Indirect tax ebook - Armenia

 

Tax rates 

The following categories of VAT rates are applicable in the Republic of Armenia:

Standard rate 20% - all goods and services standard rated (the amount of VAT within the amount of the total indemnity for the goods and services (including 20%) shall be determined at the rate of 16.67%).

Zero rate supplies – export of goods under 'export for free circulation' customs regime, aero-navigation, servicing and repair of international transportation means, servicing and supply of goods of diplomatic agencies, embassies, etc., services that are not considered to be provided within the territory of the Republic of Armenia according to the Law.

Exempt supplies – school fees, scientific works, insurance and reinsurance, savings, supply of goods and rendering of services within humanitarian assistance and charitable projects (activities) or related and essential to the implementation of such projects.

For further details please refer to articles 9, 15, 16 of the Law.

• Introduction
• Scope
• Registration
• Tax rates
• Reporting & filing
• General tax application/Time of supply
• Other local requirements





This information has been provided by Grant Thornton Armenia, a member firm within Grant Thornton International Ltd and is for informational purposes only. Neither Grant Thornton Armenia nor Grant Thornton International Ltd can guarantee the accuracy, timeliness or completeness of the data contained herein. As such, you should not act on the information without first seeking professional tax advice.
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