Banking & Finance
43 articles found
Leasing vs. Buying Property for Your Business in Armenia: Legal Insights
Making an informed decision between leasing and buying commercial property in Armenia requires a thorough understanding of the legal framework, rights, obligations, and economic implications involved. Deciding between leasing or buying property for your business in Armenia requires careful consideration of several factors, including financial capacity, long-term business goals, and regulatory requirements. Leasing offers flexibility …
How to Choose the Right Business Structure in Armenia in 2025
Armenia continues to be an attractive destination for entrepreneurs and foreign investors, thanks to its favorable tax regime, skilled workforce, and strategic location. Choosing the right business structure is a critical decision that affects taxation, liability, management, and growth potential. This article provides a concise overview of the available business structures in Armenia and the …
Licenses and Permits: Understanding Industry-Specific Requirements in Armenia
In Armenia, prior to engaging in business activities, it is essential to determine whether the specific type of business activity falls under regulatory control and requires a license. If a license is necessary, understanding the requirements and application process is crucial. Licensing serves as a state regulatory mechanism to ensure that certain activities, particularly those …
Step-by-Step Process for Registering an LLC in Armenia as a Foreigner
What is an LLC in Armenia? An LLC, or Limited Liability Company, is a commercial organization established by one or more persons, with its charter capital divided into shares as defined by its founding documents. It is the most common business structure in Armenia due to its flexibility, simplicity, and limited liability for its owners. …
How to Secure Your Investment: Foreign Investment Protection Laws in Armenia
Armenia has established itself as an attractive destination for foreign investment, offering legal protections and a business-friendly environment. Since its independence, Armenia has made significant strides to open its markets and offer strong legal protections for foreign investors. Here’s what makes Armenia’s legal framework particularly appealing for international investors. Armenia’s legal framework is quite liberal, …
Opening a Corporate Bank Account in Armenia: Requirements and Best Practices
Armenia has become an appealing destination for businesses seeking efficient and reliable banking solutions. The country’s well-regulated financial system and strategic location provide an ideal environment for companies looking to establish a corporate presence. Armenian banks support major foreign currencies, impose no or minimal fees for account opening and maintenance, and offer modern online and …
Armenian Banks and EU Sanctions: Why Russian-Related Transfers Face Compliance Barriers
Why Do Armenian Banks Carefully Review Russia-Related Transactions? In 2014, the European Union adopted Council Regulation No. 833/2014 (“Regulation”), imposing sanctions against Russia for well-known political reasons. Nearly a decade later, the regulation remains in effect, though its content and rules have evolved. Gradually, the Regulation started to include provisions that directly could apply to …