Solutions
No residence permit required · No office lease · Passport is enough
1-year Registered Address
Taxes starting from 0%-1%
SWIFT, SEPA, SPFS ready
Deel, Upwork, Fiverr, AdSense...
(USD/EUR/RUB/AMD)
We know how to withdraw payments from YouTube, Fiverr, Etsy, Steam, and other services through IE Armenia
See why more and more foreign clients are choosing Armenia. This comparison shows how it pays to be a sole proprietor in Armenia vs Georgia, the UAE, Cyprus, Kazakhstan
Tax rate
0% (Edu), 1% (IT) – 10% (Other services)
1-20% / 5% (IT)
0% (up to 375 thousand dirhams UAE) / 9% (above)
12.5% (corporate)
3% (Personal Income Tax (PIT) + Social Contributions (SC))
Social contributions (pension/medical)
5% – 10%
0% for small businesses
0% / 17,5%
15,6% + (GESY): 4%
(Mandatory Pension Contributions (MPC)) 10% + (Social Contributions (SC)) 5%
The period of opening an individual entrepreneur (turnkey)
From 7 days
1-3 days
5-25 days
2-3 weeks
1-3 days
Remote registration
Available
Possible until 03/01/2026
Yes
Difficult (requires a personal visit)
Yes, but only with a residence permit
Opening a bank account
Simple
Difficult
Difficult (requires personal visit and KYC)
Difficult (for non-residents)
Limited (requires Individual Identification Number (IIN))
Access to payment systems
Yes (SWIFT, SEPA, SPFS)
SWIFT
SWIFT
SWIFT
SWIFT
Accounting
Simple
Average
Difficult and expensive
Complex
Required
Financial risks (accounts/platforms)
Low
Difficulties in complying with banking regulations
High initial costs, compliance with banking requirements
Difficulties in complying with banking regulations
Tax Risk Management System (TRMS)
Tax rate
0% (Edu), 1% (IT) – 10% (Other services)
Social contributions (pension/ medical)
5% – 10%
The period of opening an IE (turnkey)
From 7 days
Remote registration
Available
Opening a bank account
Simple
Access to payment systems
Yes (SWIFT, SEPA, SPFS)
Accounting
Simple
Financial risks (accounts/
platforms)
Low
Tax rate
1-20% / 5% (IT)
Social contributions
0% for small businesses
The period of opening an IE (turnkey)
1-3 days
Remote registration
Possible until 03/01/2026
Opening a bank account
Difficult
Access to payment systems
SWIFT
Accounting
Average
Financial risks
Difficulties in complying with banking regulations
Tax rate
0% (up to 375 thousand dirhams UAE) / 9% (above)
Social contributions
0%/17,5%
The period of opening an IE (turnkey)
5-25 days
Remote registration
Yes
Opening a bank account
Difficult (requires personal visit and KYC)
Access to payment systems
SWIFT
Accounting
Difficult and expensive
Financial risks
High initial costs, compliance with banking requir.
Tax rate
12.5% (corporate)
Social contributions
15,6% + (GESY): 4%
The period of opening an IE (turnkey)
2-3 weeks
Remote registration
Difficult (requires a personal visit)
Opening a bank account
Difficult (for non-residents)
Access to payment systems
SWIFT
Accounting
Complex
Financial risks
Difficulties in complying with banking regulations
Tax rate
3% (PIT) +(SC)
Social contributions
(MPC) 10% + (SC) 5%
The period of opening an IE (turnkey)
1-3 days
Remote registration
Yes, but only with a residence permit
Opening a bank account
Limited (requires IIN)
Access to payment systems
SWIFT
Accounting
Required
Financial risks
(TRMS)
For those who want to arrange everything personally and get results as quickly as possible
Arrange nowAdditional services:
For those who are abroad or are not ready to spend time on a trip
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Armenia’s state registration is performed via the state register of legal, the official register of legal entities overseen by the ministry of justice and the justice of the republic. Through this registration process you can form a legal entity (including a joint stock company) or an individual entrepreneur in Armenia and obtain capacity to conduct business. Once recorded, your business activities are recognized for banking and taxation
Over the past year, more than 97% of Relocation2Armenia's customers have been happy to use our services because they understand that having a single contact person to plan,implement, and support their international plans makes sense, both in the moment and for many years to come
The agency showed itself as true professionals. Everything went smoothly, organized and without unnecessary hassle. The process was as clear and transparent as possible, the employees were always in touch and ready to help. It is very pleasant to work with such a team — 100% trust. Thank you for the excellent work!
Tatyana Dmitrieva
Very helpful and kind, they always speak to the point and won’t push unnecessary services, I really appreciate that! :3
Diana Freelance
Top service! We’ve been working remotely for a year now. Everything is going well!
Anna Berezovaia
We have been cooperating for the second year, everything is great. They respond to all questions that arise in the shortest possible time. They consult in great detail on controversial situations, what is the best way to do it, etc. I am satisfied with the cooperation.
Valentin Ils
A translated passport
IP certificate
Social Security number
Bank account requisites
Any citizen of the Republic of Armenia or a stateless person may engage in entrepreneurial activities after state registration by filing the required documents; remote filing can use an electronic signature. The registration fee is paid at submission, and the payment receipt accompanies the file. Upon registration we assign the correct tax regime for your business activities so you start quickly and stay compliant
David
General manager
Irina
Chief operating officer
Julia
Operations manager
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С ВНЖ в Армении
Армения не передаёт данные в РФ и не участвует в союзных базах
С ВНЖ ты официально живёшь, работаешь и пользуешься всеми базовыми правами.
Ты можешь спокойно пересечь границу без виз и проверок военного билета
С нами ВНЖ оформляется за 10–20 рабочих дней через простую процедуру
Русский язык, дружественная среда — легко встроиться в новую жизнь без стресса.
What’s the difference between IE in the USA and Armenia?
Can foreigners own or rent property in Armenia?
Can a foreigner open an IE in Armenia without residency?
How long does remote registration take?
What documents are required?
Do I need to be in Armenia to open an IE or bank account?
What are the tax rates for IE?
Are there social contributions?
Can I receive income from AdSense, Upwork, or Fiverr?
Are there restrictions on ownership or profit withdrawal?
What support does Relocation2Armenia provide?
Are there hidden costs or risks?
Will sanctions affect me?
Chief operating officer
Irina
Bio
More than 7 years in management positions. Knows everything about finances and team management. Organizes the full cycle of work of the company Relocation2Armenia
Hobbies
Volleyball, dancing
General manager
David
Bio
An entrepreneur with 10 years of experience in the tech business and an expert
in strategic communications. Helped relocate more than 120 companies and sole proprietors to Armenia.
Hobbies
Hockey, Rock music
Operations manager
Julia
Bio
Organizes the smooth operation of all processes, oversees customer relations, and helps projects reach their goals.
Hobbies
Formula 1, aerobics
