Tax Advisory and Tax Outsourcing in Armenia

Both international and local companies operating in Armenia which aspire to maintain transparent reporting need to understand the Armenian taxation system. Tax compliance is essential for proper operation of each company.

Tower has experience in explaining and providing solutions to the complex nature of Armenian taxation.

While strictly adhering to the laws, Tower is able to use its practical experience in dealing with the tax authorities, for the benefit of clients.

Tower has a big database of official explanations provided by Armenian tax authority on several taxation issues which might have dual interpretation. This is to endure the complex reporting procedures for our clients and ensure the compliance with tax regulations.

Tower offers the following tax services in Armenia:

•         Corporate Tax
•         Indirect Tax
•         Personal Tax
•         Value Added Tax
•         Tax and Legal Due Diligence
•         Tax Optimisation

» Tax recovery

» Tax planning

» Tax efficient restructuring and corporate reorganizations

•         Tax And Accounting Outsourcing
•         Pre Tax Inspection Advice
•         Compliance with

» Currency controls

» Customs regulations

•         Expatriate Annual Tax Returns

Payroll Service

Tower understand the key  challenges HR and Finance managers meet in dealing with payroll in countries where you have small staff.

At Tower we ensure a centralized reporting to the headquarters by processing in time all the data and setting up the payroll systems in compliance with law and accepted rules by client.

Tower’s payroll service include:

» Payroll administration and set up,

» Calculation of monthly salaries according to the Armenian legislation;

» Preparation of pay slips of the employees;

» Statutory and customized reporting

» Keeping of timesheets