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Yerevan Municipality proposes to maintain fares for single trips on buses and metro until February 1

... launched for quick and easy purchase of ticket packages online," he said. The website will also provide information on groups of people entitled to free travel and packages for preferential groups. Currently, a single ride on a bus or metro in Yerevan costs 100 drams, while a ride on a trolleybus costs 50 drams. Since November 1, payment for transportation is only accepted in 100-dram coins or through payment terminals, and since the end of November, payments can also be made with bank cards. According to the municipality's project, starting from January 1, 2025, the cost of travel ...

12/20/2024


Yerevan's public transport revolution: What passengers can expect in 2025

..., tickets will be checked on buses. If the ticket is not valid, you will be fined. While the exact process is still unclear, discussions are ongoing," Kostanyan said. On the Unified Ticketing System Currently, a single ride on a bus or metro in Yerevan costs 100 drams, while a ride on a trolleybus costs 50 drams. Since November 1, payment for transportation is only accepted in 100-dram coins or through payment terminals, and since the end of November, payments can also be made with bank cards. According to the municipality's project, starting from January 1, 2025, the cost of travel ...

12/20/2024


Unibank opens new Dalma branch

Unibank has opened a new, Dalma, branch in the Dalma Garden Mall. YEREVAN, 18 December. /ARKA/. Unibank has opened a new,Dalma, branch in the Dalma Garden Mall. The press service of the Bank said ... ... provision and servicing of cards, cash and settlement services, investment in shares and bonds, etc. There is also a self-service payment terminal in the service hall. The Dalma branch is located at 3, Tsiitsernakaberd highway (Dalma Garden Mall shopping centre),...

12/18/2024


Converse Bank has been included in the list of Confirming Banks of the EBRD TFP

... Converse Bank has made a significant stride in the realm of trade finance by becoming a confirming bank under the EBRD TFP. YEREVAN, 16 December. /ARKA/ We are pleased to announce that Converse Bank has made a significant stride in the realm of trade ... ... international trade finance operations, ensuring maximum efficiency of transaction structuring and financing alongside with covering non-payment risks. Moreover, the Bank provides assistance and guidance to its customers throughout the entire trade finance transaction ...

12/16/2024


Yerevan faces public transport collapse: City Hall reveals reason for drivers' strike

... citizens, including those rushing to work, stranded. YEREVAN, December 3, /ARKA/. This morning, a large number of drivers of ’Yerevan Bus’ CJSC refused to go to work without prior notice, leaving tens of thousands of citizens, including those rushing ... ... informed that working conditions would improve as ‘’shadow turnover' decreased (drivers were allowed to accept coins as payment and were suspected of stealing part of the money) . However, as mentioned earlier, a large number of drivers once again ...

12/03/2024


Yerevan city hall investigates issues bus passengers face when paying

Issues faced by city bus passengers when paying for their fares were raised, at a meeting at Yerevan City Hall. YEREVAN, November 11. /ARKA/. Issues faced by city bus passengers when paying for their fares were raised, at a meeting at Yerevan City Hall. Since November 1, payment on MAN, ZhongTong, and GazelCity buses is only possible with a 100-dram coin or a QR code (via the app or a paper printout from the terminal). However, there have been numerous complaints about malfunctions with the bus validators and the mobile ...

11/11/2024


Share of Yerevan residents paying bus fares with a QR code has significantly increased

... buses, of which 126 thousand, or 3.4%, paid through the unified ticket system," said Beglar Kirakosyan, director of ‘’Yerevan Bus’’ CJSC, at a meeting at the mayor's office. Kirakosyan reported that on November 1, out of 316.8 thousand bus ... ... thousand (21.9%) did the same; and on November 3, out of 176.6 thousand, 46.1 thousand (26.1%) paid this way. From November 1, payment for travel on MAN, ZhongTong, and GazelCity buses can only be made using 100-dram coins or QR codes (from a mobile app ...

11/04/2024


Staking on super-app and dividends: TelCell declares investors' interest in company's shares

... company's dynamic development, visible growth and confidence, TelCell CEO Artem Ghazaryan told a news conference today. YEREVAN, 4 November. /ARKA/. The active sale of Telcell shares continues, with thousands of shareholders already making significant ... ... both individuals and legal entities,’ he summarised.  About TelCell  Founded in 2007, Telcell was the first provider of payment terminal services in Armenia. Today, it operates the largest terminal network and offers a wide range of services through ...

11/04/2024


Yerevan City Hall discusses with Central Bank option to pay for transport with bank cards

... - ed.)," Avinyan noted at a meeting on Monday. Noting that the partial implementation of the unified ticket system was initiated two months ahead of schedule, Avinyan expressed hope that it will be possible to transition to nearly 100% cashless payments by January 1, 2025. "The latest developments indicate that, overall, Yerevan residents (adequately) accept the unified ticket system, albeit with its challenges, and this system clearly has no alternative. It’s not complicated; you just need to try it once, and since the payment methods are diverse, everyone will find ...

11/04/2024


Armenia’s State Revenue Committee uncovers hidden sales turnover of 300 million drams

... a hidden turnover of approximately 300 million drams, according to a report from the department's press service. YEREVAN, October 30. /ARKA/. The State Revenue Committee of Armenia recently uncovered a hidden turnover of approximately 300 ... ... entrepreneur involved in the trade of food products and household goods in the village of Karbi, Aragatsotn region, was accepting cash payments for goods sold. Instead of providing a cash register receipt, the entrepreneur offered only an internal payment document,...

10/30/2024


Ardshinbank’s Private Clients Will Be Served in a Special Office

On October 21, Ardshinbank opened a new office at 10 Northern Avenue to serve private clients. YEREVAN, 21 October. /ARKA/. On October 21, Ardshinbank opened a new office at 10 Northern Avenue to serve private clients. The ... ... where customers can hold meetings with their personal manager. There is also a branded meeting room for Mastercard international payment system. This will serve Ardshinbank’s premium Mastercard cardholders while giving them access to exceptional privileges ...

10/21/2024


Ameriabank to allocate AMD 100 million for investment and financing of students' projects

... place from 16 October to 31 December, inclusive. ‘My Ameria, My Home’ Until the end of the year Ameriabank will organise a big drawing for current and new clients of the bank who will have an opportunity to win a flat in one of the new buildings in Yerevan. Until 31 December, customers can accumulate promo codes, which can be obtained in several ways: opening an account with Ameriabank, ordering a card, logging in to MyAmeria, making transactions via MyAmeria, making a payment via MyPay, making a transaction on MyInvest platform and inviting friends to become Ameriabank's clients, getting a mortgage and car loan via online platforms, as well as opening an account on Ameria Business platform. The more promo codes a customer ...

10/16/2024


Online taxi turnover in Armenia reaches billions of drams - SRC head

... already amounts to billions of drams, head of the State Revenue Committee (SRC) Rustam Badasyan said on Thursday. YEREVAN, 10 October. /ARKA/. The turnover of online taxis in Armenia already amounts to billions of drams, head of the State Revenue ... ... electronic cash receipts can carry out passenger transportation by taxi. According to the changes in the legislation, in case of cash payment, the state duty from 1 September 2024 is 2% of the total cost of each trip, from 1 January 2025 it will be 3.5%, from ...

10/10/2024


Yerevan Metro switches to single ticket system by end of October, abandoning payment with tokens

By the end of October 2024, the Yerevan Metro will completely switch to a single ticket payment system, abandoning tokens, acting director of the capital's metro Babken Sedrakyan said on Monday. YEREVAN, October 7/ARKA/. By the end of October 2024, the Yerevan Metro will completely switch to a single ticket payment system, abandoning ...

10/07/2024


Ardshinbank started making international money transfers via UBPay system

... joined the Armenian payment and settlement UBPay money transfers system, thanks to which it is possible to carry out international money transfers between Armenia and the countries such as Russia, Greece, Cyprus, Israel, Uzbekistan and Kyrgyzstan. YEREVAN, October 5. /ARKA/. Ardshinbank has joined the Armenian payment and settlement UBPay money transfers system, thanks to which it is possible to carry out international money transfers between Armenia and the countries such as Russia, Greece, Cyprus, Israel, Uzbekistan and Kyrgyzstan. Transfers can be made in ...

10/05/2024


Ameriabank’s Special Offer for New Mastercard Holders. 1% Cashback and Lots of Gifts

Ameriabank has launched a new campaign jointly with Mastercard payment system. YEREVAN, October 3. /ARKA/. Ameriabank has launched a new campaign jointly with Mastercard payment system. Clients who order a new Mastercard from Ameriabank and make payments on international online platforms by December 31, inclusive, will receive 1% ...

10/03/2024


We should focus on complete transformation of public services: Pashinyan on the digital transformation of Armenia

... and a developed economy, we decided to anchor our digital architecture on two important principles - trust and security. YEREVAN, October 1. /ARKA/. "In order to build a "digital society" and a developed economy, we decided to anchor ... ... available in a cross-border format only upon request. For businesses, this process can improve the methods of cross-border trade and payment of indirect taxes. Payment of indirect taxes, legality of the circulation of goods, sanitary, phytosanitary and veterinary ...

10/01/2024


UBPay money transfers became available in Unibank's mobile application

Armenian payment and settlement system for money transfers UBPay and Unibank announced the launch of money transfer service from Armenia to Russia and vice versa in the mobile application UNIMobile. YEREVAN, 30 September. /ARKA/. Armenian payment and settlement system for money transfers UBPay and Unibank announced the launch of money transfer service from Armenia to Russia and vice versa in the mobile application UNIMobile. UBPay's partner in Russia is the international payment system ...

09/30/2024


UBPay joins IAMTN Payments Network

Armenian payment and settlement system for money transfers UBPay has become a member of the International Association of Money Transfer Networks (IAMTN), Unibank said in a press release. YEREVAN, September 26. /ARKA/. Armenian payment and settlement system for money transfers UBPay has become a member of the International Association of Money Transfer Networks (IAMTN), Unibank said in a press release. IAMTN’s members include banks, payment institutions, electronic money organizations ...

09/26/2024


Yerevan's unified public transport ticketing system to be fully operational from January 1, 2025 (VIDEO)

Yerevan Municipality reports that the new unified ticket payment system for public transport will be fully operational from January 1, 2025. YEREVAN, September 25 /ARKA/. Yerevan Municipality reports that the new unified ticket payment system for public transport will be fully operational from January 1,...

09/25/2024


In August, the number of jobs in Armenia exceeded 751.8 thousand - State Revenue Committee

The number of income-generating jobs, according to income tax and social payment reports submitted by corporate taxpayers, amounted to 751,816 in August 2024, reports the State Revenue Committee of Armenia. YEREVAN, September 24 /ARKA/. The number of income-generating jobs, according to income tax and social payment reports submitted by corporate taxpayers, amounted to 751,816 in August 2024, reports the State Revenue Committee of Armenia. This is 34,536 jobs or 4.8% more than the same month a year earlier. -0-

09/24/2024


Yerevan City Hall considers tightening cash payment mechanisms on buses

Yerevan Mayor Tigran Avinyan expressed dissatisfaction with the pace of progress in shifting to unified ticket payment system for bus rides. YEREVAN, September 23 /ARKA/. Yerevan Mayor Tigran Avinyan expressed dissatisfaction with the pace of progress in shifting to unified ticket payment system for bus rides. Data on the ratio of passengers who pay in cash and via the TelCell electronic wallet ...

09/23/2024


Armenia proposes to simplify procedures for payment of fines for violation of customs rules

... legislative initiative, according to which in case of an obvious violation of customs clearance rules, employees of the State Revenue Committee (SRC) will be able to record the fact of violation and start administrative proceedings.   YEREVAN, 4 August. /ARKA/. The Armenian government has come up with a legislative initiative, according to which in case of an obvious violation of customs clearance rules, employees of the State Revenue Committee (SRC) will be able to record the fact ...

09/04/2024


Armenian government approves new conditions for agri-food sector development

... Armenian government has approved new conditions for the development program in the agri-food sector during a session on Thursday. YEREVAN, August 29. /ARKA/. The Armenian government has approved new conditions for the development program in the agri-food sector ... ... to subsidize 10% of this rate, eventually increasing the subsidy to 12%. For mobile modular slaughterhouses, 80% of the down payment is subsidized, meaning businesses only need to cover 4% of the down payment. This initiative is expected to contribute ...

08/29/2024


Unibank opens renovated branch in Ashtarak

Unibank has opened its newly renovated branch in Ashtarak, according to a press release from the bank. YEREVAN, August 27. /ARKA/. Unibank has opened its newly renovated branch in Ashtarak, according to a press release from the bank.... ... and modern office is designed to provide more efficient and enhanced service to clients. The branch is also equipped with a payment terminal, allowing customers to independently manage tasks such as account replenishment, loan repayments, and utility ...

08/27/2024


Yerevan to install 50 new bus shelters equipped with payment terminals by year-end

Yerevan is set to install 50 new bus shelters equipped with payment terminals by the end of the year YEREVAN, August 26. /ARKA/. Yerevan is set to install 50 new bus shelters equipped with payment terminals by the end of the year, the city's Deputy Mayor Suren Grigoryan announced on Monday. Grigoryan mentioned that the first of these modernized shelters ...

08/26/2024


Armenian government simplifies tax registration for ride-hailing drivers

... government has approved a simplified procedure for tax registration of individuals providing passenger transportation services YEREVAN, August 22. /ARKA/. The Armenian government has approved a simplified procedure for tax registration of individuals providing ... ... September 1, 2024. One of the key changes includes the introduction of a mandatory state duty—1.5% of the fare for cashless payments and 2% for cash payments. These rates will gradually increase to 2.5% for cashless payments and 4% for cash payments ...

08/22/2024


Rich Dad, Poor Dad: How the level of financial literacy is related to children's upbringing

Rich Dad, Poor Dad: how financial literacy levels relate to parenting YEREVAN, 15 August. /ARKA/. Family customs strongly influence our thinking and choices in important life situations. This applies,... ... his/hers "area of responsibility" be the choice and purchase of a certain category of goods for a fixed amount or payment of utilities. So the child will understand how much money and effort is spent on household organisation, will begin to ...

08/15/2024


Investment risks and diversification: how to build a safe and profitable portfolio

The choice of a method to balance the portfolio depends on the nature of the risks YEREVAN, 16 July. /ARKA/. Investments without taking risks are impossible. Its degree increases with the expected return on investment.... ... contract. Often the main reason is geopolitical tension, imposition of sanctions against a particular country: disconnection from payment systems, blocking of accounts, closing of access to foreign platforms for investors. - liquidity risk. A financial instrument ...

07/16/2024


Armenian government extends social support for families of missing persons and hostages

... social support to families of civilians who have gone missing as a result of hostilities, as well as those held hostage. YEREVAN, July 4. /ARKA/. During its regular session on Thursday, the Armenian government decided to extend social support to families ... ... decision aimed at continuing social support, the government will provide assistance to families of missing military personnel. The payment will amount to 300,000 drams per family through June. In total, 23 beneficiary families will receive 13.8 million drams ...

07/04/2024


Businesses affected by floods in northern Armenia will be granted deferment of loan payments

... food producers affected by floods in northern Armenia in late May will be granted deferment of loan payments, according to an agreement reached by the government with local commercial banks. The agreement was approved at today's Cabinet meeting. YEREVAN, 27 June. /ARKA/ Agribusiness and food producers affected by floods in northern Armenia in late May will be granted deferment of loan payments, according to an agreement reached by the government with local commercial banks. The agreement was approved at today's Cabinet meeting. In particular, the decision concerns loans issued for the development of agribusiness, for which the government ...

06/27/2024


VTB (Armenia) opens renovated office in Nor Nork district of Yerevan

... which work round the clock, and a payment terminal, through which more than 300 banking transactions can be made without using a plastic card. In the renovated office, clients have access to cash and settlement services, credit and savings products, and payment card processing. There is also a dedicated area for Privilege package holders. There they can get advice from a personal manager on any financial issues. "Today there are 53 VTB (Armenia) branches operating in the country. There are 22 offices in Yerevan, and we have endeavoured to ensure that all of them are located in the most convenient locations. We pay great attention to quality and comfortable service at the points of sale. The Bank modernised one of the most popular branches in Nor Nork....

06/20/2024


Acba-supported Yerevan Wine Days over

... The mission of the festival is to present the creativity of Armenian winemakers to the world, as well as to promote exports and present local products at international venues, and develop tourism. “For the third year now we have been supporting the Yerevan Wine Days event. This festival has turned into a unique holiday for our capital, which also allows us to present our partner, the international payment system Visa. Such events help small and medium-sized manufacturers enter the market and present their products,” Arsen Melkonyan, Deputy General Director for Coordination of Business Functions of Akba Bank, said. Mary Badalyan, co-founder and ...

06/11/2024


Lease medical equipment at 1% rate

Acba Leasing and SZ Pharma offer discounted leasing terms YEREVAN, June 10. /ARKA/. A partnership between Acba Leasing and SZ Pharma will allow Armenia’s medical companies to lease last-gen ... ... particular, it will be possible to finance energy-saving equipment made in Europe with an annual interest rate of 1% and an advance payment of 10%,” said Acba Leasing General Director Agasi Gasparyan. “Today we signed a memorandum with our long-term partner ...

06/10/2024


Russia works on bringing Mir cards back to Armenia

Russia works on resuming the operation of its Mir bank cards in Armenia and Kyrgyzstan YEREVAN, June 7. /ARKA/. Russia works on resuming the operation of its Mir bank cards in Armenia and Kyrgyzstan, the country’s ... ... Mir cards. All Armenian banks, except for the Russian-owned VTB bank, stopped accepting Mir cards on 30 March 2024 due to the payment system being sanctioned by the Western countries. The Central Bank told ARKA that it had not imposed any ban on the Mir ...

06/07/2024


VTB (Armenia) launches children's deposits

... the name of a child, which will be available to him/her from the age of 18, the bank's press service reports. -- YEREVAN, 31 May. /ARKA/. VTB (Armenia) retail customers from 1 June can open a deposit in national currency in the name of a child,... ... accordance with the current key rate in the country and market conditions. The deposit can be replenished for any amount. Interest payment is made with annual capitalisation, which ensures maximum profitability, or by crediting the account. Depositors who made ...

05/31/2024


Acba Bank starts issuing UnionPay International cards

Acba Bank is the first bank in Armenia to start issuing UnionPay Gold and UnionPay Business international cards of China's largest payment system UnionPay International. YEREVAN, May 8. /ARKA/. Acba Bank is the first bank in Armenia to start issuing UnionPay Gold and UnionPay Business international cards of China's largest payment system UnionPay International. Acba Bank said in a press release that at present, UnionPay ...

05/08/2024


Some 545 business entities in Armenia failed to provide possibility of accepting non-cash payments worth 169.3 million drams

Armenian State Revenue Committee (N) conducted inspections of 1038 taxpayers, revealing that 545 taxpayers did not provide the possibility of accepting non-cash payments through payment cards. YEREVAN, May 3 /ARKA/ Armenian State Revenue Committee (N) conducted inspections of 1038 taxpayers, revealing that 545 taxpayers did not provide the possibility of accepting non-cash payments through payment cards. According to the SRC press service, ...

05/03/2024


Net inflow of remittances from Russia to Armenia decreased by about 50% in Q1 - Central Bank

The amount of remittances from Russia to Armenia has been declining throughout 2024, head of the Armenian Central Bank Martin Galstyan said today. YEREVAN, April 30. /ARKA/. The amount of remittances from Russia to Armenia has been declining throughout 2024, head of the Armenian Central Bank Martin Galstyan said today. “This may be partly due to the settlement and payment system, but there are also larger and more impactful factors, including geopolitical and economic ones, which have a significant impact on the flow of money,” he said at a press conference. Galstyan noted that in the future there will be a ...

04/30/2024


Armenian companies fined more than 57 million drams in first quarter for violations of work and health rights - regulator

... employees, Vahagn Grigoryan, Deputy Head of the Health and Labor Inspection Body, told a press conference on Tuesday. YEREVAN, April 30. /ARKA/. In January-April 2024, fines worth 57 million 100 thousand drams were imposed by the Inspection Body ... ... permanent violations that were recorded,” Grigoryan said. According to him, the violations, in particular, relate to untimely payment of salaries, additional vacations, unjustified substantial changes in working conditions, , involvement in overtime work,...

04/30/2024


VTB (Armenia) renews line of deposits for clients

... available in AMD and Russian rubles. The annual yield on deposits in national currency ranges from 7.48% to 10.22% per annum. YEREVAN, April 23. /ARKA/. VTB (Armenia) bank has launched three new types of deposits designed for retail clients. Deposits are ... ... choose a product with a higher rate, replenishment option and partial withdrawal, as well as he term of placement and interest payment options. Funds for 'Stable" deposit, can be placed from 1 month to 4 years with the amount from AMD 50 thousand or ...

04/23/2024


EU appreciates Armenia's efforts against circumventing anti-Russian sanctions

... Antony Blinken and Armenian Prime Minister Nikol Pashinyan in Brussels today. "I welcome Armenia's efforts in the fight against circumventing our sanctions against Russia," she said, emphasizing that Brussels "particularly appreciates Yerevan's efforts to keep sub-sanctioned military equipment and technology out of Moscow." Since March 30, virtually all Armenia-based banks, except for a subsidiary of Russian VTB, ceased to process payments by Russian Mir cards. The Armenian national payment system Armenian Card (ArCa) had notified the Russian National Payment Card System (operator of Mir cards) in advance about this decision of the commercial banks.-0-

04/05/2024


Families of missing and captive persons to receive social assistance payment of 300 thousand drams for 2 more months

The families of missing and captive persons in Armenia will continue to receive social support from the state, a relevant decision was made by the government on Thursday. YEREVAN, March 28. /ARKA/. The families of missing and captive persons in Armenia will continue to receive social support from the state, a relevant decision was made by the government on Thursday. The support in the form of monthly payments of 300 thousand drams will be paid for two more months (March and April 2024). The beneficiaries will have to submit relevant applications until April 10. -0-

03/28/2024


Amount of fine for breach of traffic rules to be cut by 30% from April 5 in Armenia

A set of legislative amendments envisaging a cut in the size of a fine for traffic rules violations in case of its payment within 15 days will come into force in Armenia on April 5, the Armenian Interior Ministry said. YEREVAN, March 28. /ARKA/. A set of legislative amendments envisaging a cut in the size of a fine for traffic rules violations in case of its payment within 15 days will come into force in Armenia on April 5, the Armenian Interior Ministry said. "If ...

03/28/2024


How choosing an account can help you reach your financial goal

... others want to ensure a decent pension. Let's find out what types of investment accounts exist and who they are suitable for YEREVAN, March 21, ARKA/. The market offers participants a string of services and instruments that suit different strategies. ... ... due on withdrawals after age 59.5. There are income limits to qualify for this account. Early withdrawal from an IRA requires payment of a penalty and taxes, just as for 401(k) owners. Roth 401(k) - This savings account is essentially a combination of ...

03/21/2024


Central Bank of Armenia reacts to Armenian banks' refusal to service Russian Mir cards

In response to the request of Arka news agency to comment on the refusal of Armenian banks to service "Mir" cards from March 30, the Central Bank of Armenia said that "commercial banks of Armenia independently decide which payment systems to cooperate with, based on their risk management strategies, including those related to sanctions". YEREVAN, March 19. /ARKA/. In response to the request of Arka news agency to comment on the refusal of Armenian banks to service "Mir" cards from March 30, the Central Bank of Armenia said that "commercial banks of Armenia independently ...

03/19/2024


VTB (Armenia) will continue servicing "Mir" cards, restrictions are possible in POS-terminals and ATMs of other banks

VTB Bank (Armenia) said today that from March 30, 2024 holders of VTB "Mir" cards may face restrictions when making non-cash payments through POS-terminals or withdrawing cash from ATMs of other Armenia-based banks. YEREVAN, March 19. /ARKA/. VTB Bank (Armenia) said today that from March 30, 2024 holders of VTB "Mir" cards may face restrictions when making non-cash payments through POS-terminals or withdrawing cash from ATMs of other Armenia-based banks....

03/19/2024


Almost all Armenian banks will stop servicing Russian Mir cards

Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards. YEREVAN, March 19. /ARKA/. Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards. According to RBC, ATMs and POS-terminals of most Armenian banks will stop servicing cards of the Russian payment system "Mir" from March 30, 2024. The exception is ATMs and POS-terminals of VTB Armenia Bank (a subsidiary of Russia's VTB). This news was also confirmed by RBC's source in the Russian payment market. A representative of the National ...

03/19/2024


Armenian government approves agreement on unified system of customs transit of goods of EEU members and third countries

... transit of goods from the Eurasian Economic Union (EAEU) member states and third countries at a session on Thursday. YEREVAN, March 14. /ARKA/. The Armenian government approved an agreement on a unified system of customs transit of goods from ... ... The agreement is expected to create a unified system of customs declaration, ensure the application of a universal system of payment of security customs duties (for example, for alcoholic products), payment of taxes, anti-dumping and other duties, ensure ...

03/14/2024


Armenian SRC reminds business entities of fines for non-cash payments (VIDEO)

Armenia’s State Revenue Committee (SRC) reminded today that business entities, which use cash register machines are obliged to ensure for customers the possibility of non-cash payments through payment cards in line with the law On Non-Cash Transactions. YEREVAN, February 29. /ARKA/. Armenia’s State Revenue Committee (SRC) reminded today that business entities, which use cash register machines are obliged to ensure for customers the possibility of non-cash payments through payment cards in line with ...

02/29/2024


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