Special services for IT companies in Armenia

Tower encourages the establishment of IT startups as well as support to already established and successful international IT companies in Armenia
Tower International Consultants > Special services for IT companies in Armenia

Armenia has maintained its competitive advantage in technology development as a known hub for software development, industrial computing, electronics, and the production of semiconductors. The sector has remained significant in the Armenian economy due to a highly skilled and competitive labor force, its share of GDP, constant growth in the number of companies, and total turnover.

We offer special services for Armenian high-tech and IT companies

Special offers for Armenian IT companies
We offer special services for Armenian high-tech and IT companies

Tower’s support for IT companies and High-Tech in Armenia

“Tower International Consultants” CJSC encourages the establishment of IT startups as well as support to already established and successful international IT companies which aim to have a branch or subsidiary company in Armenia.

As an advantage, Tower is offering IT companies a 50% discount on company registration services as well as 2 hours of free legal/tax consulting in case of choosing “Tower” as a service provider.
With this offer “Tower” intends to support by giving a boost to the IT sector in Armenia. We offer the following services to the IT sector:

  • Registration of the IT company or branch in Armenia with a 50% discount on our standard rate;
  • Maintenance and recording (bookkeeping) of all accounting of IT company with ArmSoft;
  • Keeping accounting records of IT company in sufficient detail such that the calculation by Tower of all relevant taxes payable can be made accurately and on time;
  • Preparation of bank payment orders in the on-line banking system of the IT company;
  • Assistance in preparation of documentation relating to Petty Cash statements of IT company;
  • Preparation of year-end financial statements;
  • Monthly VAT calculation statements of IT company;
  • Monthly Individual Reports on Income Tax and Funded Pensions of IT company;
  • Employees’ tax registration applications (upon hiring and dismissal);
    Withholding Profit Tax of Non-residents;
  • Annual Profit Tax Calculation of IT company;
  • Statistical reports of IT company (monthly, quarterly, annual);
  • Calculation of monthly salaries according to the Armenian legislation;
  • Preparation of employment contracts of IT company;
  • Preparation of pay slips of the employees of IT company;
  • Legal and Tax Due diligence in case of acquisitions;
  • Ongoing legal consulting;
  • Negotiation of Contracts;
  • Acquisition of Work Permit in Armenia for international employees of IT company;
  • Acquisition of Residency Card in Armenia for international employees of IT company
Business credits industry in Armenia
Contact us for more details
Phone: +374 12 571 631