Armenia

Paying Taxes in

Armenia

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

About This Topic

To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Social security contributions 7 online filing as of July 2010 205 (i) AMD 7,000 for first AMD 20,000 of monthly salary; (ii) AMD 7,000 plus 15% of the monthly salary exceeding AMD 20,000; (ii) AMD 19,000 plus 5% of the monthly salary exceeding AMD 100,000. gross salaries 23
Corporate income tax 7 online filing as of July 2010 132 20.0% taxable profit 16.8
Land Tax 4 1.0% cadastral value 0.8
Property tax on Building 4 0.3% cadastral value 0.3
Vehicle tax 4 (1) 1-120 horsepower - AMD 200 per horsepower; (2) 121-250 horsepower - AMD 300 per horsepower, and additional AMD 1000 per each horsepower in excess of 150 horsepower; (3) 251 and more horsepower - AMD 500 per horsepower, and additional AMD 1000 per each engine of the vehicle (in horsepower) 0
Environmental pollution charge for vehicles 1 AMD 50 per horsepower engine of the vehicle (in horsepower) 0
Value added tax (VAT) 7 online filing as of July 2010 163 20.0% value added, land sale not included
Totals: 34 500 40.9
Explore Economy Data