Proper tax accounting is extremely important in the process of business establishment and development. Knowledge of tax accounting regulations and legislative specifics will also help differentiate between deductible and non-deductible financial expenses from a tax perspective. Correct application of such classification is essential for any business, primarily because it supports the accurate declaration of tax […]
Operating a business in Armenia requires strict compliance with local accounting and tax regulations. Proper accounting not only ensures legal conformity, but also supports effective financial management, enabling better decision-making and long-term stability. This is especially important for businesses new to the Armenian market or founded by foreign entrepreneurs. Navigating local laws—from maintaining proper documentation […]
The tax system in Armenia is designed to be efficient and business-friendly. The Republic of Armenia has a favorable and transparent tax system characterized by relatively low tax rates. Most taxes are paid directly into the state budget. Armenia’s tax legislation is based on international best practices, ensuring a tax environment conducive to stable economic […]
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