1. Becoming a resident of free economic zone
  2. Becoming a Resident of Free Economic Zone
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Properties

Steps (7) arrow_drop_up arrow_drop_down
Receive a reference from the FEZ organizer  (2) expand_more expand_less
Apply for FEZ residency  (3) expand_more expand_less
Receive Permit Certificate  (2) expand_more expand_less

3
Submit an application
(last modified: 25/02/2020)

Waiting time until next step

20 days  -  25 days

Contact details

Entity in charge

Ministry of Economy

5 Mher Mkrtchyan, Yerevan 0010
Tel: +374 11 597 205 / +374 11 597 206
Email: secretariat@mineconomy.am
Website: http://mineconomy.am/en
Directions: Google maps

Unit in charge

Department of Industrial Development

Mon: 09:00 - 13:00, 14:00 - 18:00
Tue: 09:00 - 13:00, 14:00 - 18:00
Wed: 09:00 - 13:00, 14:00 - 18:00
Thu: 09:00 - 13:00, 14:00 - 18:00
Fri: 09:00 - 13:00, 14:00 - 18:00

Person in charge

Employee

Tel: +37411597145
Email: mfez@mineconomy.am

Requirements

1. Application Form
Application Form
2. Business Plan
Business Plan
3. Initial declaration
Initial declaration
4. Reference from the FEZ organizer
Reference from the FEZ organizer

Time frame

The Ministry of Economy, within 1 business day after receiving the application, electronically sends the application to the Commission members.

The Commission, within 5 business days upon receiving the application, carries out an examination of the submitted documents and makes a conclusion.

The Ministry of Economy submits the conclusion to the Government for consideration within 10 business days after receiving the application.

The Government, within 15 business days after receiving the conclusion, makes a decision on either granting a permission or refusing the application.

Waiting time until next step: Min.   20 days - Max.   25 days

Legal justification

1. Law on Free Economic Zones as of 25.05.2011 (ARM)
Law on Free Economic Zones as of 25.05.2011 (ARM)
2. Government of the Republic of Armenia Decision No 727-N as of 06.06.2019 (ARM)
Government of the Republic of Armenia Decision No 727-N as of 06.06.2019 (ARM)

Additional information

The business plan is assessed based on the following criteria:

1. export policy, destinations and volumes;

2. compliance with the aims of establishing the free economic zone and its operational nature;

3. number of employees;

4. amount of total investments.

Recourse: Ministry of Economy

Entity in charge

Ministry of Economy

5 Mher Mkrtchyan, Yerevan 0010
Tel: +374 11 597 205 / +374 11 597 206
Email: secretariat@mineconomy.am
Website: http://mineconomy.am/en
Directions: Google maps

Unit in charge

Department of Industrial Development

Mon: 09:00 - 13:00, 14:00 - 18:00
Tue: 09:00 - 13:00, 14:00 - 18:00
Wed: 09:00 - 13:00, 14:00 - 18:00
Thu: 09:00 - 13:00, 14:00 - 18:00
Fri: 09:00 - 13:00, 14:00 - 18:00

Person in charge

Mher Shahinyan

Chief Specialist
Tel: +37411597145
Email: mshahinyan@mineconomy.am
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