The trade and retail sector in Armenia is rapidly developing, attracting both local entrepreneurs and international brands due to growing consumer demand and a favorable position within the Eurasian Economic Union (EAEU). However, success in this industry requires strict compliance with complex legal regulations and the development of effective business strategies. Tower.am, based in Yerevan and fully compliant with the Republic of Armenia’s legislation, has been providing legal and consulting services since 2007. Our expertise helps trading companies, stores, and online retailers overcome legal challenges and achieve sustainable growth.
In this article, we’ll explore how Tower.am’s services support businesses in trade and retail, the challenges they address, and why we are your trusted partner in Armenia.
Armenia’s trade and retail market offers numerous opportunities but comes with unique challenges. Companies face:
Regulatory Requirements: From product certification to consumer rights compliance, the legal framework demands precision.
Competition: Standing out among numerous retail and online stores requires a clear strategy and legal protection.
International Trade: Importing and exporting goods, especially within the EAEU, involves customs and certification procedures.
Tower.am provides comprehensive solutions that minimize risks, ensure legal security, and support the development of your trading business.
We offer specialized legal and consulting services tailored to the needs of trading companies and retailers. Our key offerings include:
Certification and Licensing: Assistance in obtaining compliance certificates for products and licenses for trading activities.
Customs Clearance: Legal support for importing and exporting goods, including adherence to EAEU regulations.
Contract Law: Drafting and reviewing contracts with suppliers, distributors, and buyers, including international agreements.
Consumer Rights Protection: Consultation on compliance with consumer rights legislation and resolution of claims.
Dispute Resolution: Representation in administrative and judicial proceedings related to trade or regulatory violations.
Strategic Planning: Developing business strategies for opening new stores, expanding networks, or launching online sales.
Market Analysis: Researching consumer preferences, competitive landscape, and growth opportunities.
Financial Consulting: Optimizing taxes, managing financial risks, and securing investments.
Digital Retail: Recommendations for launching and promoting online stores, including SEO and e-commerce compliance.
These services provide your business with legal protection and a strategic advantage in a competitive environment.
In 2024, a company that launched an online store selling Armenian food products approached Tower.am. The main challenges included non-compliance of imported goods with certification requirements, lack of clear contracts with suppliers, and difficulties with customs clearance. Additionally, the company aimed to scale sales to EAEU countries.
Tower.am’s team promptly:
Facilitated the product certification process, ensuring compliance with standards in just 10 business days.
Prepared customs documents, minimizing costs and delay risks.
Developed contracts with suppliers, protecting the store from supply disruptions.
Our consultants also conducted a market analysis, helping the company adapt its product range to demand in Russia and Kazakhstan, increasing exports by 20%. As a result, the store successfully expanded sales and avoided fines. This case demonstrates how Tower.am helps retailers achieve success.
By choosing Tower.am, you gain a partner who understands the intricacies of trade and retail. Our strengths include:
Legal Compliance: All services strictly adhere to Armenian laws and EAEU standards.
Industry Expertise: Over 15 years of experience working with trading companies, stores, and online retailers.
Tailored Approach: We craft solutions aligned with your goals and business specifics.
Multilingual Support: Services in Armenian, Russian, and English for the convenience of international clients.
Transparency: Clear processes with no hidden fees.
Ready to elevate your trading business? Tower.am is your guide to success in Armenia’s retail sector. Contact us now:
Phone: +374 12 571 631
Email: info@tower.am
Address: 38/3 Komitas Ave, 3rd Floor, Room B-3, Yerevan, Armenia, 0051
Submit a request, and our experts will develop solutions to ensure your business’s legal security and growth!
Selling goods requires compliance certificates and, in some cases, phytosanitary documents. Tower.am assists in obtaining them.
We provide consultation on consumer rights legislation and help resolve claims, minimizing reputational risks.
Armenia offers tax incentives for certain trading projects, including VAT exemptions. We provide guidance on how to apply these benefits.