Licensing is a legal mechanism through which the state regulates certain types of activities to ensure safety, legality, public interest, and equal competitive conditions.

The objectives of licensing specific types of activities are:

• The protection of consumer rights;

• Supporting the regulation of developing market relations;

• Improving the quality of goods and services;

• Exercising oversight over those engaged in activities that pose greater risks to human life, health, property, state and public interests, the environment, and the preservation of cultural heritage;

• Ensuring oversight of licensed entities for the purpose of fulfilling the Republic of Armenia’s international obligations related to international security.