1. Starting a Business
  2. Becoming an Individual Entrepreneur
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Steps (3) arrow_drop_up arrow_drop_down
Make a payment (EI)  (1) expand_more expand_less
Register as an individual entrepreneur  (1) expand_more expand_less
Open a bank account  (1) expand_more expand_less
Become a turnover taxpayer  (2) expand_more expand_less

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Summary of the procedure

Institutions involved 3 expand_more expand_less

State Register Agency of Legal Entities (x 2)
1 2
Any bank operating in Armenia
3
Electronic Tax Report System (x 2)

Results 3 expand_more expand_less

Extract from state register agency (IE)
2
Bank Account Agreement
3
Taxpayer registration confirmation

Required Documents expand_more expand_less

Application (IE)
2
Passport
2
Extract from state register agency (IE)
3
National ID card (x 2)
3
ID card reader
e-Signature
Agreement with State Revenue Committee
Application form on being deemed turnover taxpayer

Estimated cost AMD  3,000

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AMD expand_more expand_less
  • AMD Add Name Here
AMD 3,000
State duty for individual entrepreneur registration

Total Duration 35mn - 1h. 30mn  expand_more expand_less

  Min. Max.
Total time (sum): 35mn 1h. 30mn
of which:
Waiting time in queue (sum): 15mn 45mn
Attention at counter: 20mn 45mn

Laws 7 expand_more expand_less

Tax Code of the Republic of Armenia (ENG) Tax Code of the Republic of Armenia (ENG)
  articles 253-265, 455
Law on State Duty of the Republic of Armenia (ARM) Law on State Duty of the Republic of Armenia (ARM)
Law on State Duty of the Republic of Armenia Law on State Duty of the Republic of Armenia (ENG)
  Article 16.2
Order N 120-A of 08.02.10 of RA State Revenue Committee President Order N 120-A of 08.02.10 of RA State Revenue Committee President (ARM)
Order N191 of 27.06.17 of RA State Revenue Committee President Order N191 of 27.06.17 of RA State Revenue Committee President (ARM)
Tax Code of the Republic of Armenia (ARM) Tax Code of the Republic of Armenia (ARM)
THE LAW ON STATE REGISTRATION OF LEGAL ENTITIES The Law on State Registration of Legal Entities & Individual Entrepreneurs (ARM)
  Article 27-31
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