LEGAL UPDATE
August 2025
PART I. PROTECTION OF ECONOMIC COMPETITION SECTOR
1. On amendments and supplements to the law " On protection of economic competition".
2. On Amendments and Supplements to the Law " On Protection of Consumer Rights".
3. On Amendments and supplements to the law "On trade and services".
4. On Amendments to the Law "On Trade and Services".
5. On determining the amounts of assets and revenues of participants in concentrations subject to
notification, the procedure for declaring concentrations and the form of the declaration, and
on repealing the Decision No. 322 of the Commission for Protection of Competition of
November 9, 2021.
PART II: HEALTH SECTOR
1. On Amendments and Supplements to the Law "On Medical Assistance and Services to the Population".
2. On establishing the application forms for an individual license and a transitional
individual license, the list of documents required for obtaining an individual
license and a transitional individual license, the forms of an individual
license and a transitional individual license, the grounds and procedure
for refusing to issue them, and the procedure for issuing and extending
the validity period.
3. On making additions and amendments to the Decision of the Government of the
Republic of Armenia of June 29, 2002 N 867 on approving the licensing
procedures for the production of medicines, pharmacy activities, medical
care and service, implementation of medical secondary vocational and higher
educational programs in the Republic of Armenia and the forms of licenses for
the implementation of the mentioned activities.
PART III. TAX SECTOR
1. On making additions and amendments to the Tax Code regarding tax audits and information on
means of identification.
PART IV. STATE REVENUE SECTOR
1. On making additions and amendments to the main concepts in the Law "On Combating Money
Laundering and the Financing of Terrorism".
2. On Amendments and Supplements to the Code of the Republic of Armenia on Administrative Offenses.
PART V. PRIVATE SECTOR
1. On making amendments to the Civil Code of the Republic of Armenia regarding shares.
2. On approving Regulation 10/41 "Procedure for Granting a Permit to Manage a Non-Public Investment Fund" and making amendments and supplements to a number of decisions of the Board of the Central Bank of the Republic of Armenia.
PART VI. CUSTOMS SECTOR
1. On the approval of the Agreement "On the Unified Customs Transit System between the Eurasian Economic Union and Third Party(ies)".
2. Resolution of the Council of the Eurasian Economic Commission “On the procedure for identifying electronic commerce products for which the possibility of returning them after purchase is provided”.
PART VII. WORKING SECTOR
1. On Amendments to the Resolution of the Government of the Republic of Armenia No. 1676 of December 20, 2012 "On Personalized Accounting for Income Tax, Profit Tax and Social Payments".
PART I. PROTECTION OF ECONOMIC COMPETITION SECTOR
(This section of legal updates includes legal updates related to the protection of economic competition for the month of August 2025)
1. On amendments and supplements to the law " On protection of economic competition"
Name of the legislative act
Law HO-205-N on Amendments and Supplements to the Law "On Protection of Economic Competition"
https://www.arlis.am/hy/acts/209456/latest
Change status:
This law was signed on July 14, 2025 and entered into force on August 1, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
As a result of the adoption of this Law, a change has been made to the Law "On Protection of Economic Competition"
What do the changes concern?
We would like to inform you that from August 1, 2025, amendments to the Law "On Protection of Economic Competition" will enter into force, which are of significant importance both in terms of content and legal and political aspects. The amendments define various manifestations of behavior that violate the interests of consumers, the prohibition of which is provided for in a new chapter of the law.
The Commission is recognized as the central body for the protection of consumer interests, with appropriate powers. A special procedure is also established for conducting proceedings on violations against consumer interests, including in the case of violation of the presentation of the price of goods, under a simplified procedure. Another innovation is that the Commission is given the opportunity to warn economic entities in case of conduct that harms the interests of consumers or the risk of it. In addition, the possibility of applying interim measures is envisaged in order to prevent the continuous or irreversible consequences of the violation. The law stipulates that for violations against the interests of consumers, a fine of up to 5 percent of the previous year’s revenue of the economic entity may be imposed.
The amendments also clarify the unobserved cases of concentration of certain transactions, as well as provide new definitions for certain concepts, such as base interest rates, consumer decision on the transaction, etc. The procedure for the Commission's inspections is also clarified, including the forms of protocols, attached materials, and the order of indicating objections.
Overall, these changes strengthen the position of the consumer in the context of the actions of economic entities and state bodies, and increase the role of the Commission as an institution that balances and controls the consumer market.
To supplement Article 3, Part 1 of the Law with the following content, paragraphs 11.1 and 11.2:
Article 3. Basic concepts and terms used in the law
11.1) Consumer protection: a set of measures implemented by the Commission to prevent, disrupt or eliminate such behavior, action or inaction, including their consequences, which harm or may harm the interests of consumers or groups of consumers of an indefinite scope.
11.2) Transactional decision: any decision of the consumer relating to the acquisition or possible acquisition of a product, the terms of payment, storage or disposal, or the exercise of contractual rights relating to the product, regardless of whether the consumer will acquire the product in question or not.
3) In paragraph 15, after the word "Competition", add the words "and the interests of consumers";
4) In point 17, after the words “unfair competition”, add the words “violations against the interests of consumers”.
5) Paragraph 32 shall be amended as follows: "
32) State aid granting body - a state body, as well as all bodies or organizations or officials authorized to provide state aid at the expense of public finances or public resources within the meaning of this Law, or in the case of state aid provided by a Government decision, the state body that submitted the draft Government decision on the provision of the relevant state aid for consideration by the Government. To supplement point 36 with the following content:
36) Base interest: interest payable at one and a half times the base rate of the banking interest rate set by the Central Bank.
Paragraph 11 of Part 3 of Article 12 of the Law shall be amended as follows:.
Old version.
11) failure to make payments stipulated in the settlement documents or contract by an economic entity purchasing agricultural products with a strong negotiating position, within 30 calendar days from the date of issuance of settlement documents by the supplier, or in the event that no settlement document is issued, from the date of delivery of the agricultural products;
New version.
11) Allowing a delay in the payment period established by Article 15.14 of the Law "On Trade and Services" by an economic entity purchasing agricultural products with a strong bargaining position, except if the economic entity purchasing agricultural products has allowed a delay of up to 30 calendar days following the payment period established by paying in full for the agricultural products and the base interest calculated for each day of delay.
In Article 13, Part 9, Paragraph 1 of the Law, amend it as follows:
Article 13. The concept of concentration of economic entities
9. The following are not considered to be concentrations:
Old version.
1) reorganizations of economic entities, actions or transactions specified in Part 1 of this Article, which take place between economic entities constituting a group of persons in accordance with Article 4 of this Law, except for the cases provided for in Points 8 and 9 of Part 1 of Article 4 of this Law, if the conditions of Article 14 of this Law are met.
New version.
1) reorganizations, actions or transactions of economic entities specified in Part 1 of this Article, which take place between economic entities constituting a group of persons on the grounds provided for in Points 1, 2 and 12 of Part 1 of Article 4 of this Law.
to be supplemented with the following content in point 5:
5) Acquisition of a share in the statutory (share) capital of an economic entity registered in the Republic of Armenia by an economic entity holding at least 20 percent of the statutory (share) capital of the same economic entity, if as a result of the transaction the share of the given economic entity does not constitute 50 percent of the statutory (share) capital of that economic entity.
To supplement the Law with Chapter 9.1 with the following content:
CHAPTER 9.1
VIOLATIONS AGAINST THE INTERESTS OF CONSUMERS
Article 26:1. Practices that violate the interests of consumers
1. Any behavior, action or inaction of a business entity that affects or may affect the interests of consumers or a group of consumers with an indefinite scope and contradicts this law, other laws, other normative legal acts or business circulation customs is considered a practice that violates the interests of consumers. violates the principles of good faith, honesty, fairness, truth and (or) impartiality towards consumers.
2. Practices that violate the interests of consumers are prohibited.
3. Any behavior, action or inaction that meets the characteristics of part 1 of this article is considered a practice that violates the interests of consumers, including:
1) Unfair commercial practices provided for by the Law "On Protection of Consumer Rights".
2) Advertising that violates the law, including unscrupulous or illegal or in violation of reliability or propriety;
3) Violation of the requirements submitted to the connection contracts concluded with consumers or to the general terms of the contract.
4) Violation of the requirements for the quality, quantity and other characteristics of the product.
5) Violation of the rules for presenting the price of a product defined by the Law "On Trade and Services".
4. The Commission evaluates the question of the presence of characteristics of practices that violate the interests of consumers.
5. This article does not apply to the behavior, action or inaction, as a result of which damage may be caused to the life, health, safety, public or state security of consumers or the environment.
6. The concepts used in point 2 of part 3 of this article are applied within the meaning of the Law on "Advertising".
Old version.
Article 27. Status and functions of the Commission
1. The Commission is an autonomous body that ensures freedom of economic activity, free economic competition, the necessary environment for the development of fair competition and entrepreneurship, and protects the interests of consumers.
New version.
Article 27. Status and functions of the Commission
1. The Commission is an autonomous body that ensures freedom of economic activity, free economic competition, the necessary environment for the development of fair competition and entrepreneurship, and protects the interests of consumers.
2. The Commission is the central body responsible for protecting consumer interests.
3. The Commission, as the central body responsible for protecting consumer interests, shall:
1) within the limits of its jurisdiction, cooperates with international organizations operating to protect the interests of consumers, based on international treaties of the Republic of Armenia and documents regulating sectoral cooperation;
2) cooperates, within the limits of its jurisdiction, with the bodies of foreign states implementing the protection of consumer interests, within the framework of which it is authorized to receive and provide them with information in accordance with the established procedure; 3) cooperates with other competent authorities."
To add a new part 4 to Article 49 of the Law with the following content:
Article 49. Conducting an inspection by the Commission
4. A protocol shall be drawn up in duplicate in the form established by the Commission based on the results of the inspection. Photographs, documents, electronic media and/or other materials may be attached to the inspection protocol, with a corresponding note made in the protocol. The protocol shall be signed by the person conducting the inspection and the economic entity, the employee selling goods, providing services and/or making monetary payments on behalf of the economic entity, or another representative of the economic entity. In the event of an objection to the inspection results, the person signing the protocol shall make a note of this in the protocol. One copy of the protocol shall be handed over to the economic entity.
Article 69 of the Law shall be supplemented with the following parts 2 and 3:
Article 69. Assessment of a notifiable concentration
2. In case the participants in the notifiable concentration assessment proceedings submit false, unreliable, incomplete or misleading information in the declaration or during the proceedings, or if the information requested by the Commission is not submitted, the Commission shall make a decision to dismiss the application as ineffective. 3. The Commission may decide to dismiss the concentration application at any stage of the proceedings.
Article 77 of the Law shall be supplemented with the following part 7:
Article 77. Reports of individuals and legal entities
7. The report will not be discussed if it contains apparently offensive expressions.
Article 32. Article 79 of the Law shall be supplemented with the following content, part 2.1:
Article 79. Consideration of grounds for initiating proceedings on an offense in the sector of economic competition
2.1. In the context of considering the grounds for initiating proceedings, in case of violation of the obligation to provide information to the Commission by economic entities, the Commission may consider the fact of the apparent presence of elements of a violation in the behavior or actions of the given economic entity confirmed and initiate proceedings.
To supplement the law with Article 82.1 with the following content:
Article 82.1. Giving a warning
1. In the event of apparent characteristics of conduct, action or inaction leading to the prevention, restriction, prohibition of economic competition or unfair competition or harm to the interests of consumers, or the existence of a threat thereof, a warning may be issued to economic entities, state bodies or their officials.
2. The details of the procedure for warning economic entities, state bodies or their officials in the event of apparent signs of conduct, action or inaction leading to the prevention, restriction, prohibition of economic competition or unfair competition or harm to the interests of consumers, or the threat thereof, shall be established by the Commission's Rules of Procedure.
3. If the apparent characteristics of the behavior, action or inaction leading to the prevention, restriction, prohibition of economic competition or unfair competition or harm to the interests of consumers described in the warning are not eliminated by economic entities, state bodies or their officials within the period set by the Commission, proceedings may be initiated..
To supplement the law with the following content in Article 83.1:
Article 83.1. Decision on the application of an interim measure
1. In order to prevent possible irreversible or serious consequences resulting from actions or conduct of state bodies and their officials that contain apparent features of anti-competitive agreements, abuse of dominant position and anti-competitive practices in relation to procurement, the Commission may adopt the following decisions on the application of interim measures:
1) to stop the conduct containing apparent elements of a violation until a final decision is made in the proceedings, restoring the situation that existed before the conduct containing apparent elements of a violation or in other ways specified by the Commission's decision;
2) suspend the process of concluding a contract or its operation as a result of the purchase.
2. A decision to impose an interim measure may be taken at any stage of the proceedings initiated by the Commission regarding an infringement and shall remain in force until the act concluding the proceedings enters into force.
3. The Commission may apply more than one interim measure within the same proceeding.
4. The decision to apply an interim measure shall enter into force upon its adoption and shall be subject to execution by the Enforcement Service in accordance with the procedure prescribed by the Law "On Enforcement of Judicial Acts".
5. The decision to apply an interim measure is submitted to the Enforcement Service by a letter from the Chairman of the Commission.
6. The decision to apply an interim measure shall be returned to the Enforcement Service on the basis of a letter from the Chairman of the Commission if:
1) the need to apply an interim measure has disappeared;
2) The decision of the Commission has been declared invalid or revoked.
7. The decision to impose an interim measure may be appealed. An appeal of the decision does not suspend its execution.
To supplement the Law with the following content in Chapter 17.1:
CHAPTER 17.1 PROCEEDINGS ON VIOLATIONS AGAINST CONSUMER INTERESTS
Article 91.1. Procedure for conducting proceedings regarding violations against the interests of consumers
1. Proceedings on violations of the law against the interests of consumers shall be conducted in accordance with the procedure for conducting proceedings on violations of the law in the sector of economic competition under this Law, in compliance with the special rules established by this Chapter.
Article 91.2. Participants in proceedings on an offense against the interests of consumers
1. The participants in the proceedings on an offense against the interests of consumers are:
1) the defendant in the proceedings;
2) competent authorities.
Article 91.3. Simplified proceedings regarding violation of the rules for presenting the price of goods
1. In case of apparent violation of the rules established by the Law "On Trade and Services" in the presentation of the price of a product, the Secretary General of the Commission shall send a written notification to the economic entity.
2. Information received by the Commission in any form regarding an apparent violation of the rules established by the Law "On Trade and Services" regarding the presentation of the price of a product shall be a reason for sending a notification.
3. The notice shall contain a description of the apparent violation, a description of the actions to be taken by the economic entity and the consequences, as well as an explanation of the consequences of the failure of the economic entity to take the actions to be taken.
4. In case of acknowledging the fact of committing a violation, the economic entity shall, within two weeks after receiving the notification, submit to the Commission information on the cessation of the violation and the payment of fifty thousand drams. In case the written notification is sent for the first time, the requirement for the economic entity to pay fifty thousand drams does not apply.
5. In the event of the actions provided for in Part 4 of this Article, the written notification shall have the force of an administrative act that has entered into force from the day following the submission of the relevant information to the Commission, and the economic entity may not later deny the fact of its having committed a violation.
6. In case of failure to take the actions provided for in Part 4 of this Article, the Commission may initiate proceedings regarding a violation of the law against the interests of consumers.
In Article 93 of the Law, add the following part 7.1:
Article 93. Amounts of fines imposed for violations in the sector of economic competition
7.1. The amount of the fine imposed for an offense against the interests of consumers shall be up to five percent of the revenue of the economic entity in the year preceding the offense, taking into account the specifics established by the methodology for selecting a measure of responsibility and calculating the fine.
2. On Amendments and Supplements to the Law " On Protection of Consumer Rights"
Name of the legislative act:
Law HO-206-N on Amendments and Supplements to the Law "On Protection of Consumer Rights"
https://www.arlis.am/hy/acts/209485/latest
Change Status:
This law was signed on July 14, 2025 and entered into force on August 1, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
As a result of the adoption of this Law, a change was made to the Law " On Protection of Consumer Rights ".
What the changes are about:
We would like to inform you that there have been changes to the Law "On Protection of Consumer Rights", which will come into force on August 1, 2025. The changes are significant and are aimed at further clarifying and protecting consumer rights.
The law rephrases the concept of "consumer", emphasizing that a consumer is a natural person who purchases goods or uses services for purposes other than their professional or business activities. Sole proprietors and even individuals can now be classified as “producer”, “performer” or “seller” if they carry out relevant activities. This is important for expanding the scope of consumer protection.
The law has been supplemented with new concepts that describe the modern consumer environment: the terms “average consumer”, “vulnerable consumer”, “electronic trading platform”, “marketing pyramid”, “ecological certification” and others have been added. These terms are important, as the law will now take into account the characteristics of different groups of consumers, as well as the evolving practices of online trading. A new article has been added, which enshrines the consumer's right to free choice. This means that the consumer must choose a product or service without pressure, deception, or haste.
The law has also been supplemented with a whole new chapter on the prohibition of unfair commercial practices. It now clearly defines in which cases the behavior of an economic operator is considered unfair, for example, if it contradicts the principles of honesty, fairness and truth and can influence the consumer’s decision. Examples of misleading and aggressive practices are described in detail, including the dissemination of false or incomplete information, advertisements that confuse the consumer, marketing schemes, labeling a product “free” when in fact there are hidden fees, as well as exerting pressure on the consumer to make a decision.
Finally, the law stipulates that in the event of such unfair practices, the consumer can avail himself of all the protective measures prescribed by law.
These changes aim to provide more modern, realistic and comprehensive legal protection for consumers, especially in the context of digital and e-commerce.
Article 1, Part 1 of Law HO-197 of June 26, 2001 "On the Protection of Consumer Rights" (hereinafter referred to as the Law):
Article 1. BASIC CONCEPTS
The main concepts used in this law are:
1) The concept of "consumer" should be defined as follows:
" consumer" means a natural person who is acting and acting outside the scope of his trade, business, craft or profession."
2) replace the word "product" in the concept of "undefined circle of consumers" with the word "goods";
3) after the words “individual entrepreneur” in the concept of “producer” add the words “or natural person”;
4) to formulate the concept of "performer" as follows:
" performer - a legal entity or individual entrepreneur or natural person performing work or providing a service."
5) The concept of "seller" should be defined as follows:
" seller - a legal entity or individual entrepreneur or natural person selling goods to consumers."
6) to supplement with new concepts with the following content:
" Economic entity" means a natural person, legal entity, sole proprietor, other organization, its representative office or branch, group of persons or association of persons
average consumer : a reasonably informed person, taking into account social, cultural, linguistic and other factors, or in the context of belonging to a particular group of consumers; consumer group , a group that can be personalized with a certain characteristic. vulnerable consumer : a consumer who is more sensitive due to mental or physical problems, age or other characteristics;
electronic trading platform , used within the meaning of the Law "On Trade and Services";
Rating : a relative assessment given to goods (works, services) on an electronic trading platform, collected, presented and addressed by the seller, regardless of the technological means used.
Commercial practices of an economic entity towards the consumer : any action, inaction, behavior, commercial communication, advertising and other measures aimed at the sale of a product (work, service) of an economic entity, which are directly related to advertising, selling, supplying the product (work, service) to the consumer, providing the service or performing the work;
Influence on consumer behavior : a manifestation of a business entity's commercial practices towards a consumer, due to which the business entity directly or indirectly influences or may influence the consumer's informed decision-making process, thereby inducing the consumer to make a decision regarding the transaction that he would not have made otherwise.
Code of Conduct : a set of rules of conduct or an agreement established by an economic entity or a group of economic entities, to which the economic entity that has joined undertakes to observe the rules established by the code of conduct within the framework of its commercial practices towards consumers.
commercial communication : any form of communication aimed at promoting the economic or entrepreneurial activities of an economic entity;
invitation to purchase : commercial communication, advertising, which indicates the features and price of a given product (work, service) in a manner appropriate to the commercial communication medium used, thereby providing the consumer with the opportunity to make a purchase.
Undue influence : the exercise of pressure by an economic entity on a consumer, which may also be manifested without the use of physical force or the threat of physical force, in a manner that limits or may limit the consumer's ability to make a voluntary decision. Transactional decision : any decision of the consumer relating to the acquisition or possible acquisition of a product (work, service), the terms of payment, storage or disposal of the product (work, service), or the exercise of contractual rights related to the product (work, service), regardless of whether the consumer will acquire the given product (work, service) or not.
Marketing pyramid : a scheme in which the consumer's opportunity to receive material benefits is determined more by attracting new consumers than by selling a product (work, service).
Ecological claim : a claim in the form of text, images, graphics or any other means within the framework of commercial communication, including labels, product (work, service) names, brand names, trademarks, which states or creates the impression that the seller, product (work, service), product group, trademark owner has a positive or zero impact on the environment or causes less environmental damage than other sellers, products (work, services), trademark owners or product groups, or the latter have improved their impact on the environment over time.
Functionality - the ability of a product to perform functions aimed at serving its intended purpose. "functional element" means any component of a product, including a spare part, that needs to be periodically updated or replaced to ensure the required level of functionality of the product.".
To supplement the law with Article 4.1 with the following content:
Article 4.1. The consumer's right to free choice
1. The consumer has the right to freely choose a product (work, service) without any pressure or restriction.
To supplement the Law with the following content, Chapter III.1:
CHAPTER III.1
UNFAIR TRADE PRACTICE
Article 37.1. Prohibition of unfair commercial practices
1. A commercial practice is considered unfair if it contradicts the principles of good faith, honesty, fairness, truth or impartiality and has or may have an impact on the behavior of the average consumer towards the product (work, service) to which that practice is directed, or on the behavior of the average consumer of a group, when the commercial practice is directed at a specific group of consumers.
2. Commercial practices that have or may have an impact on the behavior of vulnerable consumers and which the economic operator could have foreseen shall be assessed from the perspective of that vulnerable consumer.
3. Unfair commercial practices are the cases provided for in Articles 37.2 and 37.3 of this Law, as well as other actions, inactions or behavior that meet the characteristics of Part 1 of this Article.
4. Unfair commercial practices of an economic entity towards the consumer are prohibited.
Article 37.2. Misleading act and omission
1. An act is considered misleading if it contains any false, unreliable, distorted information, or the information is presented in a way that, although factually correct, may create a false impression about the economic entity, its activities or the product (work, service) offered, the measures contributing to its advertising, distribution or sale, the geographical origin or production or sale process of the product (work, service), its suitability for a particular purpose, its shelf life, quality, quantity or other characteristics, the terms of offer or delivery or the price or the method of its calculation, or the rights of the consumer, which misleads or is likely to mislead the average consumer and induces or is likely to induce the consumer to take a decision regarding the transaction that he would not have taken otherwise.
2. Inaction is considered misleading if an economic entity does not provide or does not provide relevant information about itself, its activities or the product (work, service) offered, measures promoting its advertising, distribution or sale, the geographical origin or production or sale process of the product (work, service), its suitability for a particular purpose, quality, quantity or other characteristics, the terms of offer or delivery or the price or the method of its calculation or the rights of the consumer, in a clear, unambiguous, incomplete or uncertain manner or at the wrong time, which is necessary for the consumer to make a decision on the transaction and induces or may induce the consumer to make a decision on the transaction that he would not have made otherwise.
3. In the event of a procurement invitation, the economic entity, in addition to the information provided for in Part 2 of this Article, shall also provide the following information:
1) the main characteristics of the product (work, service):
2) the price of the product (work, service), in accordance with the procedure established by law, the price of all additional freight, deliveries or postal services, and in case of impossibility, the circumstance of being subject to payment;
3) payment, delivery, complaint submission procedure and investigation policy;
4) in the case of transactions that reserve the right to terminate or cancel, the existence of such a right;
5) in the case of a product (work, service) presented on an electronic trading platform, information on whether the product (work, service) is offered by the seller or another person, based on the announcement made to the electronic trading platform;
6) In the event that consumers have the opportunity to search for a product (work, service) offered by sellers or other persons on an electronic trading platform using keywords, phrases or in another way, regardless of whether the consumer will purchase the given product (work, service) or not, general information on the classification criteria for the products (work, services) displayed in the search results and their relative importance shall be presented in a special section of the electronic trading platform interface reflecting the query results.
7) In the event that consumers provide ratings for a product (work, service) on an electronic trading platform, the seller or other person must provide information on whether those ratings were given by consumers who actually used or purchased the product (work, service).
8) in the case of a service for comparing goods (works, services), the method of comparing goods (works, services), information on the goods (works, services) being compared and the economic entities offering them, as well as the criteria by which the information is regularly updated.
4. In any case, a misleading commercial practice shall be considered to be carried out by an economic entity:
1) declaring that it is a signatory to the code of conduct when the business entity is not actually a signatory to the code of conduct;
2) displaying a certification or other equivalent mark, declaration of conformity, certificate of conformity, or any other document on the conformity of a product (work, service) to the requirements established by law, without its presence;
3) ecological certification of the entire product (work, service) or the entire economic activity of an economic entity, when it refers to a specific characteristic of the product (work, service) or a specific direction of the seller's economic activity;
4) declaring that the code of conduct has been approved by a state body, in the event that the code of conduct has not been approved by any state body;
5) violation of obligations undertaken under the code of conduct;
6) declaring that one's commercial practices or product (work, service) have been approved or permitted by an authorized state body or private company, when in fact this is not the case, or making such a declaration without complying with the conditions required for approval or permission;
7) an invitation to purchase a product (work, service) at a clearly defined price, when there is objective reason to believe that it will not be able to carry out deliveries, either personally or through another supplier, within reasonable time frames and in quantities resulting from the advertisement of the product (work, service);
8) an invitation to purchase a product (work, service) at a clearly defined price, then refusing to show the advertised product to the consumer or to take orders for it, to deliver it within a reasonable time, or to show a sample of the product with defects, with the intention of advertising another product (work, service);
9) creating the false impression that the product (work, service) will be available for a strictly limited period of time, depriving the consumer of the opportunity or sufficient time to make an informed decision on the transaction immediately;
10) declaring or otherwise creating a false impression that a product (work, service) can be legally sold when in fact it cannot;
11) presenting the rights granted to consumers by law and the fulfillment of the requirements established by law regarding the product (work, service) and its sale as a distinctive feature of the offer of an economic entity;
12) presenting editorial material for the purpose of advertising a product (work, service) through the media or other means of disseminating information, when the economic entity has paid for it, but has not clarified this fact in a manner clearly identifiable for the consumer (through images or audio means);
13) displaying online search results for goods (works, services) by consumers without clearly disclosing information about paid advertising or payment made in order to obtain a higher ranking for their classification;
14) making a false statement about the risk, nature and extent of the risk to the safety of the consumer or his family in the event of not purchasing the product (work, service);
15) declaring that an economic entity is going to cease its entrepreneurial activities or move to another area, when in fact this is not the case; 16) declaring that a product (work, service) can contribute to winning games of chance;
17) creating a false impression or spreading a statement that a product that is not considered a medicine can help treat diseases, functional disorders or developmental defects;
18) creating, organizing or advertising a marketing pyramid, in which case the consumer is given the impression that the possibility of receiving compensation is primarily conditioned by the involvement of other consumers in the marketing pyramid, rather than by the sale or consumption of goods (works, services);
19) conveying materially inaccurate information about market conditions or the possibility of finding a product (work, service) in order to induce the consumer to purchase a product (work, service) under unfavorable conditions that differ from market conditions;
20) announcing a competition or prize incentive without awarding the described prizes or their equivalent;
21) presenting the product (work, service) as "free of charge", "free of charge", "without payment" or in a similar manner, if the consumer is obliged to make other payments, except for the costs associated with receiving the product (work, service) or its delivery;
22) including documents that create the impression of a sales invoice for a product (work, service) in the purchase process through an electronic trading platform, which creates the impression in the consumer that the product has already been purchased, when in fact it has not;
23) stating or creating a false impression that an economic entity is not acting for the purposes of its economic activity, or falsely representing itself as a consumer;
24) reselling event tickets to consumers if the reseller has acquired them using automated means, circumventing any restrictions on the number of tickets or other rules established for the acquisition of tickets;
25) a statement that the ratings presented on the electronic trading platform regarding the product (work, service) were given by consumers who actually used or purchased the product (work, service), in the event that proportionate and reasonable steps were not taken to establish that the ratings were formed by those consumers;
26) creating false ratings or implementing other misleading measures on an electronic trading platform for the purpose of promoting the sale of goods (works, services) by an economic entity or other persons on its behalf, including presenting a false number of views;
27) failure to provide information to the consumer regarding the reduction in product functionality as a result of a software update;
28) presenting software updates as a necessary condition for maintaining functionality when they are aimed at improving the functionality of individual functional elements of the product;
29) failure to provide information to the consumer that individual functional elements of the product reduce the shelf life of the product, when the economic entity was aware of this;
30) providing false information to the consumer regarding the expiration date of the product;
31) providing false information about the possibility of repairing a product when the purchased product cannot be repaired;
32) inducing the consumer to prematurely replace or update individual functional elements of the product without technical necessity;
33) failure of the seller to provide the consumer with information that the replacement or update of the functional elements of the product by the consumer will lead to a decrease in the functionality of the product;
34) providing false information to the consumer that the replacement or updating of functional elements of the product by other economic entities will lead to a reduction in the functionality of the product.
Article 37.3. Aggressive commercial practices
1. A commercial practice is considered aggressive if, by means of harassment, coercion, including the use of physical force or undue influence, it significantly impairs or is likely to impair the average consumer's right to make a free choice, thereby inducing or is likely to incite the average consumer to make a purchasing decision that he would not have made otherwise.
2. When determining the circumstances of harassment, coercion, including the use of physical force or undue influence, by an economic entity towards a consumer within the framework of its commercial practices, the following circumstances shall be taken into account:
1) the time, place, nature and (or) continuity of their implementation;
2) using threatening or offensive language or displaying behavior;
3) the economic entity's exploitation of an accident or a circumstance of which it is aware and which may influence the consumer's decision regarding the transaction;
4) the creation of extra-contractual artificial obstacles to the exercise of consumer rights by an economic entity in the event that the consumer wishes to exercise his rights provided for in the contract, including the right to terminate the contract or replace it with another product or to purchase it from another economic entity;
5) the threat of taking an illegal action.
3. In any case, aggressive commercial practices are considered to be:
1) creating the impression by an economic entity that the consumer cannot leave the sales area, including the electronic trading platform, without purchasing the product (work, service);
2) making personal visits to the consumer's home, regardless of the consumer's disagreement with this, or making continuous and unsolicited offers to purchase a product (work, service) by telephone, e-mail or other means of communication, except in cases where they are conditioned by the need to fulfill contractual obligations;
3) a direct appeal in advertising to a child to purchase the advertised product (work, service) or to persuade a parent or other adult to purchase it;
4) Supplying an unsolicited product (work, service) to a consumer by an economic entity and demanding immediate or deferred payment or its return;
5) informing the consumer by the economic entity that the activities of the economic entity will be jeopardized if the latter does not purchase a product (work, service);
6) creating a false impression that the consumer has already won, will win, or will win a prize or receive another equivalent benefit upon performing a specific action, when in fact no prize or other equivalent benefit exists, or the action required to obtain it involves the payment of money or the incurring of other expenses."
The law shall be supplemented with the following content in Article 38.1:
Article 38.1
Protecting consumer rights against unfair trade practices
1. In every case of unfair commercial practices by an economic entity, the consumer has the right to use the protection mechanisms provided for by law.
3. On Amendments and supplements to the law "On trade and services"
Name of the legislative act
On amendments and supplements to the law "On trade and services" HO-207-N https://www.arlis.am/hy/acts/209454
Change status:
The amendments to this Law shall enter into force on August 1, 2025.
For economic entities that had revenue of up to 115 million drams in the calendar year preceding the adoption of this Law, Part 1 of Article 4 of this Law shall enter into force and the requirement to indicate the unit price in Part 1 of Article 9.7 of the Law, supplemented by Article 5 of this Law, shall apply from January 1, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of this Law, a change was made to the Law "On Trade and Services"
What the changes are about:
The amendments to the Law relate in particular to the procedure for presenting prices of goods and the clarification of the main concepts related to them. In particular, Part 1 of Article 2 of the Law is supplemented with paragraphs 33-35, which define three new legal concepts: “selling price” , “unit price” and “electronic trading platform” . They stipulate that the selling price is considered the final cost of the goods, including taxes and mandatory payments, the unit price is calculated according to the unit of measurement provided for by law or business practice, and the electronic trading platform is considered a software environment through which consumers can conclude contracts with sellers or economic entities online. In addition, the Law is supplemented with a new Article 9.7 , which establishes the rules for presenting the price of a product. According to it, it is mandatory to indicate the name of the product, the selling price and the unit price when displaying it for sale. At the same time, the Law provides for a number of exceptions, for example, for products whose selling price coincides with the unit price, for products with small volume or weight in production packaging, as well as in the case of collections. The Law also clarifies that in some cases it is not mandatory to present the selling price, such as in the case of unpackaged products or during trade in markets and fairs. Finally, the law clarifies that these rules apply not only to physical commerce, but also to sales, services, and works carried out on electronic commerce platforms .
To supplement Part 1 of Article 2 of the Law with the following content, paragraphs 33-35:
Article 2. Basic concepts
33) selling price: The final price set for a unit of a product or a certain quantity of a product, including taxes and other mandatory payments applicable to the products.
34) Unit price: The final price set for a unit of measurement defined by law (one kilogram, one liter, one meter, one square meter, one cubic meter or other unit of measurement accepted in business practice for a specific product), including taxes and other mandatory payments applicable to the product.
35) electronic trading platform: software, including a website or part thereof, an electronic application, which is operated by or on behalf of a seller and enables consumers to conclude contracts with economic entities or other persons electronically.
To supplement the law with the following content:
Article 9.7: Article 9.7. Rules for presenting the price of goods
1. When displaying a product for sale, the name, selling price, and unit price of each product must be presented.
2. The requirement to indicate the unit price in Part 1 of this Article does not apply to the following goods:
1) a product whose selling price coincides with the unit price;
2) a product in production packaging, the volume of which does not exceed 50 milliliters or weight - 50 grams;
3) a set consisting of different goods, if the value share of each item included in the set does not exceed 90 percent of the total price of the set.
3. The requirement to indicate the selling price in Part 1 of this Article does not apply to unpackaged goods.
4. The requirements of Part 1 of this Article do not apply to goods sold or displayed for sale in consumer goods, agricultural products and animal markets, fairs (vernisages) and exhibition and trade fair venues (except for trade facilities operating in the aforementioned locations).
5. If the sale of a product occurs together with a liquid other than its intended consumer purpose, the unit price of the product is calculated based on the net weight of the product without liquid.
6. If the sale of the product also implies the provision of another additional service (delivery, maintenance, etc.), then the fee for that service is also presented separately.
7. Except for cases of provision of additional services related to the sale of goods, in the case of service provision or work performance packages, the prices of individual services or works included in those packages must be presented, and if this is not possible, the logic of calculating the prices.
8. The rules of this article also apply to goods sold, services provided, and work performed on an electronic trading platform.
4. On Amendments to the Law "On Trade and Services"
Name of the legislative act:
Law on Amendments to the Law "On Trade and Services" 247 -N https://www.arlis.am/hy/acts/209772
Change status :
The amendments to this Law shall enter into force on August 2, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of this Law, a change has been made to the RA Law "On Trade and Services"
What the changes are about:
to the law concerns consumer protection and public safety in the field of trade, with the aim of preventing situations where minors may acquire objects that resemble edged weapons in appearance or structure. The amendment to the law stipulates that similar items of industrial, household, economic, educational, cultural or decorative significance cannot be sold to persons under the age of 18. We offer the following to business owners in the trade sector :
- Review the current range of products for sale and identify those products that, due to their appearance or structure, could be perceived as edged weapons.
- Ensure identification of the buyer's age in the sales process of similar products (e.g., by requiring an ID document).
- Develop internal regulations and instructions for sellers to avoid violations of the law.
- In the case of online sales, introduce age verification mechanisms into the system. Thus, the change is aimed at protecting minors and increasing public safety, and business operators must comply with the new requirements in advance to avoid liability..
Article 9 of the Law HO-134-N of November 24, 2004 "On Trade and Services" shall be supplemented with the following part 12.3:
Article 9. Rules for the organization of trade "
12.3. The sale of objects, devices or tools that resemble edged weapons in appearance or structure and have industrial, household, economic, educational, cultural or decorative significance to persons under the age of 18 is prohibited.".
5. On determining the amounts of assets and revenues of participants in concentrations subject to notification, the procedure for declaring concentrations and the form of the declaration, and on repealing the Decision No. 322 of the Commission for Protection of Competition of November 9, 2021
Name of the legislative act:
On establishing the amounts of assets and revenues of participants in concentrations subject to notification, the procedure for declaring concentrations and the form of the declaration, and on repealing the decision of the Commission for Protection of Competition No. 322 of November 9, 2021, No. 553-N of August 15, 2025
https://www.arlis.am/hy/acts/210856
Change status :
This Decision entered into force on August 15, 2025.
What the changes are about:
This decision repeals Decision No. 322-N of the Commission for the Protection of Competition of November 9, 2016 "On establishing the amounts of assets and revenues of participants in concentrations subject to notification, the procedure for declaring concentrations and the form of the declaration and repealing Decision No. 478-N of the State Commission for the Protection of Economic Competition of December 16, 2016". Henceforth, this decision concerns the notification of concentrations .
The decision mainly regulates:
1. The amounts of assets and revenues of the participants in the concentration are defined , according to which the obligation to declare is determined.
2. The procedure for declaring a concentration is specified , which defines how and when economic entities must submit information about the concentration to the Commission.
3. There is a declaration form that must be filled out by participants.
4. Previous decisions are declared null and void, and this new regulation comes into force instead.
5. The regulations apply to proceedings initiated and conducted after August 1, 2025, and until then, the previous regulations remain in effect.
Based on -Article 37, Part 1, Clause 17 and Part 2, Article 68, Part 5, as well as Articles 36 and 37, Parts 1 of the Law "On Economic Competition and Consumer Protection" - the Competition and Consumer Protection Commission
DECIDES
1. Define:
1) the amounts of assets and revenues of the participants in the concentrations subject to declaration, in accordance with Appendix 1.
2) the procedure for declaring a concentration in accordance with Appendix 2.
3) the form of the concentration declaration in accordance with Appendix 3.
2. To declare invalid the Decision No. 322-N of the Commission for the Protection of Competition of November 9, 2016 "On establishing the amounts of assets and revenues of participants in concentrations subject to notification, the procedure for declaring concentrations and the form of the declaration and on declaring invalid the Decision No. 478-N of the State Commission for the Protection of Economic Competition of December 16, 2016".
3. This decision shall enter into force on the day following its official publication.
4. The regulations in force prior to the entry into force of this decision shall apply to the amounts of assets and revenues of the participants in concentrations, the declaration of concentration and the form of the declaration within the framework of proceedings initiated and conducted before August 1, 2025, and the regulations established by this decision shall apply to the amounts of assets and revenues of the participants in concentrations, the declaration of concentration and the form of the declaration within the framework of proceedings initiated and conducted after August 1, 2025.
PART II: HEALTH SECTOR
(This section of legal updates includes legal updates related to the healthcare sector for August 2025)
1. On Amendments and Supplements to the Law "On Medical Assistance and Services to the Population"
Name of the legislative act:
HO-164-N On Amendments and Supplements to the Law "On Medical Assistance and Service to the Population"
https://www.arlis.am/hy/acts/192567
Change status:
The amendments to this Law shall enter into force on August 1, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of this Law, a change has been made to the Law of the Republic of Armenia on Amendments and Supplements to the Law "On Medical Assistance and Service to the Population"
What the changes are about:
The amendments to the law relate in particular to the legal regulation of professional activities in the healthcare sector, in particular to the mechanisms of individual and transitional individual licensing. The amendments provide for the addition of new paragraphs 22.1 and 22.2 of Article 2, part 1, which define the concepts of an individual license and a transitional individual license. An individual license is an official permit that certifies the right of a senior medical worker to engage in certain professional activities in the healthcare sector, while a transitional individual license is a permit for persons who, on the basis of study, under the supervision of an authorized body and to a specified extent, can carry out professional activities in clinical residency, clinical residency or institutions providing postgraduate military medical training. individual licensing process, as specified in Article 12, Part 3, will begin on August 1, 2025, in accordance with the schedule approved by the authorized body.
In Article 2 of the Law, Part 1 shall be supplemented with the following content: Points 22.1 and 22.2:
Article 2. Basic concepts used in the law
22.1) Individual license: Official permission confirming the right of a senior medical worker to engage in a certain type of professional activity in the field of healthcare.
22.2) transitional individual license: Official permission confirming the right of persons studying in clinical residency (clinical residency) or in an institution providing postgraduate military medical training to carry out professional activities on the basis of higher medical education, not independently, but under the supervision of the authorized body, to the extent determined by the authorized body.
Article 12. Final part and transitional provisions
3. The individual licensing process begins on August 1, 2025, in accordance with the schedule approved by the authorized body."
2. On establishing the application forms for an individual license and a transitional individual license, the list of documents required for obtaining an individual license and a transitional individual license, the forms of an individual license and a transitional individual license, the grounds and procedure for refusing to issue them, and the procedure for issuing and extending the validity period
Name of the legislative act:
"On establishing the application forms for obtaining an individual license and a transitional individual license, the list of documents required for obtaining an individual license and a transitional individual license, the forms of an individual license and a transitional individual license, the grounds and procedure for refusing to issue them, the procedure for issuing and extending the validity period" 17.04.2025 N 437-N Decision
Change status :
This Decision entered into force on August 1, 2025.
What the changes are about:
This decision concerns the issuance of individual and transitional individual licenses in the healthcare sector, the grounds for their refusal, their validity periods and the procedure for their extension, as well as the procedures for submitting and examining applications.
It provides for a list of required documents, rules for submitting and registering applications through an electronic platform, grounds for refusal, terms for issuing licenses, possibilities for extension, and appeal procedures. The decision comes into force on August 1, 2025. legal entities and individual entrepreneurs operating in the medical field to study the new licensing requirements that will come into effect on August 1, 2025. In particular, to study the procedure for issuing individual and transitional individual licenses, collect the necessary documents, ensure that professional activities comply with the standards established by law and government decree. It is also advisable to check in advance the availability of professional development certificates or the absence of health barriers in order to avoid possible rejections in the future.
Based on Article 35.1, Part 13 of the Law "On Medical Assistance and Services to the Population", the Government of the Republic of Armenia decides:
1. Define:
1) the list of documents required for obtaining an individual license and a transitional individual license, the grounds and procedure for refusing to issue them, the procedure for issuing and extending the validity period, in accordance with Appendix No. 1;
2) Application forms for obtaining an individual license and a transitional individual license, in accordance with Appendix N 2.
3) individual license and transitional individual license forms in accordance with Appendix No. 3.
2. This decision shall enter into force on August 1, 2025.
LIST OF DOCUMENTS NECESSARY FOR OBTAINING AN INDIVIDUAL LICENSE AND TRANSITIONAL INDIVIDUAL LICENSE, GROUNDS AND PROCEDURE FOR REFUSING THEIR ISSUANCE, PROCEDURE FOR ISSUANCE AND EXTENSION OF THEIR VALIDITY TERM
1. This procedure regulates the documents required for obtaining an individual license and a transitional individual license by senior medical workers, as individuals, regardless of their place of work, and clinical interns (clinical residents), persons studying at an institution providing military medical postgraduate training (hereinafter referred to as the applicant), for independent professional activities in the field of healthcare, the issuance of an individual license and a transitional individual license, the refusal to issue them, and the extension of the validity period of an individual license.
2. The individual license and the transitional individual license are issued electronically by the authorized state administration body in the field of healthcare of the Republic of Armenia (hereinafter referred to as the authorized body).
3. In order to obtain an individual license, the applicant shall fill out an application set out in Form N 1 of Appendix N 2 of this Decision online through the licensing platform (hereinafter referred to as the platform), and the clinical resident, a person studying at an institution providing postgraduate military medical education, shall fill out an application set out in Form N 2 of Appendix N 2 of this Decision.
4. The application for an individual license is formed on the platform through the automatic generation of data that is presented in the application for participation in the centralized examination, and in cases where additional data is required, it is entered by the applicant.
5. The following information shall be included in the application for an individual license:
1) Applicant's first name, last name, and patronymic.
2) information about the identity document;
3) public services number or reference number for not receiving a public services number;
4) place of registration, place of residence, telephone number, e-mail address.
5) data from state-standard graduation documents certifying the fact of higher and postgraduate professional education or a document confirming the recognition and equivalence of education obtained in a foreign country in accordance with the procedure established by the law of the Republic of Armenia;
6) profession.
7) Place of activity (address), telephone number (to be filled in if activity is being carried out).
8) For a Continuing Professional Development Certificate (hereinafter referred to as CPD Certificate) or a First-Time Professional Activity Certificate (if any), the validity period:
9) the number and date of the decision of the centralized examination committee organized for the purpose of obtaining an individual license, which is automatically obtained from the register of medical professionals;
10) receipt for payment of state duty or a receipt generated by the electronic state payment system or a 20-digit code of the generated receipt (if any), if it has been paid in advance, with the exception of senior medical personnel holding military positions in the Armed Forces of the Republic of Armenia, the National Security Service, the Police and the Rescue Service operating under the Ministry of Internal Affairs.
11) Information on undergoing a medical examination to ensure that there are no physical disabilities or diseases that hinder professional medical activity, included in the list established by the Government of the Republic of Armenia, which is automatically received from the electronic healthcare system.
12) information on not having a criminal record, the paper version of which is entered into the platform by the applicant or it is received electronically through the RA Government Interaction Platform.
6. The application for a transitional individual license is formed on the platform through the automatic generation of data that is presented in the application submitted for participation in the centralized examination, and in cases where additional data is required, they are entered by the applicant.
7. The following information shall be included in the application for a transitional individual license:
1) Applicant's first name, last name, and patronymic.
2) information about the identity document;
3) public services number or reference number for not receiving a public services number;
4) place of registration, place of residence, telephone number, e-mail address.
5) data from the state-standard graduation document certifying the fact of higher professional education or a document confirming the recognition and equivalence of education obtained in a foreign country in accordance with the procedure established by the law of the Republic of Armenia;
6) profession
7) Name and location of the educational institution, day, month, year of admission to the educational institution.
8) the number and date of the decision of the centralized examination commission organized for the purpose of obtaining a transitional individual license, which is automatically obtained from the register of healthcare professionals;
9) receipt for payment of state duty or a receipt generated by the electronic state payment system or a 20- digit code of the generated receipt (if any), if paid in advance, with the exception of persons studying at institutions providing postgraduate military medical training;
10) Information on undergoing a medical examination to ensure that there are no physical disabilities or diseases that hinder professional medical activity, included in the list established by the Government of the Republic of Armenia, which is automatically received from the electronic healthcare system.
11) information on not having a criminal record, the paper version of which is entered into the platform by the applicant or it is received electronically through the RA Government Interaction Platform.
8. If the data specified in paragraphs 5 and 7 of this procedure, with the exception of subparagraph 10 of paragraph 5 and subparagraph 9 of paragraph 7, are incomplete, the application shall not be formed.
9. After the application is completed, the senior medical officer or clinical resident, the person studying at the institution providing postgraduate military medical training, approves it, after which the application becomes available to the employee of the RA Ministry of Health Licensing Agency (hereinafter referred to as the Agency).
10. In case of inconsistencies in the data in the application, within 2 working days after their discovery, the agency employee returns the application to the applicant for corrections, and in the absence of inconsistencies in the data, the application is considered accepted.
11. In the case provided for in paragraph 10 of these Rules, the applicant shall eliminate the existing deficiencies within 5 working days and resubmit the application, and in case of failure to eliminate the deficiencies and resubmit, the initially submitted application shall be stored in the applicant's personal account with the possibility of deletion by the latter, and the application shall be considered rejected.
12. In case of acceptance of the application, the applicant receives a notification about it automatically.
13. The application is examined and the order of the head of the authorized body on granting or refusing an individual license or transitional individual license is adopted within 23 working days from the date of acceptance of the application.
14. The conclusion of the licensing commission shall be submitted to the head of the authorized body on the day of its adoption. Based on the conclusion of the licensing commission, the head of the authorized body shall adopt a corresponding order within two days following the adoption of that conclusion.
15. The issuance of an individual license and a transitional individual license shall be refused if:
1) the result of the centralized examination is negative or:
2) the person has a physical disability or illness that impedes professional medical activity as specified in the list established by the decision of the Government of the Republic of Armenia, or:
3) the person has a criminal record that has not been expunged or expunged in accordance with the established procedure, or:
4) the profession specified in the application does not correspond to the profession specified in the graduation document issued by the educational institution providing professional education or the educational institution providing post-graduate professional education, or:
5) the grounds provided for in Article 35.1, Part 21 and Article 35.3, Part 1, Point 6 of the Law "On Medical Assistance and Service to the Population" are present, information on which is submitted to the authorized body by the authorized body of the state sector possessing the relevant information, within five working days from the moment the grounds for dismissal from military service become known, in paper or electronic form, through the RA Government Interaction Platform;
6) the submitted application contains obviously false or distorted information;
7) the submitted documents do not comply with the requirements of the law, other legal acts and this procedure;
8) the person is recognized as incapacitated or limitedly capable based on a court decision that has entered into legal force, the information regarding which is verified by an employee of the agency through the "Datalex" information system.
16. If the application submitted is rejected by the conclusion of the licensing commission, the conclusion shall clearly state the grounds for the rejection of the application.
17. The applicant shall be notified via the platform of the acceptance of the order to grant or reject the application by the head of the authorized body within one working day after the acceptance of the order.
18. If the applicant has not previously paid the state fee prescribed by law, then within 5 working days after the notification of the order of the head of the authorized body on the satisfaction of the application, he must pay the state fee and upload the information on it to the platform, after which an individual license will be automatically generated on the same day in accordance with Form N 1 of Appendix N 3 to this decision in the case of senior medical workers, and a transitional individual license in accordance with Form N 2 of Appendix N 3 to this decision in the case of a clinical resident (clinical resident), a person studying at an institution providing military medical postgraduate training.
19. If the applicant has paid the state fee prescribed by law in advance, then after the head of the authorized body adopts an order on the satisfaction of the application, and after uploading the date and number of the latter to the platform, an individual license or transitional individual license is automatically generated on the same day.
20. If the application has been rejected by order of the head of the authorized body, the applicant may submit a new application after the grounds for rejection have been eliminated.
21. An individual license is issued for a period of 5 years with the possibility of extension, and a transitional individual license is issued for the period of study at an institution providing postgraduate professional education.
22. The term of an individual license is extended for another five years if:
1) within the last five years the senior medical worker has obtained a PPE certificate;
2) the grounds provided for in Articles 35.2 and 35.3 of the Law "On Medical Assistance and Services to the Population" are not present. 21. No sooner than three months and no later than one month before the expiration of the individual license, a senior medical worker may submit an application through the platform to extend the validity of the individual license for the next five years by updating the documents and information provided for in paragraph 4 of these regulations on the platform.
23. Applications for extension of the validity period of an individual license shall be examined by the licensing commission in accordance with the procedure established by paragraphs 6-12 of this procedure.
24. Applications for extension of the validity period of an individual license shall be rejected if:
1) the senior medical worker has not obtained a PPE certificate within the last five years;
2) the grounds provided for in Articles 35.2 and 35.3 of the Law "On Medical Assistance and Services to the Population" are present.
25. The validity period of an individual license is extended on the day of its expiration by generating a new license on the platform on the same day.
26. Upon the expiration of the term specified in the transitional individual license, its validity shall be terminated.
27. In the event of suspension or termination of an individual license and transitional individual license, after recording the status on the platform, the green QR code will turn red in case of termination, and yellow in case of suspension.
28. The order of the head of the authorized body on the refusal to issue an individual license or its extension may be appealed to the authorized body, as well as to the administrative court in accordance with Part 1 of Article 219 of the RA Administrative Procedure Code, within fifteen days after receiving the administrative act.
3. On making additions and amendments to the Decision of the Government of the Republic of Armenia of June 29, 2002 N 867 on approving the licensing procedures for the production of medicines, pharmacy activities, medical care and service, implementation of medical secondary vocational and higher educational programs in the Republic of Armenia and the forms of licenses for the implementation of the mentioned activities
Name of the legislative act:
RA Government Decision No. 1010-N of 24.07.2025 on making additions and amendments to the Decision No. 867 of the Government of the Republic of Armenia of June 29, 2002 https://www.arlis.am/hy/acts/209806
Change status :
This Decision entered into force on August 3, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of this Decision, a change was made to the Decision of the Government of the Republic of Armenia No. 867 of June 29, 2002 on approving the licensing procedures for the production of medicines, pharmacy activities, medical care and services, and the implementation of medical secondary vocational and higher educational programs in the Republic of Armenia and the forms of licenses for the implementation of the aforementioned activities.
What the changes are about:
to this Decision lies in the stricter quality control of healthcare services and the requirements for professional personnel. First, it is stipulated that both outpatient and inpatient organizations must have a quality assurance officer. This position can only be held by professionals who have accumulated at least 50 HSE credits in the last five years in healthcare quality and safety . Thus, quality control becomes not a formal requirement, but a truly measurable and professionally qualified function. Large centers providing outpatient services (those serving a population of more than 45,000) must have a separate quality officer. Small organizations are given a flexible option: they may not have a separate position, but the responsibilities must be assigned to an existing employee who meets the quality officer criteria. In addition, changes are being made to staffing requirements: the concept of “medical secondary professional education” is being clarified, requiring documentary validation. At the same time, new regulations on round-the- clock duty in hospitals are being established: in the regions, this must be ensured by senior medical workers, at the rate of one specialist for every 80 beds. In Yerevan, the requirement is stricter: regardless of the number of beds, round-the-clock duty of senior medical workers must be ensured for almost all types of medical services. The provision of duty is considered sufficient if at least 4 relevant medical workers are involved.
Supplement Annex No. 5 with the following content, point 19.5:
19.5. Providers of medical care and services in outpatient and inpatient settings must have positions of quality assurance responsible persons in their structure, ensuring the requirements set out for quality assurance responsible persons in the sections “Clarification of Appendix N 12” and “Clarification of Appendix N 13” of Appendix N 12. For the purposes of this point, the following persons who have acquired at least 50 SMH credits on topics related to the quality improvement and safety of healthcare services during the last 5 years are considered to be responsible persons for quality assurance of medical care and services:
1) senior medical worker:
2) an average healthcare worker with professional education completed through a bachelor's program;
In the "General Provisions" chapter of Appendix N 12, section "Explanation of Appendix N 12", add new paragraphs after the last paragraph:
b. with the following content:
"Organizations providing outpatient and polyclinic medical care and services that serve more than 45,000 people must have one position of a person responsible for quality assurance in their structure. Providers of medical care and services not included in the group specified in this paragraph and providers of medical care and services in other outpatient settings may not have a position of a person responsible for ensuring the quality of medical care and services in their structure, in which case the responsibilities of the person responsible for ensuring the quality of medical care and services shall be assigned by order of the head of the executive body of the provider of medical care and services to one of the employees who must comply with the requirements of paragraph 19.5 of Appendix No. 5 to this decision."
"PERSONNEL SATISFACTION" of point 99.3 of Appendix No. 13 shall be amended as follows: "STAFF SATISFACTION"
A person with secondary professional medical education, with a certificate certifying the fact of education.
In the section "Explanation of Appendix N 13" of paragraph 101 of Appendix N 13
"The person providing medical care and service in a hospital setting must organize round-the-clock duty of middle and junior medical workers in each separate department, ensuring at least one senior medical worker on duty in the hospital (a medical position is defined as 1 position per 80 beds)." The paragraph should be reworded as follows:
"The provider of medical care and services in hospital conditions must ensure round-the-clock duty of middle and junior medical workers in each separate department. In the regions, the provider of medical care and services in hospital conditions must ensure round-the-clock duty of senior medical workers who have a permit to independently carry out professional activities in the field of healthcare for every 80 beds. In the city of Yerevan, the provider of medical care and services in hospital conditions must ensure round-the-clock duty of senior medical workers who have a permit to independently carry out professional activities in the field of healthcare for each type of medical care and service provided under the specified condition, except for epidemiological, clinical drug and anesthesiological types, regardless of the number of beds. The professional education of medical workers must correspond to the types of medical care and services provided in hospital conditions, provided for by the license issued to the provider of medical care and services. For the purposes of this Appendix, round-the-clock duty of medical workers is considered to be ensured in the event of the involvement of at least 4 or more relevant medical workers on duty, unless there is another (overriding) regulation stipulated by this Appendix regarding the number of beds for individual types of medical care and service.
PART III. TAX SECTOR
(This section of legal updates includes legal updates related to the tax sector for August 2025)
1. On making additions and amendments to the Tax Code regarding tax audits and information on means of identification
Name of the legislative act :
Law of the Republic of Armenia No. HO-255-N of 03.07.2025 on Amendments and Supplements to the Tax Code
https://www.arlis.am/hy/acts/209773
Change status :
The amendment to this Law entered into force on August 1, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of this Law, a change has been made to the Tax Code of the Republic of Armenia.
What the changes are about:
The change specifically concerns the control of goods in circulation. If previously only the correctness of the application of excise stamps and labels was checked, now the scope of control also extends to identification means. This means that the state system seeks to make the circulation of goods completely transparent by using new digital means.
Additional obligations arise in the sales process: it is necessary not only to issue a receipt, but also to ensure that the receipt reflects the number of means of identification and a special verification number. At the same time, the seller is obliged to transfer data in real time to a unified database, either through a cash register or through software connected to it. This means additional technical investments for entrepreneurs, but at the same time provides more secure and accurate tax control.
Strict liability measures are also envisaged. If data is not transferred or is transferred incorrectly, monetary fines are applied, which can accumulate and reach quite large amounts, depending on the violation. This approach encourages businesses to take internal control mechanisms more seriously.
In Part 3 of Article 335 of the Tax Code of the Republic of Armenia of October 4, 2016 (hereinafter referred to as the Code):
1) In paragraph 3, after the word "stamps", add the words "or identification means":
Article 335. Tax audits
3. Thematic tax audit questions are:
3) the accuracy of the application of excise stamps and/or labels or identification means ;
In Article 381 of the Code, Part 3 shall be supplemented with the following paragraphs 18 and 19:
Article 381. Rules for the use of a cash register.
Organizations, individual entrepreneurs, and notaries using cash registers are required to provide a cash register receipt to the purchaser of goods, contractor of works, or recipient of services when making monetary settlements in cash or using payment cards or other payment instruments based on payment technologies.
The following information (data) must be printed on the cash register receipt:
18) in the case of the sale of goods stamped with identification, the number of means of identification (except for coupons with the entry "prepaid").
19) in the case of sales of goods stamped with identification means, the verification number generated by an algorithm approved by the tax authority based on the identification means (except for receipts with the entry "prepayment")
to supplement parts 3.1 and 3.2 with the following content:
3.1. Except for the cases specified in Part 3.2 of this Article, organizations and individual entrepreneurs using cash registers, in the case of the sale of goods marked with identification means, are obliged to ensure the transfer of information on the withdrawal of these identification means from circulation to the unified database of the tax authority through the cash register or through software or technical means connected to it, by scanning these identification means and printing a cash register receipt.
3.2. In cases and in accordance with the procedure established by the Government, the transmission of information on the means of identification of goods stamped with means of identification shall be carried out electronically.
The Code shall be supplemented with the following content in Article 416.1:
Article 416.1. Failure to transmit information on means of identification or transmitting information that differs from the information subject to transmission
1. For failure to transmit information on each means of identification or for transmitting information that differs from the information actually transmitted, an organization or individual entrepreneur shall be fined in the amount of 30 thousand drams. The total amount of fines established in this part for each tax inspection act may not exceed 300 thousand drams.
2. In the event of the first violation within one year following the recording of the violation specified in Part 1 of this Article in a tax audit report, the organization or individual entrepreneur shall be fined 30 thousand drams. The total amount of fines established in this Part in each tax audit report may not exceed 3 million drams.
3. In the event of a second or more violations within one year following the recording of the violation specified in Part 1 of this Article in a tax audit report, the organization or individual entrepreneur shall be fined 30 thousand drams. The total amount of fines established in this Part in each tax audit report may not exceed 10 million drams.
4. For the purposes of applying Parts 2 and 3 of this Article, a violation shall be deemed to have been committed within one year from the date of the tax audit report until the date of the draft tax audit report of the violation specified in Part 1 of this Article.
In Article 419 of the Code, the second sentence of Part 9 shall be amended as follows:
Article 419. Failure to comply with cash transaction restrictions
For the purposes of this part, a violation shall be deemed to have been committed again within one year from the date of the tax audit report until the date of the draft tax audit report of the violation specified in part 8 of this article.
PART IV. STATE REVENUE SECTOR
(This section of legal updates includes legal updates related to the state revenue sector for August 2025)
1. On making additions and amendments to the main concepts in the Law "On Combating Money Laundering and the Financing of Terrorism"
Name of the Legislative Act:
Law of the Republic of Armenia of 03.07.2025 N HO-261-N on Amendments and Supplements to the Law "On Combating Money Laundering and Financing of Terrorism" https://www.arlis.am/hy/acts/209949
Change Status:
This Decision entered into force on August 8, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
As a result of the adoption of the decision, a change was made to the Law "On Combating Money Laundering and the Financing of Terrorism"
What the changes are about:
The amendments to the law put the most important emphasis on the issue of who are considered reporting entities and how supervision over them is defined. If previously the concept of “non-financial institutions” was quite broad, now it has been clarified: only the categories specifically specified in the law are considered to be entities of this type. In addition, the amendment also applies to the threshold for the number of employees : if such an organization or individual is engaged in relevant activities, but has less than 10 employees, a number of obligations of the law do not apply to it. With this approach, small businesses are removed from strict supervision, while large organizations continue to remain under supervision. Supervisory bodies have also been clarified: they are considered sectoral competent authorities, which, in addition to regulating the given activity, are also obliged to exercise supervision in the field of combating money laundering and terrorist financing. In parallel, a significant change has been made to the definition of “beneficial owner”. Previously, this concept was mainly associated with the person on whose behalf or for whose benefit the transaction was made, or who actually controlled the company. In the new version, this definition is much more detailed: it includes not only legal entities, but also participants in trusts and other similar formations. That is, the beneficial owner is considered to be the founder, manager, beneficiary, protector of interests of the trust, as well as any other person who actually controls this structure. In the case of legal entities, the criterion has again been maintained, according to which the presence of a share or participation of 20 percent or more, or control by other means, is considered the basis for recognizing a person as a beneficial owner. The purpose of this change is to exclude the possibility that hidden owners can obscure their identity and avoid detection. Finally, the definition of “legal entity” has also been changed. Previously, a legal entity was considered an organization established under the laws of the Republic of Armenia or a foreign country, as well as a trust or an entity without legal status. In the new edition, this concept is broader, also including “other similar entities.” This was done so that structures that actually operate like a legal entity but do not have legal status are not excluded from the scope of application of the law.
Paragraph 6 of the Law HO-80-N of May 26, 2008 "On Combating Money Laundering and the Financing of Terrorism" shall be amended as follows:
Article 3. Basic concepts used in the law
Old version.
6) Non-financial institutions or persons are reporting entities defined in subparagraphs "j"-"i" of paragraph 4 of this part.
Articles 4, 23 and 25 of this law shall apply to non- financial institutions or persons only if they have more than 10 employees.
New version.
6) non-financial institutions or persons are reporting entities defined in subparagraphs "j"-"i" of paragraph 4 of this part. Moreover, Articles 4 and 23 of this Law shall apply to non-financial institutions or persons who are natural persons only in the case of having more than 10 employees, and Article 25 of this Law shall apply to non-financial institutions or persons only in the case of having more than 10 employees.
Paragraph 8 should be amended as follows:
Old version.
8) The supervisory authority is the competent authority that licenses (appoints, qualifies or otherwise issues a permit to operate) and supervises the reporting entity.
New version.
8) The supervisory authority is a body authorized to exercise supervision over the reporting entity in the field of combating money laundering and terrorist financing based on the sectoral legislation regulating the given activity.
Paragraph 14 should be amended as follows:
Old version.
14) the beneficial owner is a natural person on whose behalf or for whose benefit the customer actually acts and (or) who actually (de facto) controls the customer or the person on whose behalf or for whose benefit the transaction is made or the business relationship is established. The beneficial owner of a legal entity (except for a trust or other legal arrangement that does not have the status of a legal entity under foreign law) is considered to be a natural person who:
a. directly or indirectly owns 20 percent or more of the voting shares (stocks, units) of the legal entity or directly or indirectly has a 20 percent or more participation in the authorized capital of the legal entity,
b. exercises real (de facto) control over the legal entity by other means,
c. is an official exercising general or current management of the activities of the legal entity in the event that there is no natural person meeting the requirements of subparagraphs "a" and "b" of this clause.
New version.
14) the beneficial owner is a natural person to whom the legal entity customer actually (de facto) belongs, or who actually (de facto) controls the customer, or on whose behalf the transaction is carried out. The beneficial owner of a trust or other similar legal arrangement is considered to be the founder, manager, beneficiary (including the class of beneficiaries), protector (if any) and other natural persons exercising actual (de facto) control, and in the case of other similar legal arrangements, natural persons performing equivalent or similar functions. The beneficial owner of a legal entity is considered to be a natural person who:
a. directly or indirectly owns 20 percent or more of the voting shares (stocks, units) of the legal entity or directly or indirectly has a 20 percent or more participation in the authorized capital of the legal entity,
b. exercises real (de facto) control over the legal entity by other means,
c. is an official exercising general or current management of the activities of the legal entity in the event that there is no natural person meeting the requirements of subparagraphs "a" and "b" of this clause.
Paragraph 16 should be amended as follows:
Old version.
16) legal A person is an organization or institution that has the status of a legal entity under the legislation of the Republic of Armenia and/or foreign law, as well as a trust or a legal arrangement that does not have the status of a legal entity under foreign law.
New version.
16) a legal entity is an organization having the status of a legal entity under the legislation of the Republic of Armenia or a foreign country, as well as a trust or other similar legal arrangement, unless it follows from the content of the relevant provision that the provision applies only to an organization having the status of a legal entity;
Paragraph 16.1 should be amended as follows:
Old version.
16.1) a trust is an organization with the status of a legal entity under foreign law or another legal arrangement without the status of a legal entity, where the trust manager, based on fiduciary obligations, carries out transactions related to property transferred to him by the trust founder under the right of ownership, for the benefit of the trust beneficiary;
New version.
16.1) A trust is a foreign legal entity in which the trustee carries out transactions related to property transferred by the trustee for management purposes for the benefit of the beneficiary of the trust or for another determined purpose.
Paragraph 21 should be amended as follows:
Old version.
21) High risk criteria are criteria defined by this Law, legal acts of the authorized body, as well as internal legal acts of the reporting entity, which indicate a high probability of money laundering or terrorist financing, including potential or existing customers or beneficial owners who are politically exposed persons, beneficiaries of life insurance certificates, persons (including financial institutions) located or residing in non-compliant countries or territories or from such countries or territories, all complex or unusually large transactions, as well as transactions with unusual conditions or business relationships, the economic or other legitimate purposes of which are not obvious. Moreover, the presence of a high risk criterion in a transaction or business relationship may be characterized by a combination of the established criteria in cases provided for by the authorized body.
New version.
21) High risk criterion is a criterion established by the legal acts of the authorized body, as well as by the internal legal acts of the reporting entity, which indicates a high probability of money laundering or terrorist financing.
Paragraph 23 should be amended as follows:
Old version.
23) low risk criterion is a criterion established by this Law or legal acts of the authorized body that indicates a low probability of money laundering or terrorist financing, including financial institutions, state bodies, local self-government bodies, state non-profit organizations, community management institutions that are effectively supervised from the point of view of combating money laundering and terrorist financing, with the exception of bodies or organizations located in non-compliant countries or territories. Moreover, the presence of a low risk criterion in a transaction or business relationship may be characterized by a combination of the established criteria in cases provided for by the authorized body.
New version.
23) Low risk criterion is a criterion established by legal acts of the authorized body, which indicates a low probability of money laundering or terrorist financing.
In Article 4 of the Law, Part 2 shall be amended as follows:
Article 4. Application of a risk-based approach by reporting entities
Old version.
2. When assessing the risks of money laundering and terrorist financing, as well as the financing of the proliferation of weapons of mass destruction, before characterizing the overall level of risk and establishing an appropriate level of risk mitigation, financial institutions and non-financial institutions and persons shall take into account all risk factors and may implement differentiated measures in accordance with the type and level of risk.
New version.
2. In order to assess the risks of money laundering and terrorist financing, as well as the financing of the proliferation of weapons of mass destruction, financial institutions and non-financial institutions and persons should take into account all relevant risk factors and, based on them, determine the overall level of risk and the nature of the mitigation mechanisms to be applied. As a result of the risk assessment, financial institutions and non-financial institutions and persons may implement differentiated measures in accordance with the existing risks.
to be supplemented with the following part 6:
6. The results of the risk assessment provided for in this Article shall be maintained by financial institutions and non-financial institutions and persons for a period of at least 5 years.
2. On Amendments and Supplements to the Code of the Republic of Armenia on Administrative Offenses
Name of the legislative act :
Law of the Republic of Armenia No. HO-262-N of 03.07.2025 on Amendments and Supplements to the Code of the Republic of Armenia on Administrative Offenses
Change status :
The amendment to this Law entered into force on August 8, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
As a result of the adoption of the decision, a change was made to the Code of the Republic of Armenia on Administrative Offenses.
What the changes are about:
According to the amendment to the Code, stricter and more diverse liability is envisaged for cases where non- financial institutions, their managers, organizers of gambling, officials of a state body or persons acting as trustees of a trust do not fulfill or improperly fulfill their obligations under the law against money laundering and terrorist financing. At the same time, it is envisaged that in the event of a warning, instructions may also be issued to eliminate or correct violations with specific deadlines. Thus, the changes are aimed at increasing the effectiveness of supervision, tightening sanctions, and ensuring a preventive approach, not only with fines, but also with corrective measures.
Article 165.9 of the Code of the Republic of Armenia on Administrative Offenses of December 6, 1985 (hereinafter referred to as the Code) shall be amended to read as follows:
Article 165.9. Violation of the requirements of the Law of the Republic of Armenia “On Combating Money Laundering and the Financing of Terrorism” and legal acts adopted on the basis of that
Old version.
1. Violation of the requirements of the Law of the Republic of Armenia "On Combating Money Laundering and the Financing of Terrorism" (hereinafter referred to as the Law until the end of this Article) or legal acts adopted on the basis of the Law by non-financial institutions or individuals who are natural persons shall result in the application of the following liability measures:
1) Failure to fulfill or improper fulfillment of the obligations set forth in Article 4 of the Law: shall result in a warning or a fine of one hundred times the minimum wage.
2) Failure to provide reports specified in Part 2 of Article 6 of the Law (including failure to consider the transaction or business relationship suspicious in the cases specified in Part 1 of Article 7 of the Law) or providing them after the deadline: shall result in a warning or a fine of three hundred times the minimum wage.
3) Failure to submit the reports specified in Part 3 of Article 6 of the Law or submitting them after the deadline, as well as filling in the specified reports with incorrect (including false or unreliable) or incomplete data, making structural changes to the approved reporting form: shall result in a warning or a fine of one hundred times the minimum wage.
4) Failure to fulfill or improperly fulfill the obligation specified in Part 5 of Article 6 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
5) Failure to fulfill or improper fulfillment of the obligation specified in Part 3 of Article 7 of the Law: shall result in a warning or a fine of one hundred and fifty times the minimum wage.
6) Failure to fulfill or improperly fulfill the obligation specified in Part 5 of Article 9 of the Law: shall result in a warning or a fine of one hundred times the minimum wage.
7) Failure to fulfill or improperly fulfill the obligations to provide information or execute instructions specified in Article 10, Part 1, Paragraphs 4 and 6 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
8) Failure to fulfill or improperly fulfill the obligations set forth in Article 16 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
9) Failure to fulfill or improper fulfillment of the obligations set forth in Article 17 of the Law: shall result in a warning or a fine of one hundred times the minimum wage.
10) Failure to fulfill or improperly fulfill the obligations set forth in Article 18 of the Law: shall result in a warning or a fine of one hundred times the minimum wage.
11) Failure to fulfill or improper fulfillment of the obligations set forth in Article 21 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
12) Failure to fulfill or improperly fulfill the obligations set forth in Article 22 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
13) Failure to fulfill or improperly fulfill the obligations set forth in Article 23 of the Law: shall result in a warning or a fine of one hundred times the minimum wage.
14) Failure to fulfill or improperly fulfill the obligations set forth in Article 24 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
15) Failure to fulfill or improper fulfillment of the obligations set forth in Article 25 of the Law: shall result in a warning or a fine of one hundred times the minimum wage.
16) Failure to fulfill or improperly fulfill the obligations set forth in Article 26 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
17) Failure to fulfill or improperly fulfill the obligations set forth in Article 27 of the Law: shall result in a warning or a fine of three hundred times the minimum wage.
18) Failure to fulfill or improperly fulfill the obligations set forth in Article 28 of the Law: shall result in a warning or a fine of one thousand times the minimum wage.
New version.
1. Failure to fulfill or improper fulfillment of obligations established by the Law of the Republic of Armenia "On Combating Money Laundering and the Financing of Terrorism" or legal acts adopted on its basis by non- financial institutions or individuals who are natural persons, except for the cases provided for in Part 1.2 of this Article, for each violation:
shall result in a warning or the imposition of a fine in the amount of five hundred to five thousand times the established minimum wage..
to supplement with the following content in parts 1.1-1.3:
1.1. The act provided for in Part 1 of this Article, committed by the head of a non-financial institution that is a legal entity or the responsible person of the organizers of games of chance, Internet games of chance, lotteries, games organized through bookmaker activities, as well as an official of a state body with responsibilities provided for by this Law, for each violation: shall result in a warning or the imposition of a fine in the amount of one hundred to one thousand times the established minimum wage.
1.2. Failure to fulfill or improper fulfillment of the obligation provided for in Article 28 of the Law of the Republic of Armenia "On Combating Money Laundering and Financing of Terrorism" by non-financial institutions and individuals who are natural persons, for each violation: shall result in a warning or the imposition of a fine in the amount of one thousand to ten thousand times the established minimum wage.
1.3. Failure or improper performance of the obligations stipulated by the Law of the Republic of Armenia "On Combating Money Laundering and Financing of Terrorism" by a natural person manager of a trust or a natural person performing management functions of another similar legal entity: shall result in a warning or the imposition of a fine in the amount of five hundred times the established minimum wage.
to be supplemented with the following part 4:
4. In the cases provided for in this Article, the prescribed warning may also include instructions to eliminate, correct or exclude violations in the future, setting deadlines or measures for the implementation of the instructions to eliminate or correct the violations..
PART V. PRIVATE SECTOR
(This section of legal updates includes legal updates related to the private sector for the month of August 2025)
1. On making amendments to the Civil Code of the Republic of Armenia regarding shares
Name of the legislative act :
Law of the Republic of Armenia No. HO-265-N of 03.07.2025 on Amendments to the Civil Code of the Republic of Armenia
https://www.arlis.am/hy/acts/209952
Change status :
The amendment to this Law entered into force on August 8, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
As a result of the adoption of the decision, a change is made to the Civil Code of the Republic of Armenia.
What the changes are about:
According to the presented amendment, the new edition of Part 2 of Article 157 of the Civil Code of the Republic of Armenia of May 5, 1998, shares are classified as freely circulating or limitedly circulating, common or preferred , and according to the peculiarity of the transfer of ownership rights, they can only be nominal . This amendment simplifies the legal status of shares by clearly defining their types and transfer rules, which makes investment and financial relations between companies and shareholders more predictable.
To amend Part 2 of Article 157 of the Civil Code of the Republic of Armenia of May 5, 1998, as follows:.
Article 157. Shares
Old version.
2. Shares may be bearer or registered, free float or limited float, common or preferred.
New version.
2. Shares may be freely tradable or restricted tradable, common or preferred. Shares, depending on the nature of the transfer of ownership rights, may only be nominal..
2. On approving Regulation 10/41 "Procedure for Granting a Permit to Manage a Non-Public Investment Fund" and making amendments and supplements to a number of decisions of the Board of the Central Bank of the Republic of Armenia
Name of the legislative act:
Decision No. 127-N on approving Regulation 10/41 " The Procedure for Granting a Permit to Manage a Non-Public Investment Fund" and making amendments and supplements to a number of decisions of the Board of the Central Bank of the Republic of Armenia https://www.arlis.am/hy/acts/210189
Change status :
The amendment to this Law entered into force on August 11, 2025.
What the changes are about:
The Central Bank recently adopted a resolution approving the “Procedure for Granting a Permit to Manage a Non- Public Investment Fund”, which provides for a new approach to the regulation and supervision of this sector of investment activity. The content of the resolution is aimed not only at simplifying procedures, but also at deepening the supervisory function so that fund management is carried out in a more predictable and transparent environment. Until now, the general regulations for the management of investment funds were of a rather general nature, but this resolution establishes a clear procedure for what documents and what information a candidate for a non-public investment fund manager must submit to the Central Bank, how his professional qualifications will be assessed, as well as the period within which the permit granting process will be carried out.
This is especially important because non-public investment funds can have a significant impact on the stability of the financial market and the protection of investors’ interests. The decision requires that each manager submit a business plan for at least the next three years, which will contain not only strategic ideas, but also risk management mechanisms and forecasts of the volume of assets and profitability. Thus, the Central Bank not only assesses the legal and professional suitability of the candidate, but also gets the opportunity to predict the possible consequences of future activities for the market.
The decision also introduces a unified approach to how the comprehensive assessment of managers and responsible persons will be carried out. This means that the process of obtaining a permit is transformed from a formal to a substantive assessment, where not only the completeness of the submitted documents is important, but also their compliance with international standards. Thus, the orderly and predictable development of the investment environment is ensured.
In general, it can be said that the purpose of this decision of the Central Bank is not only to strengthen control over the investment market, but also to strengthen confidence in investors. Clarified requirements, complete lists of documents and the establishment of deadlines allow to reduce uncertainties, prevent abuses and create mechanisms thanks to which the management of non-public investment funds will become more transparent and accountable. This is an actual step towards the formation of an investment environment in line with international best practice, where the role of the regulatory body is not only to control, but also to prevent and promote development.։
Aiming to establish the list of information and documents required for obtaining a permit to manage non-public investment funds, the procedure and deadlines for their submission to the Central Bank, as well as to establish a unified procedure for assessing the compliance of managers of financial organizations, Based on Article 8.1, Parts 1 and 4, and Article 8.2, Parts 1 and 2, of the Law "On Investment Funds", Guided by Part 3 of Article 2, Point “e” of Part 1 of Article 20 of the Law “On the Central Bank of the Republic of Armenia”, as well as Parts 1 and 3 of Article 33 and Article 34 of the Law “On Regulatory Legal Acts”, the Board of the Central Bank of the Republic of Armenia
It is decided .
1. To approve Regulation 10/41 "Procedure for Issuing a Permit to Manage a Non-Public Investment Fund" in accordance with the Appendix to this decision.
2. The following additions and amendments shall be made to Appendix 8 of Regulation 4/01 “Registration and licensing of investment companies, registration of branches and representative offices of investment companies and foreign investment companies, procedure for obtaining preliminary consent for having a significant participation in the authorized capital of investment companies, procedure, form and terms for submitting a business plan submitted by investment companies, notification of the provision of investment services by the bank” approved by the Resolution No. 16-N of the Board of the Central Bank of the Republic of Armenia dated January 15, 2008.
PART VI. CUSTOMS SECTOR
(This section of legal updates includes legal updates related to the customs sector for August 2025)
1. On the approval of the Agreement "On the Unified Customs Transit System between the Eurasian Economic Union and Third Party(ies)"
Name of the legislative act :
Decree of the President of the Republic of Armenia 08.08.2025, N НХ-192-Н on approving the Agreement "On the Unified Customs Transit System between the Eurasian Economic Union and Third Party(ies)"
https://www.arlis.am/hy/acts/210488/latest
Change status:
This Decree entered into force on August 12, 2025..
What the changes are about:
The decree concerns the ratification by the Republic of Armenia of a new international agreement, which was signed on December 26, 2024 in Saint Petersburg. It concerns the Agreement "On the Unified Customs Transit System between the Eurasian Economic Union and Third Party(ies)". With this document, the Republic of Armenia joins the initiative aimed at forming a unified customs transit system between the EAEU countries and third countries. It assumes that customs transit processes will become unified, identical rules and procedures will be applied, which will facilitate the movement of goods, reduce administrative obstacles and increase the predictability and efficiency of transit transportation. The adoption of the decree also demonstrates that Armenia is committed to implementing the relevant domestic legal and administrative steps to ensure the implementation of this agreement. This is especially important for Armenia as a transit country, as it provides an opportunity to engage in broader economic and customs cooperation, to create new mechanisms to facilitate international trade processes. In general, the purpose of this decree is to ensure Armenia's involvement in a coordinated customs policy between the EAEU and third countries, which can contribute to both the openness of the economy and the strengthening of international ties, as well as state more predictable and efficient collection of state revenues.
ON THE APPROVAL OF THE AGREEMENT "ON THE COMMON SYSTEM OF CUSTOMS TRANSIT BETWEEN THE EAEUS ECONOMIC UNION AND THIRD PARTY(S)"
Guided by Part 2 of Article 132 of the Constitution of the Republic of Armenia, as well as Part 3 of Article 10 of the Law "On International Treaties":
1. To approve the Agreement "On the Unified Customs Transit System between the Eurasian Economic Union and a Third Party (Third Parties)", signed in St. Petersburg on December 26, 2024.
2. This decree shall enter into force on the day following its official publication.
2. Resolution of the Council of the Eurasian Economic Commission “On the procedure for identifying electronic commerce products for which the possibility of returning them after purchase is provided”
Name of the legislative act :
No. 75 of September 24, 2024 on the procedure for identifying electronic commerce products for which the possibility of returning them after purchase is provided https://www.arlis.am/hy/acts/211180/latest
Change status:
This Decision entered into force on September 24, 2025.
What the changes are about:
This Decision aims to ensure the clear identification of e-commerce products that are purchased online and may be returned to the buyer. It stipulates that the e-commerce operator, prior to the delivery of the products, is obliged to provide each unit or package with a unique identification number, which can be represented by a 20-digit, shadow code, or the operator’s accounting system number or serial (factory) number. The identification data must be entered into the electronic system and, if required by the legislation of the EAEU member state, also in the accompanying documents of the product. In the event of a product return, the identification is carried out by comparing the data specified in the system or documents, ensuring clear identification and control of the product throughout the entire trade chain.
In accordance with Clause 11 of Article 3096 of the Customs Code of the Eurasian Economic Union and Clause 169 of Appendix No. 1 to the Rules of Procedure of the Eurasian Economic Commission, approved by Resolution No. 98 of the Supreme Eurasian Economic Council of December 23, 2014, the Council of the Eurasian Economic Commission has decided:
1. To establish that for e-commerce products for which the possibility of returning them after purchase from e- commerce platforms is provided, their identification shall be carried out in the following manner:
a) the e-commerce operator, prior to the delivery of e-commerce goods to the individual receiving them, shall ensure that on each unit of the goods or its packaging, which is inseparable from the goods until their use, and in which the goods are provided for retail sale, an identification number represented by 20 characters (Latin alphabet numbers, letters) and (or) a shadow code is indicated, or for identification purposes, it uses an identification means indicated in accordance with the Agreement of February 2, 2018 "On Marking of Goods with Identification Means in the Eurasian Economic Union", or an identification number in accordance with the goods accounting system of the e-commerce operator, or the serial (factory) number of the goods;
b) the information specified in subparagraph "a" of this paragraph, which allows for the identification of electronic commerce goods, shall be entered into the information system of the electronic commerce operator and, if provided for by the legislation of a member state of the Eurasian Economic Union, also in the documents in accordance with which these goods are delivered to the individual receiving them;
c) Identification of returned e-commerce goods is carried out by comparing the information specified in subparagraph "a" of this paragraph with the information entered in the information system of the e-commerce operator or, if provided for by the legislation of a member state of the Eurasian Economic Union, in the documents in accordance with which these goods were delivered to the individual receiving them.
2. This decision shall enter into force upon the expiration of 10 calendar days from the date of its official publication, but not earlier than the date of entry into force of the Protocol “On Amendments to the Agreement “On the Customs Code of the Eurasian Economic Union” of April 11, 2017”, signed on December 25, 2023.
PART VII. WORKING SECTOR
(This section of legal updates includes legal updates related to the labor sector for August 2025)
1. On Amendments to the Resolution of the Government of the Republic of Armenia No. 1676 of December 20, 2012 "On Personalized Accounting for Income Tax, Profit Tax and Social Payments"
Name of the legislative act:
"On Amendments to the Decision of the Government of the Republic of Armenia No. 1676 of December 20, 2012" RA Council of Ministers, 14.08.2025, No. 1102-N Decision https://www.arlis.am/hy/acts/210579
Change status:
This Decision entered into force on August 14, 2025.
Which legislative act was amended by the adoption of the above-mentioned act:
As a result of the adoption of the decision, a change was made to the Law of the Republic of Armenia " On Individualized Accounting of Income Tax, Profit Tax and Social Payments" In the decision N 1676-N of December 20, 2012.
What the changes are about:
This amendment concerns the improvement of the social security and tax administration system. In particular, paragraphs 14 and 15 of the relevant appendix to the RA Government Decision No. 1676-N of December 20, 2012 are redrafted with the aim of ensuring the full implementation of the Law on Personalized Accounting of Income Tax, Profit Tax and Social Payments.
If the old version of the system only provided for the provision of data on individual entrepreneurs and notaries and their inclusion in the registration, then the new version also includes employees . That is, the obligation to provide information applies not only to individuals engaged in independent activities, but also to all cases when temporary disability or maternity benefits are assigned or calculated for employees. The new version also establishes a clear deadline requirement: the service must transfer the data within 5 business days . This is important, as it ensures timely data entry and transparency of the system. In addition, the scope of information has been expanded: while the old edition mainly indicated the personal data of the beneficiary, the amount of the benefit, and tax information, the new edition added:
- temporary disability certificate identification number ,
- adjusted classification of data , distinguishing between amounts paid from employer funds and amounts paid from the state budget,
- A more detailed reflection of the employee's income and taxation .
Overall, these changes aim to ensure:
- complete and timely data entry,
- inclusion of all groups of beneficiaries in the system,
- clear separation of payments from the state budget and from employers,
- Simplification and clarification of data exchange between tax authorities and social security authorities.
Paragraphs 14 and 15 of Appendix No. 2 to Decision No. 1676-N of the Government of the Republic of Armenia of December 20, 2012 "On ensuring the implementation of the Law of the Republic of Armenia "On personalized accounting of income tax, profit tax and social payments" shall be amended as follows: