Consumer Rights
56 articles found
Piercing the Corporate Veil: Balancing Limited Liability with Accountability in Armenia
The concept of the corporate veil is a fundamental principle in business law that grants a corporation limited liability, protecting its shareholders from personal liability for the company’s debts and obligations. However, there are circumstances where this veil can be pierced, allowing creditors and plaintiffs to hold shareholders personally responsible for the corporation’s actions. We …
Double Taxation in Armenia: Rules, Treaties, and How to Protect Your Income
For individuals living abroad while earning income in Armenia, or Armenian residents receiving income from foreign sources, double taxation is a very real financial risk. The same income can legally be taxed twice – once where it is earned, and once where the taxpayer resides – unless the right mechanisms are in place to prevent …