The manufacturing and industrial sector in Armenia is experiencing steady growth, attracting investors due to its strategic geographical location, membership in the Eurasian Economic Union (EAEU), and government support. However, successful operations in this industry require strict compliance with complex legal regulations and effective business process management. 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 manufacturing enterprises, factories, and industrial companies minimize risks and achieve strategic goals.
In this article, we’ll explore how Tower.am’s services support businesses in manufacturing and industry, the challenges they address, and why we are your trusted partner in Armenia.
Armenia’s manufacturing sector offers significant opportunities but comes with unique challenges. Companies face:
Complex Regulations: Licensing, product certification, and environmental compliance demand precise adherence to legislation.
Export and Import: Entering international markets, including EAEU countries, involves customs and certification procedures.
Investment Risks: Large industrial projects require protection from legal and financial threats.
Tower.am provides comprehensive solutions that ensure legal security, optimize processes, and foster the growth of your industrial business.
We offer specialized legal and consulting services tailored to the needs of manufacturing and industrial enterprises. Our key offerings include:
Licensing and Certification: Assistance in obtaining licenses for production facilities and product certification in compliance with local and international standards.
Customs Clearance: Legal support for importing raw materials and exporting products, including adherence to EAEU regulations.
Contract Law: Drafting and reviewing contracts with suppliers, distributors, and clients, including international agreements.
Environmental Compliance: Help with obtaining permits and meeting environmental standards, including environmental impact assessments.
Dispute Resolution: Representation in administrative and judicial proceedings related to production or regulatory violations.
Strategic Planning: Developing business plans for expanding production, modernizing equipment, or entering new markets.
Financial Consulting: Tax optimization, attracting investments, and managing financial risks.
Market Analysis: Researching demand, competitive landscape, and export potential for products.
Process Optimization: Recommendations for improving production efficiency and supply chains.
These services provide your business with legal protection and a strategic advantage in a competitive industry.
In 2024, a textile company approached Tower.am with plans to modernize production and expand exports to EAEU countries. The main challenges included obtaining compliance certificates, preparing customs documents, and attracting investments for equipment procurement. Additionally, disputes with suppliers arose due to unclear contracts.
Tower.am’s team promptly:
Assisted in the product certification process, ensuring compliance with EAEU standards within 10 business days.
Prepared customs documents, minimizing costs and delay risks.
Developed new contracts with suppliers, eliminating legal gaps.
Tower.am’s consultants also conducted a financial analysis, which helped the company secure a government grant and attract an investor covering 40% of modernization costs. As a result, the company increased exports by 30% and reduced costs by 15%. This case demonstrates how Tower.am helps industrial enterprises achieve success.
By choosing Tower.am, you gain a partner who understands the intricacies of manufacturing and industry. Our strengths include:
Legal Compliance: All services strictly adhere to Armenian laws and EAEU standards.
Industry Expertise: Over 15 years of experience working with manufacturing enterprises and exporters.
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 manufacturing business? Tower.am is your guide to success in Armenia’s industrial 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!
Exports require compliance certificates and phytosanitary documents. Tower.am assists in obtaining and approving them.
We help obtain permits and conduct environmental impact assessments, ensuring legal compliance.
Armenia offers tax incentives and grants for manufacturing projects, including VAT exemptions on equipment. We provide consultation on their application.