BENEFICIARIES

Only novice commercial organizations with up to 30 employees working in the IT field, except for business associations, subsidiaries, branches, and representative offices of foreign legal entities, as well as individual entrepreneurs, can apply for certification within 3 months from the date of state registration.

CONTENT

State support of the information technology sphere is carried out in the form of certification by granting tax incentives. Certified legal entities and individual entrepreneurs have a corporate tax rate of 0% and an income tax rate of 10%.

https://www.arlis.am/DocumentView.aspx?docid=172472

LIMITATIONS

Who cannot apply for the certification:

• those organizations whose shareholders (participants) within three years prior to the date of application submission and/or at the time of application submission are other organizations carrying out (conducting) activities in the field of information technologies, or individual entrepreneurs or shareholders of other organizations carrying out (conducting) activities in the field of information technologies,

• those organizations whose shareholders own 20% or more of another information technology organization or one of whose shareholders (participants) own 20% or more of another information technology organization,

• those individual entrepreneurs who, within three years prior to the date of application, were individual entrepreneurs carrying out activities in the field of information technologies and who have ceased their activities (withdrawn from state registration).