Natural Persons (Individuals) registered as private entrepreneurs

Natural persons registered as private entrepreneurs operate with the primary goal of generating profit or income through the use of property, the sale of goods, the performance of work, or the provision of services.

The legal norms applicable to commercial organizations are equally applied to the entrepreneurial activities of private entrepreneurs, ensuring a consistent regulatory framework across different business structures.

The legal basis for this organizational form is provided by the Civil Code of the Republic of Armenia and the Armenian Law on Individual Entrepreneurs.

State Support Measures

Private entrepreneurs are eligible for support within the framework of the State Employment Program, including in cases where a private enterprise is newly registered. The same financial support measures available to commercial organizations — such as compensation for fixed asset acquisition, salary reimbursements, and rental subsidies — also apply to this category of entrepreneurs.

Tax Relief

Private entrepreneurs are considered profit taxpayers and are subject to the same profit tax regulations as commercial organizations. The applicable tax relief provisions, including those related to the employment of persons with disabilities, follow the general statutory regulations.

Social Security Contributions and Public Procurement

General regulations apply to both social security contributions and participation in public procurement procedures, with no specific additional advantages or exemptions specific to private entrepreneurs.

Educational and Informational Support

The educational and informational support measures described for commercial organizations equally apply to private entrepreneurs. Additionally, the official online platform armenia.eregulations.org serves as a step-by-step guide to all necessary procedures for doing business in Armenia, providing practical orientation for individuals starting or running a private enterprise.