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Armenia

Asia Β· AM Β· ARM Β· Republic of Armenia
18.00%
CORP TAX
7.0/10
TRUST
4/5
BANKING
2–3 days
SETUP

TAXATION

Corporate Tax18.00%
Personal Income Tax20.00%
Capital Gains Tax18.00%
VAT / GST20.00%
Withholding Tax5.00%
Territorial TaxationNo
CFC RulesYes
Tax Treaties55
Transfer PricingYes
Tax-Free ZonesYes
Crypto TaxVaries by Activity

FORMATION

Govt Registration Fee$0
Annual Renewal Fee$0
CSP Fee (Low)$1, 200
CSP Fee (High)$2, 000
Annual Maint (Low)$1, 000
Annual Maint (High)$4, 350
Timeline2–3 Days
Online RegistrationYes
Min Directors1
Min Shareholders1
Local DirectorNo
Local SecretaryNo

BANKING & COMPLIANCE

Banking Ease4/5
Privacy Index3
Audit RequiredYes
Annual FilingYes
BO RegisterNo
UBO DisclosureYes
FATCA CompliantYes
AEOI ParticipantYes
Correspondent BankingGood
Crypto RegulationRegulated
Digital BankingAdvanced Digital Banking Services Are Available From Major Banks, Including Online And Mobile Banking.

SUITABILITY SCORES

Overall Trust7.0/10
Holding Company4/5
Trading Company4/5
IP Holding3/5
Startup4/5
Crypto4/5
Asset Protection5/5
Top IndustriesMining, Agriculture, Tourism, Textiles, Information Technology
Digital Nomad VisaYes
Residency by IncorpYes
Citizenship by InvestNo

incorporator AI Assessment

AUTOMATED ANALYSIS Β· ARMENIA
GOOD

Armenia is a Asia jurisdiction offering moderate corporate tax at 18% with strong reputation (trust score: 6.6/10). Company registration typically takes 2–3 days with formation costs ranging from $? to $?. Banking ease is rated 4/10.

ADVANTAGES
  • +Tax-free zones available for qualifying businesses
  • +Highly suitable for startups and tech companies
  • +Crypto-friendly regulatory environment
  • +High privacy standards for beneficial owners
  • +Fast company registration process
DISADVANTAGES
  • βˆ’Challenging banking environment for foreign companies
  • βˆ’May require local presence or registered agent
  • βˆ’Compliance requirements may be complex for foreign entities
BEST FOR
Holding companiesInternational tradingTech startupsCryptocurrency businessesPrivacy-focused structures
RISK FACTORS
Regulatory changes may affect tax and compliance obligationsCurrency exchange risks for non-USD denominated jurisdictions

AI-GENERATED ASSESSMENT Β· NOT LEGAL OR FINANCIAL ADVICE Β· VERIFY WITH QUALIFIED PROFESSIONALS

ENTITY TYPES

Private Limited Company
Pte Ltd
limited

Most common corporate vehicle for local and foreign entrepreneurs.

Timeline: 3–17d
Compliance: medium
Min shareholders: 1
Min directors: 1
HoldingTradingIPCrypto
LAST UPDATED FEB 22, 2026
Limited Liability Partnership
LLP
limited

Hybrid entity combining partnership flexibility with limited liability.

Timeline: 1–13d
Compliance: low
Min shareholders: 2
Min directors: 2
Trading
LAST UPDATED FEB 22, 2026
Representative Office
RO
parent

Non-trading presence for market research and liaison.

Timeline: 7–20d
Compliance: low
Min shareholders: 1
Min directors: 1
LAST UPDATED FEB 22, 2026

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