ArmeniaRemote and in person
Envato Market payouts in Armenia through a sole trader
Since 2022 Envato Market has restricted withdrawals for users in Russia — selling templates, audio and other content on ThemeForest, AudioJungle and VideoHive still works, but the money can't reach a Russian account. The answer: registering a sole trader or LLC in Armenia and opening a current account at an Armenian bank compatible with Payoneer and SWIFT, then updating the payee details in the Envato Market profile — entirely remotely, with no visit to the country.
Price
On request
Best for
Envato Market payouts
Timeline
1–4 weeks
Tax
—
Format
Remote and in person
What the service includes
| Registering a sole trader or LLC in Armenia entirely online, with no visit to the country | |
| Opening a current account at an Armenian bank able to receive payouts from Payoneer and by SWIFT | |
| Updating the Envato Market profile: entering the Armenian entity's name and the new details | |
| A consultation on the tax regime: micro business — 0%, a sole trader on the simplified regime or an LLC for IT services — 1% of turnover, royalties — 10% of turnover | |
| The right to apply for Armenian residence as an added bonus of registering the sole trader | |
| Processing the payments themselves — the transfers are made by the bank, Payoneer and Envato Market; the company doesn't process payments and doesn't sell ready-made accounts— billed separately | |
| A guarantee that Envato Market or the bank approves payouts — those decisions are made by the banks and international services— billed separately | |
| Arranging residence end to end — that's a separate process requiring one visit to Armenia to file the documents— billed separately |
What we need from you
- 1An active author account on Envato Market (ThemeForest, AudioJungle, VideoHive and others)
- 2Willingness to register a sole trader or LLC in Armenia — per the site it suits authors, designers, developers, composers and motion designers
- 3Relevant for freelancers from Russia, Belarus and other CIS countries working with a foreign audience
- 4For residence as an added bonus — one visit to Armenia to file the documents (registering the sole trader and the account need no visit)
Frequently asked questions
Can I work with Envato through an Armenian company?
Yes. The key is to enter an Armenian entity and an account that meets the platform's requirements.
Does the account work with Payoneer?
Yes. We open an account able to receive payouts from Payoneer and by SWIFT.
How quickly is it all arranged?
Registering the sole trader and opening the account usually take 5-10 working days, and about a month if done remotely.
What about taxes?
Micro business in Armenia is taxed at 0%, and on the general regime it's 1-10% depending on the field of activity.
Do I have to travel to Armenia?
No. It's all arranged remotely — registering the business, opening the account, and even residence (that needs one trip to file the documents).
Ready to start?
Send an enquiry — we will check your case and help you arrange “Envato Market payouts in Armenia through a sole trader” in Armenia. No markup on top.