THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Armenia.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Armenia. Your candidate is hired via G-P’ Armenian PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
11Holidays per year
40hours per weekWorking hours per day or month
Payroll in Armenia.
Armenia is a small country in the southern Caucus region that borders Europe and Asia. Armenians are known for their hard-working attitude, punctuality, and relationships that are important to a company’s success. The country’s culture and location are both critical factors that make Armenia a great place for companies looking to expand.
Hiring in 
Armenia.
Hiring talented and hard-working employees in Armenia isn’t a task to take lightly. You have to meet all of Armenia’s employment compliance laws while recruiting candidates, onboarding the ones you hire, and continuing to run your parent company.
Compensation & Benefits in Armenia.
Compensation & Benefits in Armenia.
All companies should provide compensation and benefits that meet the statutory minimums and even go above and beyond if possible. Adding supplemental benefits to your Armenia benefits management plan can help you exceed the country’s requirements and bring in a high level of talent. That said, finding the time to source these benefits and figure out what’s best for your employees while running your company can turn into quite the challenge.
AMD75,000 a monthMinimum wage per month
20daysAnnual vacation leave (min)
Armenia Subsidiary.
Expanding your company into new countries is an exciting time for everyone involved. You’ll soon benefit from important business relationships, new employees, and opportunities to provide new products and services. However, learning how to set up your Armenia subsidiary as well as a new set of labor laws, employment compliance regulations, and more can turn into a time-consuming process.
Armenia Visas & Permits.
Armenia has a growing and diverse economy that’s very open to expats, but that doesn’t mean it’s easy to expand and bring foreign workers to Armenia. Your employees will need an Armenian work visa and a work permit unless they fall under a category that exempts them from work permit requirements.