Includes steps involved in establishing a local office.

Foreigners may choose from a wide range of available organizational forms to conduct business in Armenia.  The Civil Code of Armenia defines the following legal forms of entities: Entrepreneur/Sole Proprietor, Business Partnership (Full Partnership and Trust Partnership), Limited Liability Company, Supplementary Liability Company, Closed and Open Joint Stock Companies, Cooperative and Representative office and/or branch. Representative offices of foreign companies can be established in Armenia for the purposes of representation and protection of the rights of its founding company but are not entitled to perform commercial activities. It is strongly recommended that interested U.S. companies seek legal advice on business registration.  Prospective entrepreneurs looking to open an office should seek guidance from the resources listed below or from an Armenian legal consulting firm.

U.S. Embassy in Armenia – Legal Assistance (https://am.usembassy.gov/u-s-citizen-services/attorneys/) . In general, the process of registering a business in Armenia is quick and streamlined. Registration of companies is carried out electronically through the State Register of Legal Entities of the Ministry of Justice of the Republic of Armenia (https://www.e-register.am/en/) following a one-stop shop principle and includes registration of the firm name, state registration of the company itself and registration with the tax authorities. The required documents can be submitted either in hard copy or electronically.

Businesses can track their applications and search information on existing companies. The registration of commercial entities is immediate if documents are submitted electronically. If they are submitted physically, using approved templates of the required documents, the approval can take up to 2 working days.

Office space is widely available in Yerevan and range in purchase price from $700-1200 per square meter in the center and $450-700 in the suburbs.  The monthly rent for commercial space ranges from $10-35 per square meter. For more information contact the Small & Medium Entrepreneurship Development National Center (SME DNC).

SME DNC
5 Mher Mkrtchyan Street, Yerevan
Tel: 54 16 48; Email: info@smednc.am

Business Organization Laws:
Law on State Registration of Legal Entities
Law on Limited Liability Companies
Law on Joint-Stock Companies

For more information contact the Small & Medium Entrepreneurship Development National Center (SME DNC).
SME DNC
5 Mher Mkrtchyan Street,
Yerevan 375010
Tel: 54 16 48
Fax: 54 16 42
Email: info@smednc.am

Business Organization Laws:
Law on State Registration of Legal Entities
Law on Limited Liability Companies
Law on Joint-Stock Companies

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