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Expert legal perspectives, business insights, and regulatory updates from the RETRIEVE team.
Showing 1–12 of 117 articles · Page 1 of 10
Remote Work Agreements in Armenia: Legal Requirements and Tax Implications
Lia Nikoghosyan, Senior Attorney Armenia has become a popular base for remote work — for Armenian companies formalizing hybrid arrangements and for foreign companies hiring local talent without opening an office. Both scenarios are legal, but both are governed by specific rules: the Labor Code sets out how a remote-work agreement must be documented, a 2024 …
Legal Framework and Practical Steps Larisa Petrosyan Attorney at Law Trade secrets can be one of a company’s most valuable—and often overlooked—assets. A unique business strategy, customer list, formula, manufacturing process, pricing model, or technical know-how can give a company a competitive edge. But keeping such information behind closed doors is not enough. In Armenia, businesses …
Lia Nikoghosyan, Senior Attorney There is no “at-will” employment in Armenia. An employer cannot dismiss a staff member simply because the relationship isn’t working out — every employer-initiated termination must rest on one of the specific grounds in the Labor Code of the Republic of Armenia, and must follow the notice, documentation, and payment rules attached …
Mergers & Acquisitions in Armenia: Legal Process, Due Diligence and Key Risks
Buying or selling a business in Armenia usually comes down to one of two structures — a share deal or an asset deal — executed by notarized transfer and registered with the State Register of Legal Entities. Above certain size thresholds, it also needs clearance from Armenia’s competition authority before it can close. Most deals …
How to Register Your Address in Armenia as a Foreign Resident
What you need to bring depends on your relationship to the property. Below are the three situations foreign residents most commonly encounter. 1. If you are registering as the property owner 2. If you are registering under a lease agreement Regardless of citizenship, to register your preferred address under a lease, you generally need to …
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, …