ArmeniaRemote and in person

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.

Price

Upon consultation

Timeline

1–4 weeks

What the service includes

Scope: a tick means included in the price, a cross means not included
	Registering a sole trader in Armenia entirely online, with no visit to the country, or an LLC — its account is opened when the director visits Yerevan or through the company's account at a bank in another country, other than Russia or Belarus
	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
	Arranging residence end to end — that's a separate process requiring one visit to Armenia to file the documents
	Processing payments and selling ready-made accounts: transfers are made by the bank, Payoneer and Envato Market— not offered
	A payout approval guarantee: Envato Market and the bank decide— not offered

Documents and programme requirements

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 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?

Not for a sole trader: registration and the account are arranged remotely. An LLC's account is opened when the director visits Yerevan. Without the trip, it is opened through the company's account at a bank in another country, other than Russia or Belarus. Residence, if you need it, takes one trip to file the documents.

Related breakdowns

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We'll check your case before you pay

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.

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.