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
- Establish a fully foreign-owned company (including representatives, affiliates and branches), or purchase an existing company;
- 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.