Armenia Residence Permit Through Company Registration: the AMD 2,000,000 Rule, Steps and Documents (Law in Force 1 Nov 2026)

Tabsi Travel consulting team Last reviewed against official sources: November 2, 2026

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What the AMD 2,000,000 rule is and who qualifies

Since 1 November 2026 the amended Law "On Foreigners" (HO-11-N, article 29.4(3)) provides a temporary-residence ground for a participant of a commercial organisation who «առևտրային կազմակերպության կանոնադրական կապիտալում ներդրել է առնվազն երկու միլիոն դրամ» — "has invested at least two million drams in the charter capital of a commercial organisation" — or holds securities of that value (official). In practice: you hold a share in an Armenian LLC (ՍՊԸ) and at least AMD 2,000,000 of its registered charter capital is yours.

• Foreigners may own 100% of the company; no local director is required outside regulated sectors (reported by legal practice guides).
• No bank deposit is needed to register the company. How the AMD 2,000,000 investment is evidenced to the migration authority has not been published: confirm it with us or the MCS before filing.
• The threshold is set in drams. Any USD or INR figure is only an estimate at the exchange rate of the day, not the legal test.

Demand is real: in the first half of 2026 Indian citizens were among the three largest groups granted temporary residence, with Russian and Iranian citizens (official MIA statistics via Armenpress; rankings only).

Registration and residence are two different numbers

Armenian law sets no general minimum charter capital for an LLC: hartak.am, the government service portal, states that "the RA legislation does not define the minimum amount of the authorized capital" (official). AMD 2,000,000 is the residence ground only, checked by the migration authority when you apply; AMD 1,000,000 is the floor it checks afterwards.

Alternative: sole entrepreneur (ԱՁ) with AMD 1,000,000

A registered individual entrepreneur qualifies with at least AMD 1,000,000 in business accounts (official). EY and Meduza report an alternative of AMD 1,000,000 turnover in the 60 days before applying (reported, not yet official). Compare it with all Armenian residence grounds.

What changed for the company route on 1 November 2026

Law HO-11-N was adopted on 20 January 2026, signed on 12 February and entered into force on 1 November 2026 (official). Applications filed before 1 November are decided under the previous rules (official, MCS press release of 30 October 2026). Applications now go through a unified electronic platform; migration.e-gov.am and the "Early One" app no longer serve residence matters (official, MCS notice of 19 June 2026). The MCS closure notice on workpermit.am names the new platform as mcs-permits.am, which was live with an Armenian-language interface only on 2 November 2026 (official). The special 10-year residence status is closed to new applicants (official).

Every change, including those for employees and families: new residence rules from 1 November 2026.

Step by step: from company to residence card

1. Prepare documents at home. The founder and the executive head each need a passport copy with a notarised Armenian translation (official, Law on State Registration art. 34(4)). Any other foreign public document must be apostilled or consular-legalised, then translated into Armenian (official, mfa.am). India and Armenia are both Hague Apostille parties, so an apostille from India's Ministry of External Affairs is enough (official, HCCH). The MCS residence pages ask only for a notarised translation of the passport.
2. Register the LLC (ՍՊԸ) at the State Register of the Ministry of Justice. The founder, the director or anyone they authorise by power of attorney (POA) may file (official, art. 33); online self-filing needs Armenian e-identification (YesEm or Mobile ID), so a founder abroad uses the POA route (official portal rules). No state duty; the taxpayer identification number (TIN) is assigned automatically; registration is immediate with the model charter, otherwise one working day, two if a legal entity is a founder (official, art. 35). Record at least AMD 2,000,000 of charter capital. Documents, charter options, tax regime and accounting: register an LLC in Armenia.
3. Elect a tax regime within 20 days. A company with sales turnover up to AMD 115 million a year may use the turnover-tax regime; a new company elects it within 20 days of registration (official, Tax Code art. 254).
4. Open the company bank account. Not required for registration, but needed for real activity and, subject to confirmation, for evidencing the capital. Banks identify the director, the owners above 10% and the beneficial owners and want fresh beneficial-owner evidence, no older than six weeks at one bank; foreign-language documents need a notarised translation, and a foreign corporate founder's documents must be apostilled or consular-certified (official bank documents). Expect a source-of-funds narrative (reported). First identification is usually in person (reported); requirements vary by country of origin and a bank may decline (official, hartak.am). See open a company bank account in Armenia.
5. Work permission for the founder or director. The blanket exemption for founders and executive heads of companies with majority foreign capital was deleted from the law on 1 November 2026 (official, art. 23). Holders of temporary residence on the entrepreneurial ground are on the new list of foreigners who may sign an employment or service contract without a separate employment permission, for no longer than their residence term (official, art. 23(1)), so you may work for your company once the card is issued. Without this residence, a founder or director needs the electronic employment permission, whose provisions apply only after the new electronic entry-visa system is launched (official, art. 30(7); no launch found as of 2 November 2026). See work permission for company directors.
6. File the residence application on the unified platform (mcs-permits.am). On the platform's entrepreneurship service a legal entity applies for its foreign owner or shareholder (official, platform service page). Register, upload the documents and pay AMD 150,000 for the review, not refunded if refused, and AMD 5,950 for the card (official, MCS press release; MIA statement; Law on State Duty in force from 1 November 2026).
7. Preliminary review, one appointment, 5-day deadline. After online review the MCS schedules one in-person appointment. Actions not completed within 5 days suspend the proceeding automatically; your stay remains lawful until the decision (official).
8. Decision within 30 days; collection in person. The decision is due within 30 days of filing (official, art. 17(4)). The card is collected in person, with fingerprints and an electronic signature sample; under-16s through a parent (official). The collection location has not been published.

Plan your Yerevan trip around the one appointment: POA, company filing and the residence application

Honest note: at least one trip to Yerevan is needed for the appointment and the card collection, and usually for the bank identification.

Document checklist

The only official checklist is the pre-reform MCS list; a post-reform list had not been published on migration.mia.gov.am as of 2 November 2026 (official gap). The platform may ask for the same items electronically or change the list.

State duties and other costs of the company route

Two cautions. Law HO-12-N's own entry-into-force clause reads "from the start of the next tax year", but the consolidated Law on State Duty in force from 1 November 2026 (arlis.am act 232761) already carries the 150×, 250× and 5.95× base-duty lines, and the MIA applies them from 1 November 2026 (official); pay what the MCS platform asks. "From 1 January 2027" in the MIA statement refers to a new duty for work visas, not to residence duties (official).

Duties for every residence ground, with the same status labels, are in the full cost table.

After the card: how not to lose a company-based permit

The status may be deemed invalid if, within 180 days of the grant, no tax data on business activity is recorded, or if the charter capital is withdrawn or falls below AMD 1,000,000 (official, article 29.4(5)). The company must trade, file and have tax assessed in its first six months. EY reports reinvestment exceptions (single source; do not plan around them).

• Turnover-tax return and payment quarterly, by the 20th of the month after the quarter (official, Tax Code art. 259, 261).
• Monthly payroll income-tax return by the 20th; new employees registered before they start (official, art. 156).
• Absence of 183 days or more: notify the MCS via the platform within 10 days (official, art. 17(8)).
• The 1-year card is not extended; file a new application before expiry: re-applying when the 1-year card expires.

Planning for Europe later? See the German work visa from Yerevan.

From the 1-year card to 5-year permanent residence

Permanent residence on the entrepreneurial ground requires temporary status for at least 3 years within the preceding 5 (official, article 16(1)); the permanent card is valid 5 years (official) and the duty is AMD 250,000 (MIA statement). An "investment in Armenia" ground exists, but the Government has not published its conditions or amount, so there is no fast-track to quote. Annual quotas are law and an exhausted quota is a refusal ground; no figures are published. Temporary status, permanent status and citizenship are compared in our Armenia residence permit guide.

Common mistakes that get a case refused or a permit cancelled

• A shell company with no tax activity in the first 180 days (official).
• Withdrawing capital or letting it fall below AMD 1,000,000 (official).
• Missing the 5-day deadline on the platform: automatic suspension (official).
• Paying the old AMD 105,000 duty, or expecting a refund after refusal (MIA statement).
• Treating an entry visa, eVisa or visa-free stay as residence or a work permit; residence requires substantiating a stay of a year or more (official). Entry rules: Armenia eVisa for Indian citizens.
• Certifying documents the wrong way: apostille only if your country is a Hague party, otherwise consular legalisation (official).
• Assuming a bank account will open; banks decide case by case (official portal).
• Assuming the card renews; a new application is needed (official).
• Forgetting that an exhausted annual quota is a lawful refusal ground (official).

How Tabsi Travel helps in Yerevan

We are a consulting company with an office in Yerevan, not a law firm and not a government body. We prepare documents and coordinate translations, file the company under power of attorney while you are abroad, prepare the bank application, and accompany you to the MCS appointment and the card collection. We do not guarantee a residence permit or a bank account.

Frequently asked questions

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Tabsi Travel is not a government body and does not guarantee that a residence permit will be issued or that a bank account will be opened.