Tower News

European partner for Tower

Tower was approached by a German consulting company wishing to expand its network in the CIS by opening a legal entity in Yerevan. Tower proceeded to register a company within 48 hours of receiving the paperwork. Tower will also look ... read more >>

New outsourcing win

In January 2018 Tower made contact with an Italian Construction company which had won a construction tender issued by the Municipality of Yerevan. Following discussions with the Italian construction company Tower signed a contract with them for providing ongoing accounting, ... read more >>

1 October 2017 | Tower gains new client – a German NGO

After providing considerable advice free of charge on setting up in Armenia, Tower has signed an Engagement for ongoing Accounting and Tax outsourcing services  with this International NGO. The NGO provides guidance and trainings in the field of Finance and ... read more >>

1 August 2017 | Legal Services for North American Mining Services Company

Having been satisfied by Tower’s preliminary setting up advice, this North American Mining Services Company has additionally engaged Tower to provide extensive LEGAL ADVISORY SERVICES. This has included the provision of assistance to some 40 overseas staff in applying and ... read more >>

15 May 2017 | New Client – Armenia Mining Sector

Starting from mid-2016 Tower has been providing Tax and Legal advice on a time basis to a north American mining services company which has contracted with one of the major mining companies in Armenia.  At the beginning of 2017 the ... read more >>

1 November 2016 | Tower is appointed accountant by an International construction company

Having followed the RA bidding process in the World Bank funded construction of new electric sub stations Tower has teamed up with one of the winning international construction companies and it will be providing its newly registered branch in Armenia ... read more >>

13 June 2016 | New Georgian Investor in Armenia

Tower’s services were chosen by a Georgian investor after a competitive bidding and Tower will register a new LLC and continue to provide accounting, tax and legal outsourcing services to the investor.  The main reasons for winning this new client ... read more >>

17 May 2016 | Tower is appointed accountant by an International IT company

Tower will be providing accounting and tax outsourcing services on an ongoing basis to an international innovative solutions provider. Tower is excited with this partnership which will surely grow into new achievements in this field for both parties.     read more >>

22 March 2016 | Excise Tax Rates are increasing by 10%

According to the changes made to the RA law “On Excise Taxes” the excise tax rates on alcoholic drinks, tobacco products and petrol have been increased by approximately 10%. In addition compressed natural gas has also become subject to excise ... read more >>

29 May 2015 | Tower is appointed accountant by two separate International Mining companies.

Tower will be providing accounting and tax outsourcing services on an ongoing basis to both these companies and additionally, one of these companies has asked Tower to conduct a Financial and Legal Review of the last two years of its ... read more >>