Eternity Law International News Ready-made company in Armenia

Ready-made company in Armenia

Published:
August 9, 2023

Armenia is a country located in the south of the Caucasus and does not belong to offshore zones. This jurisdiction is attractive for investors with comprehensive support for start-ups, simple registration of activities and loyal conditions of the commercial environment. Armenia is a link between Europe, the Eurasian Economic Union, Iran, as well as Canada, Switzerland, Japan, Norway and America. These are states with which Armenia has many trade opportunities and an excellent track record of effective cooperation. In addition, the country has become more interesting for entrepreneurs after the introduction of new economic legislation. The jurisdiction is open to foreign businessmen and strongly supports any commercial undertakings. Investors may buy shelf companies in Armenia as well: it’s perfect way for time and money saving. 

Our company specializes in the establishment and licensing of companies around the world. We work with hundreds of jurisdictions and in many business areas. Our lawyers will provide you with comprehensive professional assistance in obtaining a Forex license in Singapore, a gambling license in Malta, a crypto permit in Estonia and much more. Our managers are ready to provide you with all the necessary information regarding further cooperation at any time convenient for you.

Purchase a shelf companies in Armenia: key benefits

Among the main advantages of company incorporation in this country are next-mentioned:

  • favorable working conditions: the availability of free economic zones, a large flow of tourists, tax incentives, etc.;
  • a high-quality education system, which allows you to find qualified employees in the company;
  • the ability to hire a nominee director and enhance the confidentiality of the firm;
  • many banking institutions that allow you to manage accounts online;
  • the ability to quickly enter the international market;
  • efficiency and internationality.

Foreign investors need to take into account the fact that in Armenia, companies that reinvest income in their development are quite rare. But such actions are supported by the law basis and authorities of the country. Opening a company in this jurisdiction with further reinvestment of profits (or without it) also involves partnership with regulators, due to which legal responsibility will be shared.

Companies with bank account for sale in Armenia: types of shelf firms

There are the following types of firms in the jurisdiction:

  • limited liability company;
  • joint-stock company (open and closed);
  • partnership (full and limited type of liability).

A limited liability company has one or more founders, while the capital is divided into parts of the property with a nominal price, which is indicated in the company’s charter. The persons participating in this company are not responsible for the obligations of the company. They are responsible for the risks of losses that are associated with the operation of the enterprise within the amount of their initial investment. The profit is also divided by shares of investments. The limited liability company and the founders of the company pay tax commissions separately.

A joint-stock company is a company whose capital is divided into shares that determine the obligations and rights of shareholders in relation to the enterprise. Only this type of firm is allowed to issue shares. The shareholders of the enterprise are not liable for obligations and are solely responsible for losses in the amount of shares they own.

How to get ready-made companies in Armenia

Buying shelf companies in Armenia is quite easy, especially with the help of our qualified specialists.

  1. First you need to choose a company that fully fits all your needs. Keep in mind not only the future direction of your activity, but also analyze the target audience and the commercial side. Be sure to keep track of all debts and ask for accounting reports to be checked so that you do not run into hidden problems in the future. Our lawyers will help you with this and provide all the necessary information.
  2. Next, you need to prepare a complete package of papers that are required for re-registration of the business. Our specialists will also take care of this.
  3. After the purchase and sale is completed, the name of the enterprise should be changed, entered into the register and new directors appointed.
  4. An important step is opening a bank account in the country and connecting the necessary payment systems to work with clients.

Qualified specialists of our company offer full support at all stages of re-registration when buying companies with bank account in Armenia and other jurisdictions. We will also assist in licensing and obtaining additional permits for any type of activity, including forex business, gambling and cryptocurrencies. Our experts will not only become your reliable allies at all stages of this procedure, but will also provide comprehensive advice on various issues, in particular, why it is beneficial to register a brokerage company in Serbia and many other things.

Document list and requirements for company incorporation in Armenia

Entrepreneurs can become the owner of companies for sale in Armenia with the help of the professionals of our law firm. You can start a business, regardless of your citizenship, and the entire re-registration will not take much time. The main thing is the preparation of a complete document package. At the same time, everything needs to be carefully checked:

  • the Statute must be registered and ready for renewal;
  • it is important that the company has a registered name, which the new owner will change in the future;
  • the company must have an identification number. You can also issue a tax number yourself;
  • it is especially important to check whether the acquired company also has a history of activity.

The decision to buy shelf companies in Armenia is one of the easy and quick options to create your own business in Armenia. Basically, shelf companies are sold without a history of activity, because it is easier to adjust the company to any type of business and for further sale.

How to purchase a shelf companies in Armenia

It is necessary to initially decide what type of enterprise you want to acquire, and voice your criteria to a specialist who will select options for shelf companies in Armenia. We will check all reporting, make copies of legal documents and provide full support at all stages of registering your business in Armenia.

When the company is already in your possession, our specialists will help with the registration of the VAT number and licensing of your activity, if necessary. The acquisition of a ready-made company in Armenia consists of the following steps:

  • registration of documents at the notary;
  • then a director should be appointed;
  • opening a bank corporate account;
  • entering new data in the Commercial Register.

With any questions, you can contact the experts of our company, who have been working in this industry for many years and know all the nuances of the procedure for buying a ready-made enterprise.

Tax system of Armenia

This jurisdiction has a fairly loyal tax system. VAT is 20%, income tax is 21% and income tax is 18%.

How much does companies with bank account for sale in Armenia cost?

The total price of the entire procedure for buying a ready-made company in Armenia, together with additional service range provided by our specialists, is calculated individually for each client. Before the start of the reissuance, you will be given a full estimated price with all necessary expenses. At the same time, our experts will optimize your expenses in the best possible way and offer the most favorable conditions for cooperation.

What is included in the cost of our services

The specialists who work in our company have tremendous experience and help clients from different countries to open and develop their business in Armenia and other jurisdictions.

  1. Ready-made companies for sale in hundreds of jurisdictions.
  2. Licensing of activities and issuance of related permits.
  3. Full support during the purchase and registration of a business.
  4. Additional corporate service range (assistance in recruitment, office rent, etc.).
  5. Opening a bank account.
  6. Comprehensive professional consulting.

We guarantee loyal conditions and high-quality results. Our company respects and values each client.

How do I buy a ready made business in Armenia?

Purchasing  shelf companies in Armenia is an opportunity to quickly integrate into the local market and begin to make a profit from the very beginning of commercial activity. To do this, you should contact the specialists of our company for professional legal assistance. We are ready to offer you many options for ready-made companies for sale, as well as full support when completing a business transfer deal.

What is an aged shelf corporation in Armenia?

Shelf companies are structures that were created and left without any activity. They remain out of service until such companies are transferred to their new owners. Our company provides professional assistance in purchasing companies with bank account in Armenia and other jurisdictions around the world.

What types of ready-made companies are for sale in Armenia?

In Armenia, as in most other jurisdictions, two types of сompanies with bank account for sale in Armenia can be purchased. The first of these have never been in operation and have a clean history. The latter were already conducting commercial activities, however, they were then suspended. We are ready to offer you many options for ready-made companies for sale in the first and second categories.

What are the risks of buying a ready-made company in Armenia?

When deciding to purchase a shelf companies in Armenia, an entrepreneur may face a number of risks. The first and main thing is the presence of any negative incidents in the history of the company, if such an enterprise was already in operation. These may be debts or other obligations to third parties. In addition, the company may have been improperly established or have previously gone through bankruptcy proceedings. Our specialists will help you conclude a profitable and effective deal, accompanying you every step of the way.

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