Issue of VAT Reporting by Non-Residents Providing Services in Armenia

According to current legislation, non-resident companies providing services in Armenia are required to submit VAT reports under two different deadlines — monthly or quarterly — depending on whether the recipient of the service is an individual or a turnover tax payer.This regulation creates confusion in terms of reporting requirements, which is unfavorable for the business environment and poses challenges for foreign companies providing services in Armenia.

As a result of the adoption of the law, there will be a single reporting period for submitting VAT reports, which will simplify tax compliance for foreign companies operating in Armenia.