Essential Changes in Labor Code of the Republic of Armenia: Main Aspects
On May 03, 2023, the National Assembly of the Republic of Armenia passed Law No 160-N entitled “On Amendments and Addenda in the Labor Code of the Republic of Armenia”.
25.07.2023
A franchise is a legal and commercial relationship between the owner of a trademark, brand, or business model (franchisor) and an individual or group (franchisee) who is granted the right to operate a business using that trademark, brand, or business model.
Main comments regarding the ra law "on non-cash settlements" entered into force
From July 1, 2022, payment for a number of transactions, including for the alienation of goods and property, for the use of goods and property, for the performance of work and the provision of services, as well as for transactions for the payment of passive income, for obtaining or issuing a loan from organizations or individual entrepreneurs, where one of the parties is an individual, and where the transaction amount exceeds 300,000 AMD, is to be implemented in a non-cash form.
02.08.2022
Benefits of relocation of business to Armenia: Strategic geographical location and ease of travel to Europe and East Asia with direct flights to major destinations
25.07.2022
In a period of unprecedented geopolitical turbulence and associated financial and logistical challenges, many entrepreneurs are considering relocating their businesses to more politically and economically stable jurisdictions. An alternative to the countries of the European Union and offshore countries can be rapidly developing member states - Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan.
11.05.2022
If you are interested in establishing a presence in a new market, restructuring your current operations, or expanding the geographical coverage of your business, the jurisdictions of Caucasus and Central Asia could offer a great potential from economic and legal standpoints. The region is strategically located between Europe and Asia, offering a unique position for companies who do business in both markets.