Providing a comprehensive insight into the Armenian tax system, this overview sheds light on the various legal entity types and the corresponding tax obligations applicable in Armenia. Understanding the intricacies of the tax framework...
Upon a decision to found a company in Armenia many investors come across the thought of whether to handle the process by themselves or to apply for professional consulting services. How to register an entity in Armenia in 2022 It should not be left unnoted that the Armenian state bodies are constantly introducing new solutions,...
Recently, on 16 June 2020, major amendments took place in the tax legislation of the RA Tax Code. According to the law on amending the Tax Code, it will no longer be necessary to submit an application by March 20 of each tax year for the selection of an alternative method of making profit tax prepayments.
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...
Being in compliance with the local and international tax systems is of utmost importance for any international and local company which works in Armenia. Tower’s approach is to ensure this compliance in combination with the best design and solutions that would make operations and transactions of our Client companies doing business in Armenia efficient and...
Following the formation of a new government in Armenia in mid-2018, Tower International Consultants cjsc expects
The new law on changes in Armenian Tax Code after getting the approval from RA Government passed to RA National Assembly for approval. The main objectives of the project package are to make changes to the national tax burden and investment redistribution, as well as ongoing simplification of the micro-enterprise taxation system. In this short...
