AJA to relocate its head office to Armenia
22.12.2015,
15:43
The head office of the Armenian Jewelers Association (AJA) will relocate to Yerevan, the capital of Armenia, on January 1, 2016, the Meridian free economic zone said today in a press release.
YEREVAN, December 22. /ARKA/. The head office of the Armenian Jewelers Association (AJA) will relocate to Yerevan, the capital of Armenia, on January 1, 2016, the Meridian free economic zone said today in a press release.
In recent years the head office of the AJA has been relocating from one country to another without having a permanent residence. According to Meridian free economic zone, that was prompted by the desire of the Association to promote the development of jewelry industry in Armenia and help its transformation into one of the world's jewelry capitals.
Previously, many Armenian international organizations operating for decades in different countries, relocated their head offices to Armenia in order to meet Armenian legislation.
"Now Armenian jewelers all over the world - no matter what country they live in,-will have their own house in Armenia, located within Meridian free economic zone,' Meridian said.
The Meridian free economic zone offers its resident companies the following benefits: free repatriation of capital, profits and dividends, no currency restrictions, state support for the jewelry sector, the rich tradition of Armenian jewelry and the availability of skilled workforce. Residents are exempted from all taxes, except income tax. -0-
In recent years the head office of the AJA has been relocating from one country to another without having a permanent residence. According to Meridian free economic zone, that was prompted by the desire of the Association to promote the development of jewelry industry in Armenia and help its transformation into one of the world's jewelry capitals.
Previously, many Armenian international organizations operating for decades in different countries, relocated their head offices to Armenia in order to meet Armenian legislation.
"Now Armenian jewelers all over the world - no matter what country they live in,-will have their own house in Armenia, located within Meridian free economic zone,' Meridian said.
The Meridian free economic zone offers its resident companies the following benefits: free repatriation of capital, profits and dividends, no currency restrictions, state support for the jewelry sector, the rich tradition of Armenian jewelry and the availability of skilled workforce. Residents are exempted from all taxes, except income tax. -0-
