Question 1

How long does business registration take in Armenia?

Accepted Answer

IE (Individual Entrepreneur) registration takes 1 business day. LLC registration takes 3-5 business days. Documan handles all paperwork on your behalf.

Question 2

Can a foreigner register a business in Armenia?

Accepted Answer

Yes. Citizens of most countries can register a business in Armenia with just a valid passport. No minimum capital is required for IE registration.

Question 3

What is a Tax Residency Certificate (TRC) in Armenia?

Accepted Answer

A TRC is an official document confirming that you are a tax resident of Armenia. It is commonly used by digital nomads, entrepreneurs, and investors to benefit from Armenia's low tax rates and avoid double taxation.

Question 4

What is the corporate tax rate in Armenia?

Accepted Answer

Armenia has an 18% corporate income tax rate. IT and tech companies can benefit from a 1% turnover tax regime. Small businesses with revenue under 115 million AMD are VAT-exempt.

Question 5

How much do Documan accounting services cost?

Accepted Answer

Documan offers tiered accounting packages starting from basic bookkeeping for small businesses to full-service accounting for larger entities. Contact us for a custom quote.

Temporary Resident Card (TRC)