Foreign ownership
Foreign founders permitted
An Armenian LLC may be established by foreign individuals or foreign legal entities, including a sole foreign founder. Corporate founders require an enhanced foreign-document and authority review.
Armenia · Company Formation · Foreign Founders
Company Formation in Armenia
Armenia LLC formation and corporate setup for foreign founders and international businesses — from corporate documents and state registration to beneficial-owner filing, registered-address support and the post-incorporation workstreams needed to establish a functioning Armenian entity.
Formation with operating context
Register the Armenian entity around the business it must support.
Armenia offers a relatively streamlined company-registration process, including for foreign founders. The practical work still depends on the founder type, ownership chain, foreign documents, signing route, registered address and the intended business activity.
The formation scope is kept separate from accounting, banking and licensing unless those workstreams are expressly commissioned. Where the proposed activity is regulated, the corporate structure can be aligned with the relevant authorisation route before operations begin.
Armenia LLC at a glance
Key formation and tax features.
An Armenian limited-liability company can be used by domestic or foreign-owned businesses. The points below summarise the core features relevant before incorporation; regulated activities may be subject to additional licensing, governance, substance or capital requirements.
Management
Foreign director possible
A foreign national may serve as director, subject to the applicable identification, appointment and document requirements. Regulated businesses may face additional management or substance conditions.
Share capital
No general statutory minimum
A standard Armenian LLC is not subject to a general statutory minimum share capital requirement. Sector-specific and regulated activities may have separate capital or prudential requirements.
Registration timing
Typically 1–2 business days
Once complete documents are ready, standard registration is generally completed within one to two business days depending on the founder structure. Preparation may take longer where foreign corporate documents or tailored governance are involved.
Beneficial ownership
Initial filing after registration
The initial beneficial-owner declaration is generally due within 40 days after registration, with annual confirmation and event-driven updates required thereafter.
Corporate tax
18% standard rate
The general Armenian corporate income-tax rate is 18%. The applicable tax regime and any VAT, withholding or cross-border tax consequences depend on the company’s activities and circumstances.
Tax treatment, eligibility for alternative tax regimes, VAT, withholding tax and cross-border structuring are assessed separately where relevant.
Armenia company formation packages
Choose the formation route that matches the ownership structure.
Three defined scopes: standard LLC formation for foreign individual founders, an enhanced route for corporate or complex ownership, and branch or representative-office registration for foreign legal entities.
01 · Standard LLC
Armenia LLC Formation
From €850
For one or more foreign individual founders establishing a standard Armenian limited-liability company.
- Initial review of proposed activity, founders and governance
- Foreign-founder passport and document checklist
- Standard charter and founder decision / meeting documentation
- Director and shareholder documentation
- State registration coordination and corporate extract
- Initial beneficial-owner declaration
- Registered-address requirement review
- Post-registration corporate handover
Registered-address service, translations, notarisation, apostille or legalisation, powers of attorney and other third-party costs are separate unless expressly included.
02 · Enhanced ownership
Corporate Shareholder or Complex Ownership LLC
From €1,250
For foreign corporate shareholders, layered ownership structures, multiple participants or tailored governance arrangements.
- Ownership-chain and UBO mapping
- Foreign corporate extracts and constitutional-document review
- Signatory authority and corporate-approval review
- Certification, apostille / legalisation and translation coordination
- Tailored charter and governance provisions where required
- Power-of-attorney and signing workflow
- State registration and initial beneficial-owner filing
- Corporate records and post-registration handover
Final pricing depends on the ownership chain, foreign-document set, signing route and governance complexity.
03 · Foreign company presence
Branch or Representative Office Setup
From €1,500
For a foreign legal entity establishing a registered presence in Armenia without incorporating a separate subsidiary.
- Branch versus subsidiary structure review
- Parent-company document inventory
- Branch / representative-office regulations
- Manager appointment documentation
- Power-of-attorney and filing workflow
- Certified translation and registration coordination
- Post-registration corporate records and handover
Foreign parent-company documents, translations, notarisation, apostille or legalisation and other third-party costs are scoped separately.
Published prices are LEX ARTA professional fees for the stated standard scope. Final pricing may vary for multiple founders, corporate shareholders, layered ownership, non-standard governance, foreign-document formalities or tailored signing requirements. LEX ARTA does not add VAT.
Regulated, FinTech & crypto businesses
Formation does not replace regulatory assessment or licensing.
Where the Armenian entity will support a regulated or licensing-sensitive business model, the corporate setup can be coordinated with the relevant regulatory workstream rather than expanded into a generic formation package.
01
Regulatory Perimeter
Identify whether the intended activity falls within the Armenian crypto-asset, payments, financial-services or another regulated framework before the operating model is fixed.
02
Applicant Structure
Where authorisation is required, ownership, governance, management, capital and substance considerations can be aligned with the relevant application route.
03
Banking Readiness
Bank and EMI onboarding is handled as a separate readiness workstream based on the business model, ownership, regulatory status and expected transaction profile.
04
AML/CFT & Compliance
AML/CFT frameworks and regulated operating controls are scoped separately where the business model or licensing regime requires them.
Supporting Armenia corporate workstreams
Additional support where the formation requires it.
These items are separate from the core formation packages unless expressly included in the agreed engagement.
Registered Legal Address & Official Mail Handling
Use of an Armenian registered business address for state registration and official correspondence, including receipt notification and electronic copies of official mail.
From €600 / yearCorporate Changes & UBO Filings
Shareholder, director, address, charter and beneficial-owner changes, including later UBO updates or annual confirmation where separately commissioned.
From €500Translation, Apostille & Legalisation Coordination
Coordination of Armenian translations, notarisation, apostille or consular legalisation for foreign personal and corporate documents where required.
Scope-basedInformation required
What is needed to scope Armenia formation.
The initial review focuses on the founder type, ownership structure, business activity and foreign-document requirements that determine the filing route.
01
Business & Ownership
Proposed activities and target markets, founders and shareholders, ownership percentages, proposed director, intended registered address and whether the business is expected to require regulatory authorisation.
02
Foreign-Founder Documents
Passport or foreign corporate-registry documents, constitutional documents of corporate shareholders, evidence of signatory authority and any power-of-attorney, certification, apostille, legalisation or Armenian translation requirements.
Process
From structure review to corporate handover.
01
Scope
Confirm the activity, founder type, ownership, governance, registered-address route and selected formation package.
02
Prepare
Prepare the corporate documentation and organise the foreign-founder, shareholder and director records.
03
Register
Submit the formation file and obtain the Armenian state-registration records and corporate extract.
04
UBO & Handover
Complete the initial beneficial-owner workstream included in scope and deliver the corporate records and next-step handover.
After incorporation
Keep the next workstreams separate and transparent.
Where additional support is required, it can be commissioned separately without inflating the formation package.
01
Banking & EMI Readiness
Prepare the corporate, ownership, business-model and compliance evidence for bank or EMI onboarding.
Explore →02
Tax, Accounting & Financial Reporting
Set up bookkeeping, tax compliance and financial reporting as a separate recurring workstream.
Explore →03
Armenia CASP Licensing
For crypto-asset businesses requiring Armenian regulatory assessment, applicant preparation and licensing support.
Explore →04
Trademark Registration
Protect the company name, trademark and brand in Armenia or international markets through the appropriate filing route.
Explore →Why LEX ARTA
Armenia formation with cross-border and regulatory context.
The focus is not simply on producing a registered entity, but on ensuring the founder documents, ownership structure and corporate setup are coherent with the intended activity and the workstreams that follow.
01
Foreign-Founder Focus
Foreign individual and corporate founders, powers of attorney, certification, apostille and translation requirements are addressed within the formation plan.
02
Ownership & UBO Structuring
Corporate and layered ownership structures are reviewed so the registration and beneficial-owner workstream are prepared consistently.
03
Compliance-Connected
Where the business is regulated, formation can be connected to licensing, AML/CFT and banking-readiness work without mixing those services into the basic package.
04
Defined Scope & Handover
Each engagement defines what is included, what is third-party work and what should be handled under a separate post-incorporation workstream.
Frequently asked questions
Company Formation in Armenia FAQs.
Can a foreign individual or company establish an Armenian LLC?
Yes. Foreign individuals and foreign legal entities may establish an Armenian LLC. The required documents and signing route depend on whether the founder is an individual or a legal entity and on the ownership structure.
How long does standard Armenia LLC registration take?
Once a complete filing set is ready, standard registration is generally completed within one to two business days depending on the founder structure. Foreign corporate documents, translations, powers of attorney or tailored constitutional documents may extend the preparation stage.
Is there a minimum share capital for an Armenian LLC?
There is no general statutory minimum share capital requirement for a standard Armenian LLC. Regulated activities may be subject to separate capital, prudential or licensing requirements.
Can a foreign national be the director of an Armenian LLC?
A foreign national may serve as director of an Armenian LLC, subject to the applicable identification, appointment and document requirements. Regulated activities may impose additional management, suitability or substance requirements.
When is the beneficial-owner declaration filed?
The initial beneficial-owner declaration is filed after incorporation within the applicable statutory period. The current standard timetable is within 40 days after registration, followed by annual confirmation and event-driven updates where required.
Is a registered address included in the Armenia LLC Formation package?
The standard formation package covers the registered-address requirement and document route, but use of an LEX ARTA-coordinated registered legal address and official-mail handling is priced separately unless expressly included in the engagement.
Does Armenia company formation include banking or accounting?
No. Banking and EMI readiness, bookkeeping, tax compliance and financial reporting are separate workstreams and can be commissioned after incorporation where required.
Does incorporation authorise a regulated or crypto business in Armenia?
No. Company formation creates the legal entity but does not grant a regulatory authorisation. Crypto-asset, payment, investment and other regulated business models require a separate perimeter and licensing assessment where applicable.
Armenia
Establish the Armenian entity with the right structure from the start.
Share the proposed activity, founder type, ownership structure and whether standard LLC, complex ownership or branch registration is required.