Armenia flag Armenia: Operating a Business in Armenia

Starting a business in Armenia

Legal Forms of Companies

Joint-Stock Company
Number of partners: Minimum 3 shareholders.The number of shareholders is not limited when it is an open joint-stock company while in case of a closed joint-stock company the total number of shareholders should not be more than 49.
Capital (max/min): No mandatory minimum capital requirement.
Shareholders and liability: The participants in a joint-stock company are not liable for its obligations and bear the risk of losses connected with the activity within the limits of the value of the shares of stock belonging to them.
Limited Liability Company
Number of partners: Minimum one, maximum 49.
Capital (max/min): No mandatory minimum capital requirement.
Shareholders and liability: The liability of its owners is limited to the initial investment.
General partnership
Number of partners: 2 or more partners.
Capital (max/min): 50,000 AMD.
Shareholders and liability: The partners jointly bear liability with all their property for the obligations of the partnership.
Limited partnership
Number of partners: 2 or more partners.
Capital (max/min): There is no minimum share capital required but share value is fixed by the Civil Code.
Shareholders and liability: Unlimited incase of full partnership, and limited (restricted to the amount of the partner's contribution in the partnership) in case of limited partnership.
 

Business Directories

Financial Information Directories
Dun & Bradstreet - Worldwide directory with financial information on businesses
SPYUR - Armenian business directory

To go further, check out our service Business directories.


 

Professional Associations

General Professional Associations
UMBA - Union of Manufacturers and Businessmen of Armenia

To go further, check out our service Professional associations.


 

Business Setup Procedures

Setting Up a Company Armenia Eastern Europe & Central Asia
Procedures (number) 3.0 5.3
Time (days) 4.0 11.8

Source: Doing Business - Latest available data.

 
The Competent Organisation
The State Register Agency of Legal entities of Armenia.
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Armenia.
Spyur, Company Register.

Return to top

Any Comment About This Content? Report It to Us.

 

© Export Entreprises SA, All Rights Reserved.
Latest Update: November 2022

Return to top