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I’m self-employed

Sole proprietorship or company in Armenia — remotely, by power of attorney

Registration takes 7–8 days and is done remotely. The difference between a sole trader and the company not in registration, but in maintenance: $600 vs. $1,600 per year. And from 1 November 2026, companies will have a minimum share capital requirement.

Who it suits. For those opening a business in Armenia — for the income or as grounds for status.

What is included

  • Choosing the right structure — sole trader or LLC — and business activity codes
  • Selecting a tax regime: micro-business 0%, turnover-based 1–5%, standard system 18%
  • Preparing and filing documents with the state registry
  • Obtaining a tax number and registering with the tax authority
  • Opening a corporate account
  • Basic support through to the start of operations

What the package does not include

Paid separately and directly, with no markup from us.

  • The bank decides: the bank opens the account on its own terms and may refuse — we prepare the package and go with you
  • Fee of ~$8 for a sole trader, service charge of 3,200 drams for an LLC
  • Accountant — from $60/year for a sole trader, from $60/month for a company
  • Bank ~$200/year, e-signature ~$100/year, registered address from $100/year
  • LLC share capital of 2,000,000 AMD from November 1, 2026, if status is required through an LLC
Renewal is now required every year — and from 1 November companies need share capital

In 2026, Armenia stopped issuing five-year residence permits to entrepreneurs for residence: an annual permit remains, and it must be renewed every year, confirming that the business is active. Three years to citizenship — that’s three consecutive renewals. And from 1 November 2026, the company owner will need share capital from 2,000,000 AMD — about $5,200. Both figures we name before payment: for those going through the company, after this date the entry cost rises by exactly that amount.

In 2026, Armenia stopped issuing the five-year residence permit sole traders — it must now be renewed every year, and every year they verify that the business is active. And from 1 November 2026, the owner of an LLC will need share capital from 2,000,000 AMD (~$5,200). Both figures we quote before payment.

Desk with a laptop and papers
Sole proprietorship or company550 $

Remotely by power of attorney, 7–8 days. Includes: sole proprietorship from $600/year, company from $1,600.

Prices are in US dollars and are all-inclusive — nothing is added on top. Government fees are paid separately and directly: sole trader registration ~$8, annual residence permit fee 105,000–150,000 AMD, medical certificate ~30,000 AMD. SVOY initial consultation — 50 $, credited in the cost of support. The short initial call is free.

Need a single service, not a package?

Housing rental and purchase, documents, bank accounts and taxes, schooling, driving licence — 20 services in Armenia, each has its own price.

All services in Armenia →
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Package «I’m self-employed» · Armenia

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Package «I’m self-employed» · Armenia

1 from 5. What do you do for work?

2 from 5. What form is needed?

3 from 5. Do you need residency status alongside the company?

4 from 5. What monthly turnover are you planning?

5 from 5. Where do you plan to apply from?

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