Tower International Consultants
  • Home
  • About
    • Company
    • Staff
    • Founder
  • Services
    • Accounting
    • Tax
    • Legal
    • Business
    • For IT companies
  • News
  • Partners
  • Contacts
  • English
    • Русский
Site Logo

Excise Tax Rates are increasing by 10%

22 Mar
Posted by: Tower International Consultants
Category: Business
No Comments
Taxes in Armenia

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 taxation and is applied at the rate of AMD 8,330 per 1000m3.

The new excise tax rates will be applicable from 1 May 2016. Please contact Tower for more details.

Tags: accounting armenia, armenia taxes
Recent News
IT growth in Armenia

Armenian IT growth

Business, Investments

In independent Armenia, the IT sector gained momentum again in the late 1990s, and most companies were foun...

Yerevan, Armenia

Business growth & investmen...

Analytics, Business, Investments

Armenia is a hidden gem, a cultural and historical center, that is already shifting to an attractive destin...

Residential building in Yerevan

The future of construction busin...

Business, Economy

The construction of new apartment buildings, which have significantly increased in previous years, was main...

woman-working-with-laptop-outdoor

Tech segment’s growth impa...

Business, Economy

Тhe hi-tech industry is the fastest growing economic industry in Armenia. ‎Last year, the turnover of Armen...

Business Center and Mall in Yerevan, Armenia

Entity registration in Armenia 2022

Legislation Updates

Upon a decision to found a company in Armenia many investors come across the thought of whether to handle t...

Entity registration in Armenia

ABOUT US

Tower is an Accounting, Tax outsourcing and Legal consulting company whose staff have a proven track record of over 20 years in successfully assisting local and international companies doing business in Armenia. We provide value-added solutions for business in accordance with the business customs and practices in Armenia and in compliance with the law. Our commitment to Quality, Clarity and Integrity has helped us to build solid relationships in the business community in Armenia. Tower's charges are very competitive

Contact Us

6/4 Abelyan Street, TGA Business Centre, 4th Floor, 0038 Yerevan, Armenia
Phone: +374 12 571 631
[email protected]
09:00 — 18:00
Copyright © 2022 Tower International Consultants © 2010 - 2022 | Business advisory, accounting and tax outsourcing in Armenia