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Financial services in Armenia

Bank account opening

A Payoneer account for a sole trader in Armenia

Payoneer connected to an Armenian sole trader: receiving payments from foreign clients and platforms, withdrawing to an Armenian account, working with Upwork, Deel, AdSense and app stores.
from $100
1–3 days

A personal bank account in Armenia

A personal account with an Armenian bank, with a card and internet banking. Opened with your passport; a residence permit is not required.
from $60
1–2 weeks

Upwork payouts through a sole trader and residency in Armenia

Making Upwork payouts workable by registering a sole trader or LLC in Armenia, opening an Armenian bank account and setting the Upwork profile to Armenian residency once that residency is real.
Upon consultation
2–5 days

An Armenian bank card2 tiers

A card from an Armenian bank (USD/EUR) for payments and withdrawals abroad. The tier decides: virtual (for online payments) or physical.
from $380
1–3 weeks

Payouts for musicians

Lawful music monetisation through Armenia

Official distribution to Spotify, Apple Music, YouTube Music and 150+ other platforms, with royalties received lawfully through an Armenian sole trader or account — for independent artists with no label.
Upon consultation
1–2 weeks

Interactive Brokers account

Opening an Interactive Brokers account on Armenian residency

Evidencing Armenian residency (employment-based residence plus an Armenian bank account) to open a personal Interactive Brokers account for Russian citizens whose access the broker closed over a Russian address.
Upon consultation
~9 weeks

Steam payouts

Receiving Steam payouts through a sole trader or LLC in Armenia

Advisory support for game developers: registering a sole trader or LLC in Armenia, opening an account at an Armenian bank and entering the details in Steamworks so you can receive Steam payouts (and from similar platforms — Epic Games, GOG, itch.io) after those services suspended work with Russian developers and entities.
Upon consultation
1–3 weeks

App Store payouts

Registering an Apple Developer account or withdrawing App Store earnings — through a sole trader in Armenia2 tiers

Registering a sole trader or LLC in Armenia, opening an account, obtaining a D-U-N-S number and getting an Armenian eSIM to create a new Apple developer account — so you can receive App Store payouts after Apple stopped paying developers in the Russian jurisdiction in 2022.
from $500
1–2 weeks

Google Play payouts

Registering a Google Play Developer account or withdrawing Google Play earnings — through a sole trader in Armenia2 tiers

Registering a sole trader in Armenia, opening an account with an Armenian bank, obtaining a DUNS number and setting up a Google payments profile — so you can open a Google Play developer account on Armenian details and receive payouts for apps and in-app purchases.
from $500
1–2 weeks

Deel payouts

Deel payouts in Armenia through a sole trader

Registering an Armenian sole trader or LLC, opening a bank account and preparing the full pack for Deel verification (residence, PSN, e-Invoicing, the military tax, the Contractor Affidavit) so you can receive Deel payouts straight to an Armenian account, without the risk of a block over a Russian or Belarusian address.
Upon consultation
1–4 weeks

Patreon payouts

Patreon payouts in Armenia through a sole trader and Payoneer

Registering a sole trader in Armenia with a current account and setting up a verified Payoneer business account so you can receive Patreon payouts lawfully: the platform doesn't support direct SWIFT transfers, and PayPal in Armenia doesn't accept incoming transfers.
Upon consultation
3–5 days

TikTok monetisation

Restoring TikTok monetisation through a sole trader or LLC in Armenia

Registering a sole trader or LLC in Armenia with a bank account and switching the TikTok account to business mode, to bring back donations, gifts in live streams and partner payouts that Russian details can't receive.
Upon consultation
1–2 weeks

Spotify and ONErpm payouts

Spotify and ONErpm payouts through a sole trader or LLC in Armenia

Making royalty payouts from Spotify, Apple Music and the ONErpm aggregator lawful for musicians whose direct transfers the platforms have blocked. The payouts go to an Armenian sole trader or LLC, through a corporate Payoneer account and an account at an Armenian bank.
Upon consultation
1–4 weeks

Instagram and Facebook monetisation

Instagram and Facebook monetisation in Armenia — through a sole trader or LLC

Registering a sole trader or LLC in Armenia, opening a current account and connecting Meta Business Suite to receive Instagram and Facebook monetisation payouts lawfully — directly from Meta or through the Mediacube and Yoola media networks.
Upon consultation
2–5 days

Unity Ads payouts

Receiving Unity Ads payouts through a sole trader or LLC in Armenia

Registering an Armenian sole trader or LLC, opening a bank account in Armenia and setting up the payout profile in the Unity Ads developer dashboard, so you can receive currency payouts to Armenian details lawfully without risking a block.
Upon consultation
~1 week

Envato Market payouts

Envato Market payouts in Armenia through a sole trader

Since 2022 Envato Market has restricted withdrawals for some users: templates and audio still sell, but the money doesn't reach a local account. The answer is a sole trader or LLC in Armenia with an account at an Armenian bank compatible with Payoneer and SWIFT.
Upon consultation
1–4 weeks

Twitch payouts

Twitch payouts in Armenia — through a sole trader

Registering a sole trader in Armenia and opening a bank account so that streamers can receive Twitch payouts again — subscriptions, donations and ads — to Armenian details: the platform accepts them without restriction.
Upon consultation
1–4 weeks

Boosty payouts

Receiving and withdrawing Boosty payouts through a sole trader in Armenia

Advisory support on withdrawing Boosty income for creators: registering a sole trader in Armenia, opening a bank account, setting up the withdrawal channel from the platform to the Armenian account and evidencing the income lawfully.
Upon consultation
1–2 weeks

Stripe and PayPal payouts

Foreign card acquiring with Stripe and PayPal through a company in Armenia

Registering an LLC or a sole trader in Armenia and advice on connecting international payment services. PayPal connects through a Payoneer business account, Stripe Express through Buy Me a Coffee and LemonSqueezy. We also advise on PayProGlobal and Paddle.
Upon consultation
2–3 weeks

Paying for subscriptions and services

Paying for subscriptions and services in Armenia — foreign subscriptions

Paying for foreign subscriptions and services through Armenian details or an account.
Upon consultation
1–4 weeks

Proof of address

Proof of address in Armenia

An official document confirming your address of residence in Armenia — for banks, payment systems and platforms (Payoneer and others).
Upon consultation
1–4 weeks

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