Business
Limited liability companies and joint-stock companies with fast registration
The Law on Limited Liability Companies and the Law on Joint-Stock Companies provide the main corporate forms. Registration through the State Register of Legal Entities is quick and can be completed electronically.
Key rules
- Jurisdiction — National. Commercial disputes are heard by the courts of general jurisdiction.
Governing law
- Law on Limited Liability Companies2001
- Law on Joint-Stock Companies2001
- Law on State Registration of Legal Entities (2011) — incorporation procedure
In practice
The limited liability company is the standard vehicle, with no meaningful minimum capital requirement, while joint-stock companies are used where shares must be freely transferable or publicly traded. Registration is handled by the State Register under the Ministry of Justice and is typically completed within days. Armenia's membership of the Eurasian Economic Union governs customs and a range of technical regulation, while its Comprehensive and Enhanced Partnership Agreement with the European Union drives regulatory approximation in other areas — the two frameworks operate simultaneously and occasionally pull in different directions.