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Armenia
Armenia Offshore Company Formation with Residence Permit
Armenia is emerging as a highly attractive jurisdiction for offshore company formation, offering a strategic geographical location at the crossroads of Europe and Asia, a favorable business climate, and accessible pathways to residence permits for foreign entrepreneurs. Its combination of low operating costs, simple legal procedures, and advantageous tax policies makes Armenia an ideal destination for investors and business owners seeking to establish a presence in the Eurasian region while gaining legal residency rights.
Types of Company Formation with Residence Permit
Limited Liability Company
- No minimum capital required
- At least 1 shareholder (individual or legal entity)
- At least 1 director, can be the shareholder
- Limited liability for shareholders
- 100% foreign ownership allowed
- Separate legal entity from its owners
Joint Stock Company
- Minimum Capital Requirement:
- Private JSC: No fixed minimum capital
- Public JSC: Minimum capital applies if listed on a stock exchange (amount varies based on market rules)
- Shareholders: At least one shareholder (individual or legal entity, local or foreign.
Branch Office
- 100% foreign ownership allowed
- Can conduct business, sign contracts, and open bank accounts
- Managed by a local branch representative
- No minimum capital required
- Taxed on Armenian-source income (20% corporate tax)
Representative Office
- 100% foreign-owned
- No minimum capital requirement
- Cannot generate income or sign commercial contracts
- Must appoint a local representative
- Used for brand presence, research, or coordination
Advantages
Limited Liability Company
- Fast registration in a few business days (in person or remotely)
- No minimum capital required
- Tax-efficient (20% corporate tax, possible reductions)
- 100% foreign ownership and control
- Supports bank account setup and residence permit application
Joint Stock Company
- Access to capital via equity financing
- High credibility in international business
- Scalable structure; convertible to public company
- 100% foreign ownership allowed
- Flexible ownership & governance models
- Tax benefits through double tax treaties (20% corporate tax)
Branch Office
- Quick Setup: Faster and simpler registration process compared to forming a separate company
- Cost-Efficient: No minimum capital required
- Direct Market Access: Ideal for exploring or entering the Armenian market
- Full Control: Parent company retains full control over operations and profits
- Banking and Contracts: Can open local bank accounts and enter into agreements in Armenia
Representative Office
- Easy and fast setup
- No capital requirement
- 100% foreign ownership
- Cost-effective way to enter the market
- Ideal for research, marketing, and networking
- Builds local presence without business liability
