The first meeting of the Small and Medium Entrepreneurship Development Sub-Council took place on 20th of Decembember.

The first meeting of the Small and Medium Entrepreneurship Development Sub-Council took place on 20th of December.

The Acting Minister of Economic Development and Investments Tigran Khachatryan, welcoming the members of the sub-council, proposed to discuss some issues related to the effectiveness of the council and its sub-council activities.

Deputy Minister Hakob Avagyan and Head of the Business Support Office Gevorg Poghosyan summed up the results of the previous sessions of the SME Development Council, record the points to be implemented.

Subsequently, the ...

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A range of meeting with SMEs in regions has been launched

The meetings with SMEs in regions are heldby the BSO each year with a purpose of collecting feedback from the businesses on the regulatory problems and obstacles they face during performing their activities, as well as to inform them on the loatest changes in legislation.

On June 14th the BSO consultant together with SMEDNC specialists visited Gyumri, where an active discussion on a number of issues related to the incorported Tax Code has been discussed. Specificly, the topic change of a taxation ...

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Legislative reforms aimed at leasing development in Armenia

Based on a number of researches, as well as taking into account the intention of European Bank for Reconstruction and Development to promote the development of leasing in Armenia, from the beginning of 2014 Business Support Office-Armenia launched leasing-related legislation amendments’ project and undertook several activities and events.

At the end of 2014 the Business Support Office experts met with representatives of all leasing providing banks and leasing organizations, revealed legislative and practical problems, which are impeding ...

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SME Development Council’s 16th meeting took place

Chaired by the Prime Minister Karen Karapetyan, SME Development Council’s 16th meeting took place today at the Government.

Firstly, the Prime Minister was briefed on the implementation of the assignments issued at the previous meeting.

The Council discussed and amendment on one article of the RA Criminal Code and a series of amendments to the SME-related provisions in the RA Tax Code, as well as some problems existing in the buyer-supplier chain, and briefly reffered to  the work ...

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The BSO launched a workshop on Business Incubator establishment in Armenia

The Business Support Office together with EU BIC international expert in the field of incubation have launched a workshop discussions with the Private and Public stakeholders on the initiative of establishment of a Businesss Incubator in Armenia.  The insitiative has been earlier voiced in course of the RA SME Development Council meeting chaired by the RA Prime Minister and is planned to be discussed in detail on order to better understand the business community needs and expectations on ...

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SME Development Support Council Holds Fifteenth Meeting

    SME Development Support Council held its fifteenth meeting in the Office of Government.

   After hearing the reports on implementation of the decisions taken at the previous meeting, the Council proceeded to the agenda, which featured issuance of country of origin certificates for goods manufactured in Armenia, certain Tax Code provisions relating to SMEs, problems arising between SMEs and trading centers in the buyer-supplier circuit, the need to give priority to Armenian goods in the shopping malls, etc.

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The BSO organized a meeting- discussion on SMEs in PPD

On June 24, at the conference hall of the Ministry of Economy the EBRD Business Support Office held a meeting-discussion “Small and Medium Entrepreneurship within the framework of public-private dialogue”.

Among the participants of the meeting were the representatives of the RA Ministry of Economy, EU Delegation to Armenia, the Ombudsman’s office, the German Association for International Cooperation, commercial banks, heads and representatives of a number of  business support structures and NGOs, as well as SMEs representing various ...

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SME Development Council meeting took place

Small and Medium Enterprise Development Council’s 13th meeting took place at the RA Government.
The Council discussed the  issue related to granting entrepreneurs running B&B businesses an option to use privileges of family businesses or choose an option to be  Turnover tax payer. Another issue on the agenda included the establishment of  differentiated approach to the definition of local fees for SMEs. Both issues were approved and the relevant assignments had been given by the Prime Minsiter.

Hovik Abrahamyan ...

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Turnover tax changes discussed at SME Development Council meeting today

The twelfth SME Development Council meeting took place today, chaired by the Prime- Minister Hovik Abrahamyan.

The Council Secretariat introduced 2014 report on the implemented activities, which was appoved by the Prime-Minister.

In regard of the issue of the necessity of making changes in the Turnover tax and in particular regarding the provision of obligatory documenting of purchses, Hovik Abrahamyan proposed to discuss the recommendations of businesses, suggesting voluntary application of the law, increase of the maximum threshold ...

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