The most common way to conduct business activities is through the registration of a company, mainly an LLC. The appropriateness of conducting business activities through LLC registration is primarily due to the legislative possibility of limited liability. Unlike individual entrepreneurship registration, the founder of a company does not put their personal property at risk in case of losses. The company is established through obtaining state registration. An application to 'open a firm' or register an LLC can be submitted either in person or through a representative, such as an employee of a legal office. The company acts in its own name, has property attached to it by ownership rights, and is only liable with that property. From the moment of obtaining state registration, the company acquires rights and assumes obligations.
To register a firm, it is necessary to determine the company name, the list of participants or owners, the company director, the registration address, and the amount of authorized capital. When choosing a company name, attention should be paid to the possible existence of a trademark registered with the corresponding word, which may later cause legal issues. The company name can be any name, provided it has not already been registered. Subsequently, alongside the company's development, it is also necessary to undertake the registration of a trademark or brand. Trademark registration provides more advanced legal protection for distinguishing the company's products and services in the market and building consumer trust.
The choice of the company's address is determined by the possibility of receiving relevant notifications, as well as the choice of the administrative district, which accordingly selects the tax service where the company is registered.
The company's tax registration is carried out through an automated system from the moment of the company's state registration, and it is no longer required to visit the tax inspectorate for the purpose of tax registration. For the registration of the company's address, it is also not required to provide documents confirming the relevant rights, such as ownership or lease certificates; that is, the registration is carried out based on a declaration.
The registration is carried out by the staff of the Ministry of Justice of the Republic of Armenia's Agency for State Registration of Legal Entities (hereinafter referred to as the Agency). Moreover, for the registration of commercial legal entities, the application can be submitted to any service office of the Agency, regardless of the location of the legal entity's activities, while the registration of non-commercial legal entities is carried out by the Agency's service office in Yerevan.
The right to apply for the state registration of a legal entity is held by:
a) the founder(s) of the legal entity.
b) the head of the executive body of the legal entity, elected by the founders:
Any person authorized by individuals with the right to apply can also apply by authorizing any employee of a legal office.
The applicant presents to the Agency for the state registration of a legal entity:
a) the decision of the founders on establishing a legal entity, if there is one founder; the minutes of the founders' meeting (general meeting or other body established by law) signed by all founders or, in cases provided by law, by the chairman and secretary of the meeting if there are multiple founders.
b) the charter of the legal entity approved by the founder(s) or the founders' meeting (general meeting or other body established by law).
c) a document confirming the payment of the state duty (payment receipt, payment made through the e-payments.am electronic payment system, etc.).
d) information about the head of the executive body of the legal entity or their temporary appointee, including passport details and social card number or a note about the person's refusal of the social card and the corresponding reference number, email address:
Special laws may also provide for other documents mandatory for state registration regarding legal entities with a specific organizational-legal form (public organizations, parties, etc.).
The application for the state registration of a legal entity is prepared on-site by an employee of the state registry Agency based on the relevant documents and information presented to them:
The applicant submits the necessary documents for the state registration of a legal entity to the Agency on paper, either personally or through an authorized person. If the individual has an electronic signature, the registration can be done online via the official website https://www.e-register.am:
Moreover, in the case of registering a limited liability company, if the individual(s) wish to use the approved standard documents for LLC registration, they must present themselves at the relevant service office of the Agency with an identification document and inform the Agency's employee of the necessary information for registration.
All necessary documents must be submitted to the Agency no later than two working days, during which the Agency must carry out the corresponding state registration. The state registration based on the standard documents of a limited liability company is carried out immediately. For legal entities with a specific organizational-legal form, other deadlines for state registration may be established by relevant laws or other regulations. A legal entity is considered established from the moment of state registration. A legal entity is considered registered from the moment of recording the information prescribed by law in the unified state register.
No state duty is charged for the state registration of commercial organizations. The state duty for the state registration of non-commercial organizations is 10,000 (ten thousand) AMD, which must be paid to the following treasury account: 900005160727, except for parties:
It is prohibited to refuse the registration of a legal entity based on the unfeasibility of its establishment:
Refusal of state registration, avoidance of state registration, as well as avoidance of providing information can be appealed in a hierarchical manner to the Minister of Justice of the Republic of Armenia or to the court.
Company Registration (Firm Registration), Trademark (Brand, Logo) Registration