Registration of an Individual Entrepreneur (IE) in Armenia 

Due to sanctions, difficulties in working with foreign clients and partners, many business owners have considered relocating their companies, considering various directions and countries for relocation

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accountant in Armenia

Why Armenia?

  • Armenian banks are connected to SWIFT (international transfers take 1- 2 days), and also allow money to be transferred to Russia through the SPFS system (Russian financial messaging transfer system)
  • There is no need to sell a certain percentage of foreign exchange earnings
  • Foreign counterparties do not object to transfers to accounts in Armenian banks
  • Identical legislation
  • Visa-free regime and the ability to pay with MIR card (a plastic card is required)
  • As a tax regime, you can choose an analogue of the Russian simplified tax system (STS) or the general tax system (GTS)

To register an IE or a legal entity (regardless of the organizational and legal form) in Armenia, it is not necessary to have a residence permit or any other document confirming the presence of legal grounds for living in Armeniaading

This service includes drafting, collecting and preparing documents, and providing full support throughout the IE registration process

Individual approach to each client

Leave a request and our manager will contact you within an hour for a consultation
Interested in services:
By submitting the form, you agree to the processing of personal data
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Full-service IE registration

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Learn more what is needed for IE registration

Passport and notarized copy of the passport
Legal address in Armenia for correspondence
Armenian phone number
There is no significant difference between operators

What you get

Ability to work with foreign companies
Ability to settle in rubles and foreign currency
IT companies receive preferential tax treatment
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Opening an individual entrepreneur (IE) business

Full package


Package includes:
banking support
tax registration
social security card
legal address

Trust the professionals to

  • help you orient correctly 
  • provide a consultation 
  • establish a solid foundation 
  • help gather all necessary documents
  • guide you through all the stages in accordance with the law
I need this service

Find Out the Exact Cost of Maintaining Accounting and Tax Records

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How many full-time employees do you have in your company?
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Your tax system
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Your revenue in dollars per moth
Type of bussiness activity
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Your type of activity
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Management Team

Entrepreneur with 10 years of experience in the tech business and strategic communications expert. Helped more than 120 companies and individual entrepreneurs to relocate to Armenia
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Organizes the smooth operation of all processes, oversees relationships with clients, and brings projects to their goals
Chief Accountant
Supervises tax planning and support as well as setting up and maintaining accounting records. Chief accountant with 16 years of experience in the profession. Sincerely loves her work and is sensitive to her clients’ needs
Why our services are recommended by friends
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10 years of experience
Over 10 years of experience. We helped more than 900 companies and individual entrepreneurs relocate to Armenia
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Uninterrupted workflow
We organize workflow, manage customer relations, and achieve project goals
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Assistance with documents
We control and support you at every step, helping you prepare all necessary documents
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Отсутствие требований к аренде офиса
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100% право на собственность компании для иностранцев
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Освобождение прибыли ООО от налогов в России
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Услуги регистрации компании без физического присутствия учредителей/директора
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Соглашение об избежании двойного налогообложения с 49 странами
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0% налог для IT сферы
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Отсутствие требований по годовому аудиту
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Отсутствие ограничений по обналичиванию денег
Benefits of working with us
  • Experienced specialists
  • Modern service level
  • Confidentiality
  • Calculations in a currency convenient for you
  • Excellent knowledge of legislation and practice
  • High quality of services and process automation

Frequently asked questions:

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Do you have any more questions?
Get expert advice!
Contact us on Telegram

How different is the legislative base of Russia and Armenia?

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In general, Armenian legislation is similar to Russian legislation. Laws are translated into several languages, including Russian

What obligations arise in Russia in case of opening a business in Armenia?

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Can a foreign citizen without a residence permit become a director of a commercial company in Armenia?

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Can a company founded by a non-resident purchase or rent real estate/land in the Republic of Armenia?

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Do you have any questions?
Get expert advice!
Get a consultation

What people are saying about us:

The company has shown an ability to solve problems. They opened a legal account and bank cards for individuals urgently. Everything was done in 1 day, and I made my flight. Our partnership has become long-term. We recommend this company to all firms considering company registration and accounting outsourcing
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Ilya Karpenkov
If you still haven't found your accountant after a year or you are not satisfied with your current one, I would like to share my experience.In February I started working with a new firm (relocation2armenia). These guys sent me an electronic contract, created a chat room, and completely checked everything and do everything on time and via chat in tg channel
Eldar Dragomir
YouTube blogger
In one day, I realized that I needed to open an individual entrepreneur in Armenia and a bank account in order to continue working with an American company. For me, as a designer, design is easy, but bureaucracy is hard. The guys help me with finances and preparing all the necessary documents
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Milita Nikiforova
Individual Entrepreneur and Game Designer
We are satisfied with the services of Relocation2Armenia and recommend it to our business partners who are interested in company registration, opening accounts, and obtaining bank cards
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Konstantin Ivanov
Head of Taptima
I had only 1 week left to apply for the IT certificate. I contacted the guys, they provided detailed consultation and helped me prepare all the necessary documents for the certificate
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Alina Mansorova
CEO at
Invaluable help was provided in tax and accounting consulting. They physically accompanied me to all state institutions, and as a result, they helped me open an individual entrepreneur, obtain a bank account, and bank cards
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Vladimir Zorin
Individual Entrepreneur and Software Developer

Need help? Contact us!

Leave an application - a manager will contact you within an hour to discuss the details
Interested in services:
By submitting the form, you agree to the processing of personal data
Спасибо! Ваша заявка отправлена!
An error occurred while submitting the application. Please try again later