1. Starting a Business
  2. Starting a Joint Stock Company (JSC)
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Properties

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Properties

Steps (4) arrow_drop_up arrow_drop_down
Register a company (Joint Stock)  (1) expand_more expand_less
Get a company seal (optional) expand_more expand_less
Open a bank account (Joint Stock)  (1) expand_more expand_less
Register employees (Joint Stock)  (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
1
Any bank operating in Armenia
2
Electronic Tax Report System (x 2)
3 4

Results 3 expand_more expand_less

Extract from state register agency (JS)
1
Bank Account Agreement
2
Employee registration Confirmation
4

Required Documents expand_more expand_less

Request form for company name
1
Statement on real beneficiaries
1
Application (Joint Stock)
1
Charter (OJSC)
1
Decision of founders on founding a legal person (OJSC)
1
Charter (CJSC)
1
Decision of founders on founding a legal person (CJSC)
1
Passport
1
Extract from unified state register
2
Passports or IDs of the head(s) of the executive body and persons authorized to operate the account
2
Charter (OJSC)
2
Charter (CJSC)
2
National ID card
3
ID card reader
3
e-Signature
3
Agreement with State Revenue Committee
3
Application for employee registration
4
Passport & social services number of an employee
4

Cost

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Total Duration 20mn - 45mn  expand_more expand_less

  Min. Max.
Total time (sum): 20mn 45mn
of which:
Waiting time in queue (sum): 10mn 20mn
Attention at counter: 10mn 25mn

Laws 5 expand_more expand_less

Tax Code of the Republic of Armenia (ENG) Tax Code of the Republic of Armenia (ENG)
  articles 53, 156
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)
N197 decision of the president of RA SRC Order N 197 of 26.06.12 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 33-36
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