Category: Publications

Armenia has emerged as an attractive destination for individuals seeking new opportunities in business, employment, education, or simply a change of lifestyle. The country’s welcoming investment climate, simplified immigration policies, and affordable cost of living make it a favorable choice for foreign nationals. A key step for long-term stay is obtaining a residence permit.

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

Законодательством РА не установлены какие-либо положения, обязывающие акционера акционерного общества через общество уведомлять других акционеров при продаже своих акций.

In order to create a limited liability company (LLC) in the Republic of Armenia, it is necessary to register the company with the competent state authority.

There is not any legal regulation in the legislation of the Republic of Armenia that requires a shareholder of a joint-stock company to notify other shareholders only through the company when selling his shares.

In order to realise a certain activity (business) in the Republic of Armenia, it is required to register a legal entity with a certain organizational-legal form.
The selection of proper type and form of the legal entity depends on the nature of the planned activity and its goal.

The State Revenue Committee informs that in 2024 from January 1, cash register operations need to be registered only electronically.

Until 01.01.2021, relations related to the calculation and payment of vehicle property tax were regulated by the RA Law “On Property Tax”, and starting from 01.01.2021, by the RA Tax Code.

Supplier-subscriber relations in the field of drinking water supply are regulated by the RA Public Services Regulatory Commission.

The main legal act that governs the licensing procedure of online gaming in the Isle of Man is Online Gambling Regulation Act 2001 (OGRA).

Where an operator intends to establish in the Isle of Man and provide certain forms of online gambling, they must hold a license issued under OGRA.