ATTRIBUTION

QUALITY
QUALITY

we always aim to provide highest quality services to our clients by adhering to applicable laws and regulations

CLARITY
CLARITY

clear communication is the essential asset of our Company’s staff. We aim to always explain in easy and clear manner complicated regulations

INTEGRITY
INTEGRITY

all our services are provided in full and transparent manner with full accountancy to our clients

OUR SERVICES

We allow you to start without having to worry about making a mistake, as we use our outstanding experience.

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WHY CHOOSE US

OPERATIONAL EXCELLENCE

Company  provide outstanding service through teamwork, accountability and innovation of which is reflected.

CONTINUOUS IMPROVEMENT

Teamwork, experience, accountability and innovation – all of which is reflected in the quality of our results.

INNOVATIVE SOLUTIONS

Experience, accountability and innovation – all of which is reflected in the quality of our results.

CERTIFIED EXPERTS

We give our clients hard-hitting answers and focus hard on the best opportunities.

TARGETING AND POSITIONING

Before we talk destination, we shine a spotlight across your organization to fully understand its business.

PERSONAL APPROACH

We help entrepreneurs get their act together before they talk to investors. Personal approach is a key in our consultation service.

WHAT PEOPLE SAY

Find out why people love working with Tower International Consultants

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Frequently asked questions

The promotion of business development and investments is one of the key pillars of Armenian economic policy. In that reason the development of Armenian legislation and state policy is carried out in a way that laws applied to foreign investments cannot be less favorable than the laws applied to the business activities of Armenian residents.

In particular, foreign businessmen are entitled in the same extent and manner as Armenian residents to

  1.         Establish a fully foreign-owned company (including representatives, affiliates and branches), or purchase an existing company;
  2.         Become a participant or a shareholder of an existing resident company.

It should be noted as well that there is no limitation on the sectors or type of business activity which foreign investors can carry out in Armenia.

There is no minimum amount for the capital during the registration of legal entity.

Starting from 1 January 2019 the employer will need to obtain a work permit for hiring a foreign worker in Armenia. According to the defined procedure under Ra law “On Foreigners”, the employers have to apply first to the RA Ministry of Labor and Social Affairs to fill the vacant position with Armenian citizen. If the Ministry fails to offer suitable candidate for the position or the employer refuses the candidacy, the employer can apply to the Ministry to receive work permit for a foreign citizen.

Based on the obtained work permit, the foreigner can apply for receiving a temporary residency permit which is provided for 1 year period and is renewable.

Armenia has signed double taxation avoidance treaties with 46 countries as of 2018, including Republic of Austria, Lebanese Republic, China, United Arab Emirates, Lithuania, Romania, Belarus, Luxembourg, Russia, Belgium, Croatia, Serbia, Bulgaria, Canada,  Syrian Arab Republic, Federal Republic of Germany, Cyprus, Slovak Republic, Estonia, India, Slovenia, Thailand, Hellenic Republic, Georgia, Turkmenistan, Hungary, Tajikistan, Indonesia, Kazakhstan, Ukraine, Ireland, United Kingdom State of Kuwait, Spain, Moldova, Qatar, Italy, Netherlands, Finland,  Iran, Sweden, France, Latvia, Swiss Confederation, Poland, Czech Republic.

Starting from January 2015, Armenia has been a member of Eurasian Economic Union which includes also Belarus, Kazakhstan, the Kyrgyz Republic and Russia. Within the territory of Eurasian Economic Union and between its member states, there is a free movement of goods, services, capital and labor. It means that there is a common tariff and non-tariff regulations applicable to all the member states of Eurasian Economic Union.

Office location in Yerevan