The EBRD-Armenia cooperation is successful and promising

The European Bank for Reconstruction and Development  has appointed Mark Davis as the new head of the Yerevan Resident Office. The Prime Minister of RA Tigran Sargsyan congratulated Davis on the new appointment and pointed out:  “We attach great importance to Armenia and the EBRD cooperation and we are willing to deepen this bilateral cooperation further on.”

On this occasion the EBRD Director for Caucasus, Moldova and Belarus Bruno Balvanera, pointed out that in terms of structural reforms, including the ...

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Clarification of Article 205 of the RA Criminal Code

Scales of justice and gavel on desk with dark backgroundThe issue related to the application of the criminal legislation by the tax authorities  has been presented by the businesses to the Secretariat of the SME Development Council.

In particular, the Article 5 of the RA law “On organizing and conducting inspections in the Republic of Armenia” defines that  for administrative ...

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“Family business” classification and exemption from taxes

Teamwork and corporate profit Nowadays many families make living by means of family businesses (retail trade, small productions, services), which in comparison with classical business provides exceptionally the primary / essential requirements of those families.

“Family business” is the kind of business type which is conducted exclusively by family members. The BSO experts have carried out researches, as a result of ...

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