Europe · AMD
Armenia
Reviewed 2026-06-21
Top income tax
20%
Self-employed SS
Yes
VAT
20%
Capital gains
10%
Exit tax
No
Nomad visa
No
62
/ 100
Tax efficiency48
Ease to enter63
Ease to exit93
Cost of living89
Internet8
English25
Armenia levies a flat 20 percent personal income tax and taxes residents on worldwide income, with residency triggered by 183 days of presence. It is attractive to solopreneurs because dividends are taxed at only 5 percent, there is no wealth, inheritance, or exit tax, and capital gains on personal (non-business) property sold to individuals are exempt. Small operators can register as private entrepreneurs to obtain renewable residence, and qualifying micro and high-tech businesses access turnover-tax regimes as low as 1 percent.
Personal income tax
Income tax structureFlat
Top income tax rate20%
Entry income tax rate20%
Taxation basisWorldwide
Local/state income taxNo
Social security
Self-employed social securityYes
Employee SS rate5%
Employer SS rate0%
Indirect & other taxes
VAT standard rate20%
Capital gains rate10%
Long-hold CGT exemptionYes
Wealth taxNo
Inheritance/gift taxNo
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate18%
WHT on dividends5%
CFC rulesNo
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaNo
Entrepreneur visaYes
Ease of setup4 / 5
Lifestyle
Cost of living index33
Internet speed45 Mbps
English proficiencyLow
Civil liberties52
Sources
- PwC Worldwide Tax Summaries — Armenia Individual: Taxes on personal income
- PwC Worldwide Tax Summaries — Armenia Corporate: Taxes on corporate income
- PwC Worldwide Tax Summaries — Armenia Individual: Other taxes (social/pension contributions)
- PwC Worldwide Tax Summaries — Armenia Corporate: Other taxes (VAT)
- PwC Worldwide Tax Summaries — Armenia Corporate: Group taxation (CFC/transfer pricing)
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.