Fees and timelines in 2023


payment by instalmentArmenia LLC setup costs in Year 1 will amount to €2,300 and annual company costs in Year 2 and thereafter will amount to €950. The average fee per engagement amounts to €9,400 including i) Armenia company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

Different Armenia entity typesCostDraft invoice
Tax resident LLC€9,400View invoice PDF
JSC€10,400View invoice PDF
Branch of a foreign company€11,000View invoice PDF
Representative office€12,060View invoice PDF


The average Armenia company registration period is 10 weeks as outlined below:

Service LLCJSCBranch OfficeRep Office
Engagement planning1 week2 weeks3 weeks3 weeks
Company incorporation period2 weeks3 weeks3 weeks4 weeks
Bank account approval4 weeks4 weeks5 weeks5 weeks
Internet banking approval2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week1 week
Total engagement period10 weeks12 weeks14 weeks5 weeks

Armenia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Armenia, please contact our in-house country expert, Ms. Yekaterina Li, directly:
Consultant at HC - katya
  • Ms. Yekaterina Li
  • Client Engagements Director
  • Contact me!
Armenia Ministry of Economy Ministry of foreign affairs of the Republic of Armenia The government of Armenia - Ministry of Justice Central bank of the republic of Armenia (AM)