🇦🇲 Moving to Armenia

• On: Sales turnover from the high-technology activity list
• Limit: AMD 115M/yr ≈ $318k

Income from activities on the Government high-technology list is taxed at 1% turnover tax by commercial organisations and individual entrepreneurs that qualify as turnover taxpayers; the 1% row applies until 31 December 2031.

Taxed on

Sales turnover from the high-technology activity list (turnover tax replaces VAT and/or profit tax; for individual entrepreneurs it replaces VAT and profit tax is AMD 5,000 (≈ $14) a month).

Who it applies to

• Resident commercial organisation or individual entrepreneur whose sales turnover for all activities did not exceed AMD 115 million (≈ $318,000) in the preceding tax year; statement filed with the tax authority (by 20 February, or within 20 days of registration).
• Activity is on the Government list of high-technology sector activities.

Exclusions

• Banks, insurers, investment companies, notaries, audit companies, legal service providers, crypto-asset providers; legal and accounting activities, management consulting and temporary-staff supply; related persons whose combined turnover exceeds AMD 115 million (≈ $318,000).

Limits

• AMD 115,000,000 a year (≈ $318,000) · Maximum sales turnover in the preceding tax year to be a turnover taxpayer.
• AMD 5,000 a month (≈ $14) · Profit tax of an individual entrepreneur on turnover-tax activities, a final liability.

Tax residence

Resident commercial organisations and individual entrepreneurs only; no days-in-country test applies to the regime.

Visas

An individual entrepreneur or company must be registered in Armenia; entrepreneurship is a temporary residence ground.

Other taxes

Social payments and personal income tax on salaries are separate.

Checked against official sources on 11 Oct 2026Change log

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• Limit: AMD 24M/yr ≈ $66k

Entities with turnover up to AMD 24 million (≈ $66,300) in the previous year are exempt from VAT, profit tax and turnover tax obligations and from most state taxes arising from the micro business.

Taxed on

Sales turnover from micro-entrepreneurship activity, up to AMD 24 million (≈ $66,300) in the previous tax year

Who it applies to

• Resident commercial organisation or individual entrepreneur with sales turnover of at most AMD 24 million (≈ $66,300) in the previous tax year; natural persons who are not individual entrepreneurs qualify for activities listed in Annex 3.

Exclusions

• Banks, insurers, investment companies, notaries, audit firms, commercial (purchase and sale) activity, and persons providing consulting, legal, accounting, engineering, advertising, design, marketing, translation, medical, IT-processing, research and development, construction design and similar services; related persons above the combined threshold; rental, interest and royalty recipients.

Limits

• AMD 24,000,000 a year (≈ $66,300) · Maximum sales turnover of the previous tax year.

Visas

Requires registration as an Armenian entity or individual entrepreneur.

Other taxes

Not exempt from import taxes, income tax withheld on payments to non-entrepreneur individuals, excise, environmental and road tax.

Checked against official sources on 11 Oct 2026Change log

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• Limit: AMD 115M/yr ≈ $318k

Resident commercial organisations and individual entrepreneurs with sales turnover of up to AMD 115 million (≈ $318,000) in the previous year may elect turnover tax in place of VAT (and, for organisations, profit tax). The rate depends on the activity: 10% trade, 7% production, 10% rent, interest and royalties, 12% public catering, 20% other activity, 1% high-technology activity; an individual entrepreneur on turnover tax pays a fixed AMD 5,000 (≈ $14) a month in place of profit tax.

Taxed on

Sales turnover from supply of goods, works and services (including rent, interest, royalties and transfers of assets). Rates by activity: trade (purchase and sale) 10%; trade in listed secondary raw material 5%; newspaper sales by editorial offices 1.5%; production 7%; rent, interest and royalties 10%; public catering 12%; other activity 10% (20% for non-catering income of catering-election taxpayers); high-technology list activity 1% (row in force until 31 December 2031); alienation of other assets including immovable property 10%. For trade, production, catering and other-activity income, tax is reduced by a percentage of qualifying expenses, subject to minimum floors of 1% to 4.5% of the base.

Who it applies to

• Resident commercial organisations and individual entrepreneurs whose sales turnover in all activities did not exceed AMD 115 million (≈ $318,000) in the preceding tax year may be turnover taxpayers; they submit a statement by 20 February of the tax year (or within 20 days after registration).
• Individual entrepreneurs on turnover tax replace VAT with turnover tax; resident commercial organisations replace VAT and profit tax (the code treats 40% of the tax as profit tax and 60% as VAT).
• Individual entrepreneurs on turnover tax pay profit tax of AMD 5,000 (≈ $14) a month as their final profit tax liability.
• Reporting is quarterly; the return and payment fall due by the 20th day of the month after each quarter.

Exclusions

• Banks, credit organisations, insurers, investment companies, notaries, audit companies, legal service providers, and legal, accounting and head-office consulting activities cannot be turnover taxpayers.
• A taxpayer ceases to be a turnover taxpayer from the point sales turnover exceeds AMD 115 million (≈ $318,000) in the tax year; VAT then applies on the excess.

Limits

• AMD 115,000,000 a year (≈ $318,000) · Sales turnover ceiling for being a turnover taxpayer (previous tax year) and for staying in the regime during the year
• AMD 5,000 a month (≈ $14) · Fixed profit tax of an individual entrepreneur on turnover tax

Tax residence

Taxation of the individual's other income follows the 20% personal income tax for residents (see “Personal income tax: residence test and 20% rate”); the turnover regime applies to the entrepreneurial activity.

Visas

The regime is available to individual entrepreneurs and resident commercial organisations regardless of visa category.

Other taxes

VAT is replaced for turnover taxpayers; taxes not replaced by turnover tax continue to apply under the Tax Code (art. 263).

Checked against official sources on 11 Oct 2026Change log

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