1. Starting a Business
  2. Starting a Branch of Foreign Company
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Steps (8) arrow_drop_up arrow_drop_down
Obtain certified and notarized translation  (2) expand_more expand_less
Make a payment (foreign branch)  (1) expand_more expand_less
Register a branch of foreign company  (2) expand_more expand_less
Get a company seal (optional) expand_more expand_less
Open a bank account (foreign branch)  (1) expand_more expand_less
Register employees (foreign branch)  (2) expand_more expand_less

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Summary of the procedure

Institutions involved 4 expand_more expand_less

Any notary office in Armenia (x 2)
1 2
State Register Agency of Legal Entities (x 3)
3 4 5
Any bank operating in Armenia
6
Electronic Tax Report System (x 2)
7 8

Results 3 expand_more expand_less

Extract from state register agency
4
Bank Account Agreement
6
Employee registration Confirmation
8

Required Documents expand_more expand_less

an extract from a state register of foreign country
4
Charter of the branch
4
The legal entity’s and/or authority’s decision to establish a branch
4
Statement on real beneficiaries
4
Application for registering a branch of foreign company
4
Receipt of payment of the state duty
4
Passport
4
Charter of a branch
6
Charter of the parent foreign legal entity or other equivalent document,
6
Extract from unified state register
6
Passports or IDs of the head(s) of the executive body and persons authorized to operate the account
6
National ID card
7
ID card reader
7
e-Signature
7
Agreement with State Revenue Committee
7
Application for employee registration
8
Passport & Social Services number
8

Estimated cost AMD  13,000

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AMD expand_more expand_less
  • AMD Add Name Here
This is an estimate based on a series of assumptions which you can modify to calculate your own costs:

Cost detail

Estimate your cost

AMD 500 -
AMD  500 per document
State duty for certification of the authenticity of signatures
1 mode_edit
AMD 500 -
AMD  500 per document
State duty for certification of the authenticity of translation
1 mode_edit
AMD 12,000
State duty for foreign branch registration

Total Duration 15mn - 2d 1/2  expand_more expand_less

  Min. Max.
Total time (sum): 15mn 2d 1/2
of which:
Waiting time in queue (sum): 5mn 20mn
Attention at counter: 10mn 25mn
Waiting time until next step (sum): 0mn 2d

Laws 8 expand_more expand_less

Tax Code of the Republic of Armenia (ENG) Tax Code of the Republic of Armenia (ENG)
  articles 53, 156
Government of the Republic of Armenia Decree N 733-N as 26.05.2011 Government of the Republic of Armenia Decision N 733-N as 26.05.2011 (ARM)
  articles 22, 24
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)
  articles 11, 16
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 54
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