Legislation Updates

Recent news and events from Tower International Consultants
Tower International Consultants > News > Legislation Updates
17 Jul
Accounting and Taxes in Armenia
Changes to the Regulation on Advance Profits Tax in Armenia

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.

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24 Feb
Accounting, tax and legal services in Armenia
New regulations of use and sales for tobacco products in Armenia

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...

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10 Nov
Tax services in Armenia
Effective & cost-benefit tax services in Armenia

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...

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17 Jun
yerevan-real-estate
Economic and Social Reforms of New Government in Armenia

Following the formation of a new government in Armenia in mid-2018, Tower International Consultants cjsc expects

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10 May
Payroll Services in Armenia
Law on change in Armenian tax code

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...

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