-
100%
foreign ownership is permitted.
-
Long-term land leases are freely permitted.
-
Corporate tax holidays are available for investments
over AMD 500 million.
-
Basically there are no duties on the import of statutory
capital, raw materials and equipment.
-
Exports are duty free
-
VAT (Value added tax) on exports is refunded
-
Losses may be carried forward indefinitely
-
Free operation of foreign currency accounts
-
No
restrictions exist on remittances
-
No restrictions exist on staff recruitment
-
There are no sectored or geographic restrictions; some
incentives for investment in the earthquake zone exist.
- There
are investment guarantees which include a five-year protection
clause and MIGA membership.
-
Foreign business have favorable tax rates
