Initiation of bankruptcy procedure in the Republic of Armenia

In everyday life and business environment, there are frequent cases where the person is unable to meet the requirements of the creditors due to lack of monetary means and/or property. In this situation, the debtor can be declared bankrupt (insolvent). In the Republic of Armenia, the debtor can be declared bankrupt only by court decision…..

Armenia Cancels VAT for Cars from EAEU

The Government decided to cancel collection of the 20 percent value-added tax for cars imported from Eurasian Economic Union. This question had not been included in the agenda and its discussion was offered by the Prime Minister Hovik Abrahamyan. He stated that it was planned to withdraw 20 percent VAT in 2017, but taking into account….

Registering in the ‘State Register of Home Population’ in the RA

What is the “State Register of Home Population” State Register of Home Population is a database comprising of, 1: information on personal data of persons residing in the territory of the Republic of Armenia regardless of nationality and 2: citizens of the Republic of Armenia who have registered on the consular register with the purpose….

Surrogacy in the Republic of Armenia

Surrogacy is intended to increase the level of birth and/or reproduction in the Republic of Armenia. This method of birth has not yet received wide recognition and application within the RA and is not yet fully fitting within the moral position of the Armenian society. However, surrogacy does exists in the RA and the number….