations concerning limited liability companies in the Republic of Armenia are regulated by a variety of legal acts, among which the key ones are the Civil Code of the Republic of Armenia, the Law of the Republic of Armenia “On Limited Liability Companies,” and the Law of the Republic …
Taxes in Armenia: The Ultimate 2026 Guide for Businesses and Individuals
Lia Nikoghosyan, Senior Attorney Armenia taxes companies at a flat 18% on profit, individuals at a flat 20% on most income, and applies VAT at 20% once a business crosses AMD 115 million in annual turnover. Beyond those headline numbers, 2026 has brought two changes that catch almost everyone off guard: a near-universal personal income …
How to Convert an LLC to a Joint-Stock Company (JSC) in Armenia: Legal Requirements and Timeline
Anahit Petrosyan, Attorney at Law As businesses grow, their legal structure may no longer meet their operational or investment needs. One common corporate restructuring option in Armenia is converting a Limited Liability Company (LLC) into a Joint-Stock Company (JSC). This type of reorganization allows a business to attract investors more easily, issue shares, improve its corporate …
How to Renounce Armenian Citizenship: Process and Implications
Renouncing Armenian citizenship is a formal legal procedure through which an individual applies to the competent state authorities to terminate their citizenship of the Republic of Armenia. Individuals may choose to renounce Armenian citizenship for various reasons, including acquiring the citizenship of another country, permanently relocating abroad, personal or family circumstances, or changes in their …
Corporate Bank Accounts in Armenia for iGaming Support Companies
Armenia is becoming an attractive base for international iGaming technology teams. Software development, platform maintenance, customer support, risk management, marketing and other operational functions can all be organised through an Armenian company. Registering that company may be straightforward. Opening its corporate bank account is usually where the real questions begin. Banks tend to treat any …
How to Register a Patent in Armenia: Step-by-Step Guide (2026)
Larisa Petrosyan Attorney at Law Michael Hovhannesyan Senior Partner, Attorney at Law Protecting your invention with a patent is one of the best ways to secure exclusive rights and prevent others from using your innovation without permission. In Armenia, patents are issued by the Intellectual Property Office under the Ministry of Economy. While the registration process involves …
Why Armenian Banks Reject Corporate Bank Account Applications and How to Fix Them
Registering a technology company in Armenia can be surprisingly quick. Opening its bank account is often the harder part. This can be frustrating. You have a properly registered company, a legitimate product, real clients and funding – and yet the bank asks another round of questions or rejects the application without a detailed explanation. Usually, …
Armenian Visa Types: Business Visa, Tourist Visa, and e-Visa Guide (2026)
Before travelling to the Republic of Armenia, it is important to familiarize yourself with the entry visa requirements and the applicable legal framework. What is an Armenian Entry Visa? An Armenian entry visa is an authorization issued by the competent state authority of the Government of the Republic of Armenia that grants a foreign national …
Key Amendments to Armenia’s Law on Foreigners: New Quota System, Work Entry Visa and Updated Residence Rules
Larisa Petrosyan Attorney at Law Michael Hovhannesyan Senior Partner, Attorney at Law The Republic of Armenia is introducing a set of important amendments to the Law on Foreigners and the Law on State Duty, which will enter into force on 1 November 2026. These changes significantly reshape the current framework for hiring foreign employees, obtaining residence permits, …
Armenia's iGaming Market: Legal and Tax Requirements for B2B and B2C Companies
In recent years, many of us have noticed the rapid expansion of various betting, gambling, and lottery-related services in the Armenian market. But how and when did this story begin? What path did the industry follow, and what lies behind its success? The answer is iGaming. The Rise of the iGaming Industry in Armenia The …
Larisa Petrosyan
Larisa Petrosyan is a Junior Lawyer at Retrieve Legal & Tax and a dedicated legal professional specializing in corporate, contract, and employment law. Larisa advises companies and individuals on a broad range of legal matters, with a focus on delivering clear, practical, and commercially sound solutions. She combines strong academic training with a pragmatic, solution-oriented …
Key Compliance Risks for iGaming Companies Operating in Armenia
Levon Aghabalyan Junior Lawyer Michael Hovhannesyan Senior Partner, Attorney at Law A legal analysis for operators entering or currently active in the Armenian market Armenia has spent the better part of four years turning what was once a permissive gambling market into one of the most heavily regulated in the South Caucasus. The process has not been …