Advantages of production business in Armenia Located in western Asia, Armenia exported US$2.6 billion worth of products around the globe in 2019. With the highest GDP rate in all Europe (7.6% GDP growth and GDP CAGR to 2020 is 3.2% for Armenia vs. CAGR of 2.7% for global GDP), economic reforms, and “open door” policy,...
What we want to introduce in this article: What is important for entrepreneurs to start a high-tech business in Armenia Privileges for startups launching IT-related business in Armenia How can outsourcing consulting company impact on growth of the IT business in Armenia? What type of outsourcing services mainly necessary for Armenian high-tech businesses? How Tower...
In this segment, we want to introduce you to our legal services for Armenian companies which include legal outsourcing and due diligence: what benefits you will get by cooperating with legal advisory companies in Armenia, what the purpose of due diligence services are and other legal and business related issues. Every investor, wanting to invest...
Have you decided to invest and consider using consulting services in Armenia? We’ll show you the advantages of accounting outsourcing in Armenia as well as tax services in Armenia, how it happens to be profitable for your business, and why you should choose Tower as a partner. Important factors in making business partnerships in Armenia...
First of all, we should understand which sectors in Armenia have become more attractive to investors in recent years, what is the reason for this, and whether it is desirable to invest in those sectors in 2020․
Dear Tower Clients As you are aware, the Government of Armenia has introduced measures to restrict citizens from leaving their homes. As a company we were fully prepared, and our colleagues are all continuing their work from home, taking all steps to ensure that we remain 100% operational and continue providing all our services. I...
An Evening of Armenian Wine, Charles Aznavour Songs and Good time at Tower International Consultants – Yerevan, 2020 Client Event Last Friday, Tower International Consultants held its Clients’ Reception on the roof top restaurant of the “Yerevan Sky” Restaurant & Bar. The event was visually impactful and at the same time personable and intimate. The...
A few days ago the Parliament of Republic of Armenia passed a law in the area regulating the use and sales of tobacco products. This new piece of legislation, which is expected to enter into force in the near future, has had a stirring effect on Armenian society and has been widely discussed by all...
Any International Company that wants to expand and enter a new environment, conquer new heights and markets, faces many difficulties in learning the local laws, business and cultural customs. Surely, Companies may start hiring local professionals, with education and skills developed in areas of law, accounting and tax. The difficult part of recruiting professionals is...
Armenia’s accounting system is nothing short of complexity. Hence, to provide top notch accounting services in Armenia, Tower has been working for years to study the problems in the field and constantly refining the services, upgrading and delivering those in compliance with the legislation and regulation of the country. For accounting services and accounting outsourcing...
Tower International Consultants CJSC has been providing legal advisory services to a number of international companies in Armenia since 2007. Since then Tower has gained its unique place among various advisory companies by providing services on negotiation and mediation of disputes, state registration of legal entities, preparation and review of legal documents, contracts, and agreements....
Following the formation of a new government in Armenia in mid-2018, Tower International Consultants cjsc expects
Tower was approached by a German consulting company wishing to expand its network in the CIS by opening a legal entity in Yerevan
In January 2018 Tower made contact with an Italian Construction company which had won a construction tender issued by the Municipality
After providing considerable advice free of charge on setting up in Armenia, Tower has signed an Engagement for ongoing tax and accounting
Having been satisfied by Tower’s preliminary setting up advice, this North American Mining Services Company has additionally engaged Tower to provide
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
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
Tower’s services were chosen by a Georgian investor after a competitive bidding and Tower will register a new LLC in Armenia and continue to provide
Tower will be providing accounting and tax outsourcing services on an ongoing basis to an international innovative solutions provider
According to the changes made to the RA law “On Excise Taxes” the excise tax rates on alcoholic drinks, tobacco products and petrol
Tower will be providing accounting and tax outsourcing services on an ongoing basis to both these companies and additionally
