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ArmeniaPOPULAR CHOICERemote and in person

Setting up a sole trader in Armenia, end to end

Sole trader registration, a bank account, tax registration, a social card and Visa/Mastercard cards. Remote setup is for people who work online: IT, SMM and similar fields. If the business involves goods, the bank won't open the account remotely.

Price from
$450
Timeline
1 day
Tax
10% turnover tax on services (1% if the activity is on the hi-tech list)
Not suitable for every kind of service

From 1 July 2025 turnover tax is closed to classifier groups 69 and 70 — legal and accounting services, head offices and management consulting — and to codes 78.2 and 78.3, the supply of personnel. A separate rule closes it to notaries, auditors and advocates. Those activities are left with the general system: 23% profit tax for a sole trader and 20% VAT. Marketing, advertising, engineering, architecture and medicine keep turnover tax — what is closed to them is the micro-business regime.

Tax calculator for ArmeniaOpen it and see what you keep after tax

The regime being compared is «Turnover tax (10%, services)». Enter your own revenue and the rate you pay today — whichever it is.

Today (15% rate)
$375
per month
Turnover tax (10%, services)
$250
per month
Today
Armenia
You save per month
$125
$1,500
over 1 year
$4,500
over 3 years
$7,500
over 5 years

An indicative calculation from the figures you entered — it does not account for deductions, double taxation treaties or the specifics of your current jurisdiction. The exact calculation comes on the free consultation.

Choosing

Sole trader or company in Armenia

The difference is the tax, and whether you work alone or with partners. A sole trader pays 10% on turnover from services as long as last year's turnover stayed under AMD 115m. A company pays 18% on profit and 20% VAT by default, and the turnover regime is not open to every activity. A sole trader with a bank account is registered in a day from $450, remotely if you work online. A company costs from $900. Its account is opened when the director visits Yerevan for 7–14 working days. Without the trip, it is opened through the company's account at a bank in another country. Neither grants residence.

Packages

In person in Armenia

You come and sign it yourself

from$450
  • Sole trader registration
  • Notary and translations
  • Support from a specialist
  • Accounts from day one: business and personal
  • Social card and Visa/Mastercard cards
  • Bank fees

Remotely by power of attorney

Without travelling — for online work

from$600
  • Sole trader registration by power of attorney
  • Notary, translations and drawing up the power of attorney
  • Support from a specialist
  • Accounts from day one: business and personal
  • Social card and Visa/Mastercard cards
  • Bank fees

We fix the exact package after reviewing your case. You pay the expert directly.

Company formation in Armenia: comparing the options

The difference is not the price — it is who each option suits. The “Best for” column is the business profile the option is built around.

OptionBest forTimelinePrice
Setting up a sole trader in Armenia, end to endyou are hereRemote work without flying in, freelancers, payment platforms and Stripe, apps on the App Store and Google Play1 dayfrom $450
Setting up an Armenian LLC, end to endPartner businesses, hiring staff, protecting assets1–2 weeksfrom $900
AdSense and YouTube monetisation through a sole trader or company in ArmeniaYouTube creators who lost AdSense monetisation, owners of sites with Google ads, app developers using AdMob, production companies and studios running several channels, anyone who needs an AdSense account in their own name2–4 weeksUpon consultation

Documents and programme requirements

  • 1A notarised power of attorney
  • 2A notarised translation of your passport

How the process runs

1 day
  1. ApplicationThe application states your registered address and your line of business under the classifier.
  2. State dutyFiling online is free. In person the state duty is AMD 3,000, and the receipt goes in with the passport.
  3. FilingIn person, documents are accepted at the State Register of Legal Entities: Yerevan, Komitas 49/3.

Frequently asked questions

Is it true you can pay just 1% turnover tax in Armenia?
True, but the mechanism has changed. The old IT certificate was abolished on 1 January 2025. The 1% rate now follows the activity itself: the code must appear on the government list approved by resolution No. 142-N of 13 February 2025 — software development, electronic systems design, data processing. No separate status or certificate is issued. The threshold is the general one for turnover tax: last year's revenue no higher than AMD 115m. The 1% line in the code runs until 31 December 2031. For other services the turnover tax rate is 10%.
Does an Armenian sole trader work for Apple Developer and Google Play?
Yes. With a sole trader in Armenia you can open an Apple developer account and a Google Play account and receive payouts for apps and in-app purchases. You need an account with an Armenian bank and a D-U-N-S number. We register the accounts as a separate service on top of setting up the sole trader. The Apple Developer Program fee, $99 a year, is paid to Apple directly.
Can a sole trader receive payments and pass them straight on?
No. Armenian banks don't accept transit transactions, where money arrives in the account and leaves again straight away.

We'll check your case before you pay

Send an enquiry — we will check your case and help you arrange “Setting up a sole trader in Armenia, end to end” in Armenia. No markup on top.

We'll cover: whether you qualify, the full cost with fees, realistic timelines, the document list. If it's not for you, we'll say so.