Setting up an Armenian LLC, end to end
An LLC with a business account at an Armenian bank. The account is opened when the director visits Yerevan. Remotely, it is opened through the company's account at a bank in another country, other than Russia or Belarus.
- Partner businesses
- Hiring staff
- Protecting assets
Company or sole trader 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
LLC registration
A company with a business account
- Preparing the founding documents and registering the company
- Notary services and translations
- Opening the business account and support at the bank
- Help choosing the tax regime
- The bank's application fee
- A registered address with mail handling — $220 a year
- Bookkeeping — tax returns are due from the first month
- Trust management for citizens of EAEU countries — $600 plus AMD 50,000 (≈$140) for the director's salary, each month
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.
| Option | Best for | Timeline | Price |
|---|---|---|---|
| Setting up a sole trader in Armenia, end to end | Remote work without flying in, freelancers, payment platforms and Stripe, apps on the App Store and Google Play | 1 day | from $450 |
| Setting up an Armenian LLC, end to endyou are here | Partner businesses, hiring staff, protecting assets | 1–2 weeks | from $900 |
| AdSense and YouTube monetisation through a sole trader or company in Armenia | YouTube 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 name | 2–4 weeks | Upon consultation |
Documents and programme requirements
- 1A passport for the founder and the director — they can be the same person
- 2Share capital — from AMD 10,000 (≈$28)
- 3To open the account — the director visits Yerevan for 7–14 working days. Without the trip — the company's account at a bank in another country, other than Russia or Belarus
- 4The director is on the payroll at AMD 104,000 (≈$290) a month or more before tax. This can start once the company begins trading
- 5A work permit for the director unless they are a citizen of Armenia, Russia, Belarus, Kazakhstan or Kyrgyzstan. It takes 2–3 months, and the company starts trading only once it is issued
- 6A client contract, current or past — advisable, as the bank checks the business
Frequently asked questions
Can the LLC's account be opened without coming to Yerevan?
Who can use trust management?
How often can you take the profit out?
Sources
Related breakdowns
Taxes for sole traders in Armenia: 1%, 10% and more
Turnover tax in Armenia: 1% for activities on the high-tech list, 10% for other services, an AMD 115m threshold and fixed monthly contributions.
Georgia or Armenia: where to set up as a sole trader
A sole trader in Georgia from $170 with 1% tax against Armenia from $450 with a bank account: taxes, timelines from one day, remote registration.
A Schengen visa to Spain from Armenia: a step-by-step guide
From personal experience: a Schengen visa to Spain from Armenia without residency — documents, the social card, BLS booking, timings and fees.
We'll check your case before you pay
Send an enquiry — we will check your case and help you arrange “Setting up an Armenian LLC, 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.