For those considering company formation in Armenia, understanding the typical costs for setting up and maintaining a standard company is crucial. Below is a detailed breakdown of both initial and annual ongoing expenses for a Limited Liability Company (LLC) in Armenia as of 2025, based exclusively on current and officially cited figures.
Company Creation Costs for an LLC in Armenia (2025)
The average expense to form a standard LLC in Armenia includes both mandatory and optional fees. For efficiency and ease of comparison, these figures are provided in Armenian dram (AMD), with approximate USD equivalents using an exchange rate of 1 USD = 400 AMD.
| Cost Item | Amount (AMD) | Amount (USD) |
|---|---|---|
| State registration fee (electronic filing) | 0 AMD | $0 |
| State registration fee (paper filing) | 3,000 AMD | $7.50 |
| Notary fees (if required) | 10,000 AMD | $25 |
| Legal address provision (annual, typical for registration) | 20,000 AMD | $50 |
| Lawyer/consultancy fees (LLC setup) | 32,000 AMD | $80 |
| Minimum capital requirement | 0 AMD | $0 |
| Total (typical average) | 65,000 AMD | $162.50 |
Notably, online company registration is free of charge in Armenia, and there is no minimum capital requirement for an LLC, keeping statutory barriers low. Most costs come from legal address rental and consultancy services for the formation process.
Annual Maintenance Costs for an LLC in Armenia
Ongoing expenses in Armenia for company upkeep center on legal address renewals, accounting, and (optionally) professional support. Annual costs may vary depending on your reliance on external service providers.
| Ongoing Expense | Amount (AMD) | Amount (USD) |
|---|---|---|
| Legal address renewal (annual) | 20,000 AMD | $50 |
| Mandatory accounting services (annual, minimum) | 100,000 AMD | $250 |
| Annual tax filing fees (if outsourced) | 0 AMD | $0 |
| Optional legal support/consultancy (annual) | 50,000 AMD | $125 |
| Optional additional accounting (complex cases) | 130,000 AMD | $325 |
| Annual Range (min – max) | 120,000–300,000 AMD | $300–$750 |
The baseline for annual maintenance (including legal address and basic accounting) starts at roughly 120,000 AMD (~$300), while companies requiring more comprehensive services or added complexity may spend up to 300,000 AMD (~$750) each year.
Key Sources for Company Costs in Armenia
Pro Tips for Managing Armenian Company Costs Efficiently
- Electronic filing for company registration is free; paper submissions, while inexpensive, add minor cost and can be avoided by filing online.
- Opt for annual package deals from accounting firms to potentially lower your average annual maintenance cost, especially if your company activity is routine.
- Minimize notary and legal costs by preparing standard documents in advance and clarifying with your provider whether all legal steps are truly necessary for your type of business.
- Review lease terms for your legal address carefully; multi-year deals can sometimes yield cost savings compared to annual renewals.
In summary, Armenia’s corporate setup and maintenance costs are both predictable and relatively low by international standards. With the bulk of company creation costs arising from professional fees and address rental—rather than statutory state charges—the process remains financially accessible. Maintenance expenses will largely depend on your need for outsourced accounting or legal services, but even at the higher end, costs remain moderate and manageable. Careful provider selection and choosing electronic procedures where available can help keep overall outlays minimal for LLCs registered in Armenia.