We will open a company or individual entrepreneur in Armeniain just 5 days

LLCs and individual entrepreneurs registered in Armenia can enter into agreements under the laws of Armenia, Russia, EU countries, the USA, and Asian countries. It is almost identical to the capabilities of a Russian LLC. Also, an LLC in Armenia will suit you if you need to transfer money to and from Russia, and if you receive money from foreign partners in euros and dollars. With Armenian LLCs and sole proprietorships, you can open accounts in foreign banks if you have the need

All you need is a notarized power of attorney and a notarized translated passport. There is no need to come to Armenia for doing business or reporting.
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Leave a request, and we will contact you as soon as possible!

Accountants in the Republic of Armenia must be accredited by the Registration Chamber. This is a requirement of the Law of the Republic of Armenia “On Accounting.”
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There is a monthly tax as well as monthly payroll tax reporting. Accountants submit reports for you quarterly and annually to the local tax office.
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Basic accounting services are already included in our offer. For all other questions, we will be happy to help you sort it out individually

There are 17 banks in Armenia - the list can be viewed on the website of the Central Bank of the Republic of Armenia

‍ConverseBank, Armbusinessbank, ConverseBank, Evocabank, UNIBANK PRIVÉ, IDBank and Ameria bank have a Russian version of the site
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Now all banks in Armenia are experiencing an influx of Russian citizens. Many banks are stepping up their KYC work to keep out those who might break the law. Therefore, when opening accounts, you may be faced with a thorough review of you and your business. However, most questions are usually removed after verification

Accounts can be opened in Armenia only with personal presence. This applies to both personal accounts and business accounts. Usually, to open an account for an LLC or an individual entrepreneur, the constituent documents, a foreign / Russian passport of the beneficiary and scanned copies of 2-3 recent contracts with clients are required
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Additionally, you may be asked for documents for legal entities and the address. This process should not take you more than 2 business days
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Opening an account in any of the banks is not the same as immediately opening a business card. Without a business card, an account is approved about 2 times faster

It is necessary to notify the Federal Tax Service of Russia about the presence of a CFC (controlled foreign company). We prepare these types of notifications for our clients
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In Russia, there is legislation on CFCs - controlled foreign companies. Within the framework of this legislation, the registration of an LLC must be reported to the Russian Federal Tax Service within 3 months from the date of registration. Additionally, a declaration must be submitted on the results of the activities of the LLC and tax must be paid on income
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For a CFC in Armenia, as a member country of the EAEU, there is a 100% tax exemption from income received in an Armenian CFC. All required notices and reports must be submitted to receive this benefit

At the moment, the requirements of the registration chamber of Armenia allow opening a legal entity by proxy. To apply for opening an IP, the personal presence of the applicant is required