Armenian passport holders can travel to various countries around the world, each of which has its own visa requirements. Approximately 81 states and territories provide visa-free entry or visa-on-arrival to Armenian citizens.

By opening a company in this country, you retain the opportunity to work with both the Russian and global markets.

Benefits: 

• zero VAT rate

• zero income tax rate

The Law “On Citizenship of the Republic of Armenia” allows citizens to have a second passport. Individuals are not required to notify authorities when obtaining another national identity card. 

Armenia took seventh place among the 142 safest countries in the world with a safety index of 78 points. This is evidenced by the analysis of the world's largest cost of living database, Numbeo.