The Armenian Government has successfully reformed the regulatory framework for the business. The simplified procedures for state registration and licensing have significantly reduced the time and efforts spent by companies; a one-stop-shop for company registration and introduced online-registration system has been established. For standard cases, the state registration can be done within a day and a license receipt within 3 days.
Despite the recorded improvements there are still issues voiced by businesses such as unequal treatment of market players by tax and customs administration, etc.With this in mind, Armenia ranked in at 32 (out of 185) in the World Bank Doing Business 2013 report for ‘Ease of doing Business’ and at 11th for ‘Starting a Business’.
If you are willing and determined to start your own business in Armenia, Repat Armenia will be happy to support you.
WHAT YOU SHOULD DO
- Researching existing businesses: it is a good idea to set-up something which is innovative for Armenia rather than repeating something which is already in existence; things which may seem normal in the country which you are coming from could be new for Armenia.
- Providing ideas: think of an idea or a foundation for a business for Repat Armenia to build upon and to connect you to people who have set-up something similar for an exchange of ideas, information and experience. When thinking of ideas remember to separate a business from a benevolent idea. Think of it as a business in any other country rather than the ‘homeland’.
- Bringing your own experience: set-up a business in an area which is familiar to you rather than starting from scratch.
- Bringing your own contacts: think of your social circle and the people in the country you are coming from as a potential market. Armenia’s market is small, so if possible, it is a good idea to cater your business to external markets too.
- Starting small, thinking big: often it is better to start off with something small and watch it grow rather than jumping in at the deep end.
- Developing an idea: develop a feasibility study in your business plan.
- Visiting our office: we are ready to discuss your business ideas and take appropriate steps from an initial meeting
WHAT WE DO
- Providing tips: Once we understand what type of business you want to set up we will provide you with some basic tips on business environment, opportunities and risks in Armenia
- Providing useful contacts: we connect you with repatriates, locals, organisations and professional sector-oriented business associations successfully working in similar fields in Armenia and/or have substantial expertise who are ready to share tips and experiences with you.
- Connecting with professional legal, consultancy and accountancy organizations: Repat Armenia is partnered with a number of organisations to provide you with basic information on investment climate, taxation and registration free of charge. Our key partners include Legallab Law Boutique, TAccount accountancy company and EV consulting. We are also partnered with the Small and Medium Enterprise Development Center to introduce you to various existing training programs/courses and opportunities for starting your own business in Armenia.
- Supporting in business promotion: the initial steps in promoting a business are very important and we are ready to support you especially in B2C format, by engaging local media and disseminating information through social media networks. We can also support you in designing logos/pamphlets etc. In addition to this we organise regular seminars on “How to promote your business using social networks” with Marog Marketing Company. Repat Armenia supports you in choosing the right way to effectively promote your business.
Armenia Business Database
Armenia is the second most densely populated of the former Soviet republics because of its small size. It is situated between the Black Sea and the Caspian Sea, bordered on the north and east by Georgia and Azerbaijan and on the south and west by Iran and Turkey.Armenia Business Database can bring together all the marketing information in the business. Armenia Business Database make information management easy and relatively inexpensive in Armenia. Mailshots, telemarketing and customer service activities can be more purposeful when you have instant access to details of all your customers and prospects and all your contacts with them.
Armenia Business Database marketing is a form of direct marketing using databases of customers or potential customers in Armenia to generate personalized communications in order to promote a product or service for marketing purposes. The method of communication can be any addressable medium, as in direct marketing.
Armenia Business Database comes with business category
