Benefits of relocation of business to Armenia:

  • Strategic geographical location and ease of travel to Europe and East Asia with direct flights to major destinations;
  • Armenia has access to 1.5 billion market with 0% customs duties;
  • Open-door policy towards foreign investments, providing for full property ownership;
  • A stable and growing economy with competitive cost for operating business;
  • Well-skilled and cost-efficient multilingual workforce;
  • Armenia is one of the least tax-burden countries in the world offering flexible taxation scheme for small, medium and large- scale investments;
  • The five-year grandfather clause, protecting foreign investors against investment-related legislation changes;
  • Unimpeded access to any sector with no restriction for personnel recruitment, free and unlimited repatriation of profits, unlimited currency exchange on market rates, and guarantees against nationalization;
  • Well developed international banking system.

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Locations
Author: Khoren Nasibyan
Location:
Yerevan, Armenia
Industry:
Banking & Finance
Construction & Infrastructure
Industry & Trade
Mining
Oil & Gas
Pharmaceuticals & Healthcare
Technology, Media & Telecommunications
Transport
Practice area:
Сommercial contracts
Dispute Resolution
Employment
Finance and Securities
Real Estate
Tax
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