Legalization in Armenia for Foreign Business Owners Obtaining a Residence Permit (Resident Card)
In an era of change, business is no longer tied to a single point on the map. A business owner chooses not only the market and business environment but also the country where the project can succeed. This is especially relevant for IT specialists, for whom Armenia offers very favorable tax conditions.
Armenia is not just a convenient place to conduct business; it is a territory of stability, a transparent tax system, and a real opportunity to obtain legal residency based on business activity.
The Armenian Residence Permit (Resident Card) is more than just a document — for a business owner, it means:
In addition to standard grounds, foreigners who are sole proprietors or founders/co-founders of legal entities, as well as their family members, are eligible to apply for a Residence Permit in Armenia.
• Legal stay in the country
• Tax and legal status within the country
• Confirmation of legal status in the same jurisdiction where the business is registered
which may be important for obtaining service contracts from foreign partners
• A foundation for long-term presence, relocation of family members, obtaining permanent residency, and eventually Armenian citizenship
How can a business owner obtain a Residence Permit?
Registration of a business (sole proprietorship or legal entity) and opening of bank accounts
Business activity over several months with the generation of income
Preparation of documents and submission of the Residence Permit application
Issuance of the Resident Card (Residence Permit) valid for 1 year
Renewal of the Resident Card on the same basis and obtaining a 5-year Permanent Residency status
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