Armenia

Ease of Doing Business in

Armenia

This page summarizes Doing Business 2016 data for Armenia. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

Economy Overview

 
Region Europe & Central Asia
Income Category Lower middle income
Population 2,983,990
GNI Per Capita (US$) 3,810
City covered Yerevan
Doing Business 2016 Rank Doing Business 2015 Rank
X

DOING BUSINESS 2015 RANK

Last year's rankings are adjusted. They are based on 10 topics and reflect data corrections.

Change in Rank
35 38 down 3

Doing Business 2016 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

Doing Business 2015 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

Change in DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

74.22 72.68 down 1.54
Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

Paying Taxes

X

Paying Taxes

This data shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes.

DB 2016 Rank 41 DB 2015 Rank
X

DOING BUSINESS 2015 RANK

Last year's rankings are adjusted. They are based on 10 topics and reflect data corrections.

41 Change in Rank 0
DB 2016 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

82.51 DB 2015 DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

82.51 Change in DTF (% points)
X

DISTANCE TO FRONTIER SCORE

The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

0.00
Indicator Armenia Europe & Central Asia OECD high income
Payments (number per year)
X

Payments (number per year)

The total number of payments per year. The indicator reflects the total number of taxes and contributions paid, the method of payment, the frequency of payment, the frequency of filing and the number of agencies involved for the standardized case study company during the second year of operation.

View methodology

10.0 19.2 11.1
Time (hours per year)
X

Time (hours per year)

The time it takes to prepare, file and pay (or withhold) the corporate income tax, value added or sales tax, and labor taxes, including payroll taxes and social contributions (in hours per year).

View methodology

313.0 232.7 176.6
Total tax rate (% of profit)
X

Total tax rate (% of profit)

The total tax rate measures the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.

View methodology

19.9 34.8 41.2
Profit tax (% of profit)
X

Profit tax (% of profit)

The amount of taxes on profits paid by the business as a percentage of commercial profit.

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19.1 10.8 14.9
Labor tax and contributions (% of profit)
X

Labor tax and contributions (% of profit)

The amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits.

View methodology

0.0 20.4 24.1
Other taxes (% of profit)
X

Other taxes (% of profit)

The amount of taxes and mandatory contributions paid by the business as a percentage of commercial profit that are not already included in the categories of profit or labor taxes.

View methodology

0.8 3.1 1.7
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Corporate income tax 1 online 113 20% taxable profit 19.11
Land Tax 2 1% cadastral value 0.51
Property tax on Building 2 0.3% cadastral value 0.29
Vehicle tax 2 varies depends on horsepower 0.02
Environmental pollution charge for vehicles 1 AMD 50 per horsepower engine of the vehicle (in horsepower) 0.01
Income tax (includes social security contributions - employees) 1 online 103 (i) 24.4% of monthly taxable income up to AMD 120,000; (ii) AMD 29,280 plus 26% of the monthly taxable income exceeding AMD 120,000; (iii) AMD 518,080 plus 36% of the monthly taxable income exceeding AMD 2,000,000. gross salaries 0.00
Value added tax (VAT) 1 online 97 20% value added, land sale 0.00 not included
Totals: 10.00 313.00 19.9

Notes:
Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.
The hours for VAT include all the VAT and sales taxes applicable.
The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

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