Armenia
Between 2025 and 2031, Armenia is introducing a series of tax incentives to boost its IT and high-tech sectors. These include the following: Turnover tax is reduced to 1% for companies engaging in
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Between 2025 and 2031, Armenia is introducing a series of tax incentives to boost its IT and high-tech sectors. These include the following: Turnover tax is reduced to 1% for companies engaging in
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Yes, these incentives are available to all eligible companies registered in Armenia regardless of ownership structure or investors'' nationality. The key requirement is registration in
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"Crossroads of Peace" is a regional initiative by Armenia that includes the development of fiber-optic networks, among other infrastructure like roads, railways, and pipelines.
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The amendments envisage long-term tax benefits for IT companies for 7 years – starting from 1 January 2025 to 1 January 2032 with the possibility of prolongation (previously, in the last few
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Foreign investors in Armenia benefit from a wide range of tax incentives, which include exemptions and reductions in corporate income tax
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It is a collection of respective proposals available in the market, as a result of which the best offer may be accepted. The process of the request for proposals is not regulated by the Articles
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The bonds, arranged by Ameriabank, set to be listed on the Armenia Stock Exchange, will finance critical expansion projects for Team Telecom Armenia, including the rollout of 4G+ and
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The Armenian government has highlighted significant plans to restore regional transportation and connectivity infrastructure, dubbed the “Crossroads of Peace” initiative, in the
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On January 1, 2025, Armenia''s new legislative framework will come into force and provides significant incentives for the growth of Armenia''s high-tech sector, especially in research,
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At the heart of this strategy is the groundbreaking 200% salary deduction benefit, implemented as part of a comprehensive package of tax
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The company provides broadband internet, fixed telephony, and digital television services through fiber optic infrastructure covering 92% of Armenian cities. In January-June 2025, it paid AMD 809 million
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According to the International Energy Agency, this will allow Armenia to export excess electricity to Georgia and, potentially, the EU through a planned Black Sea transmission cable
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Market Forecast By Mode (Single Mode Fiber, Multi-Mode Fiber), By End-Use (Telecommunications, Networking, IT & Data Centers, Broadcast), By Application (Telecommunication, Power Utilities,
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The Armenian government will launch a 7-year program to support the development of the high-tech sector. Minister of High-Tech Industry Mkhitar
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Armenia offers incentives for exporters (e.g., no export duty, value-added tax (VAT) refund on goods and services exported) and foreign investors (e.g., income tax holidays, the ability to carry forward losses
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