LEGAL UPDATE
May 2026
PART I. TAX SECTOR
1. On making additions and amendments to the Tax Code of the Republic of Armenia.
2. On Amendments and Supplements to the Decision of the Government of the Republic of Armenia No. 1676 of December 20, 2012.
PART II: HEALTH SECTOR
1. On making additions and amendments to the Resolution of the Government of the Republic of Armenia No. 1976 of December 3, 2020.
2. On Amendments and Supplements to the Law on Universal Health Insurance:
3. On making amendments to the Code of the Republic of Armenia on Administrative Offenses.
4. On making amendments and additions to the Resolution of the Government of the Republic of Armenia No. 171 of
February 13, 2020.
PART III: CORPORATE SECTOR
1.On Amendments and Supplements to the Law on Joint Stock Companies.
2. On Amendments to the Law on Public and Individual Notification via the Internet.
3. On Amendments to the Law on Banks and Banking Activities.
4. On establishing the procedure for posting individual and public notices, informing the
person about posting the notice, logging into the personal page and official e-mail of the
electronic management system for submitting tax reports of the tax authority as defined by
the Tax Code of the Republic of Armenia and confirming reading the notice, recording (logging)
information on performing any action with the notice, and maintaining logs.
PART IV. MIGRATION SECTOR
1. On Amendments to the Law on Foreigners.
PART V. HIGH TECHNOLOGY SECTOR
1. On Amendments and Supplements to the Law on State Support for the High-Tech Sector.
PART I. TAX SECTOR
(This section of legal updates includes legal news related to the tax sector for May 2026)
1. On making additions and amendments to the Tax Code of the Republic of Armenia
Name of the legislative act
of the Republic of Armenia No. HO-207-N of 06.05.2026 on Amendments and Supplements to the Tax Code of the Republic of Armenia
https://www.arlis.am/hy/acts/225782
Change status:
The amendment to the law entered into force on April 1, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Tax Code.
What are the changes about:
The amendments relate to the procedure for appointing and conducting thematic studies conducted by the tax authority, as well as the limitation of the authority to issue orders for these studies.
The draft stipulates that thematic studies conducted for the second or third time during each tax year may be assigned exclusively on the basis of an assignment issued by the head of the tax authority, and in such cases, the authority to issue an assignment may not be transferred to the head of the relevant structural subdivision. At the same time, it is envisaged that the third thematic study may be conducted during the same tax year in the event that the limitation period established for the presentation of tax liabilities based on the results of the chamber (internal) study conducted by the tax authority expires in the given year. In addition, the mandatory data to be included in the thematic study assignment are clarified, providing for a note to be made regarding the year of expiry of the relevant limitation period.
The aim of the amendments is to more clearly regulate the procedure for appointing double and multiple thematic studies, as well as to ensure the effective implementation of tax control within the limits of the statute of limitations.
In Part 7 of Article 343 of the Tax Code of the Republic of Armenia of October 4, 2016 (hereinafter referred to as the Code), after the words “head of the subdivision”, add the words “except for the cases specified in Part 3.1 of Article 349.1 of the Code”.
Article 343. Tax investigations
Old version.
7. By order of the head of the tax authority, the authority to issue an outbound tax audit assignment may be transferred to the head of the relevant structural subdivision. The order of the head of the tax authority on the transfer of the authority to issue an assignment specified in this part shall be posted on the official website of the tax authority.
New version.
7. By order of the head of the tax authority, the authority to issue an assignment for an outbound tax audit may be transferred to the head of the relevant structural subdivision, except for the cases specified in Part 3.1 of Article 349.1 of the Code. The order of the head of the tax authority on the transfer of the authority to issue an assignment referred to in this part shall be posted on the official website of the tax authority..
In Article 349.1 of the Code, part 3 shall be supplemented with the following subparagraph "e":
Article 349.1. Thematic study
3. Thematic studies are carried out on the basis of an instruction issued in accordance with Part 6 of Article 343 of the Code, which may be published no more than once per tax year. The instruction for the thematic study, in addition to the data specified in Part 6 of Article 343 of the Code, must also indicate:
e. In the case specified in Part 3.2 of this Article, the year of expiration of the limitation period established by the Code for the imposition of tax liabilities based on the results of the in-house (internal) investigation conducted by the tax authority regarding taxable transactions."
to supplement parts 3.1 and 3.2 with the following content:
3.1. During each tax year, a thematic study is carried out for the second or third time exclusively on the basis of an assignment given by the head of the tax authority.
3.2. A thematic review is conducted for the third time during each tax year if the statute of limitations for imposing tax liabilities based on the results of a cameral (internal) review conducted by the tax authority regarding taxable transactions expires in that tax year.
2. On Amendments and Supplements to the Decision of the Government of the Republic of Armenia No. 1676 of December 20, 2012.
Name of the legislative act
On Amendments and Supplements to the Decision of the Government of the Republic of Armenia No. 1676 of December 20, 2012 No. 696-N of May 21, 2026 https://arlis.am/hy/acts/225414
Change status:
The amendment to the law will enter into force on May 30, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Resolution of the Government of the Republic of Armenia No. 1676 of December 20, 2012.
What the changes are about:
Amendments to the Law are made to Appendix No. 1 to the RA Government Resolution No. 1676-N of December 20, 2012, revising the regulations of the personalized accounting system for income tax, profit tax and social security contributions. First of all, the new edition defines the main concepts of the system and their content, in particular, the definitions of employer, civil law contract, salary, employee, contract employee, citizen, self- employed person, working time regime and vacancy. At the same time, it is clarified that registration applications and personalized calculations are formed and submitted through the electronic systems of the tax authority. The draft completely rewrites the procedure for submitting personalized calculations. It defines which persons are obliged to submit personalized calculations, including tax agents, employees of employers exempted from tax agent duties and contract workers, individual entrepreneurs, notaries, self-employed persons and individuals obliged to submit an annual income tax return. The procedure for electronic submission, verification, acceptance or rejection of calculations, as well as the mechanism for the formation and provision of electronic receipts, is regulated. The draft defines in detail the scope of information to be included in personalized calculations. Employers will submit data on their employees, contract workers, paid salaries, contractual income, benefits, calculated income tax and social contributions, as well as, in some cases, vacant positions. Separate regulations are provided for the submission of information on foreign citizens, stateless persons and persons with data subject to limited use. The draft also stipulates that the employer is exempted from the obligation to submit a personalized calculation if during the reporting month he was not in employment or civil law relations with any person and did not make any payments. At the same time, it is clarified that employers in the process of liquidation continue to submit calculations in a general manner.
Separate regulations define what information must be included in the calculations submitted by employees and contract workers of employers exempted from tax agent duties, as well as the calculations of individual entrepreneurs, notaries, self-employed persons, and individuals submitting annual income tax returns. In addition, the draft maintains and clarifies the regulation according to which employers included in the sample observation program of the National Statistical Service also submit working hours, salaries, part-time work and other statistical data in registration applications and personalized calculations. In case of submitting such data, they are exempted from the obligation to submit the relevant statistical reports separately, and are liable for incomplete or unreliable submission of data in accordance with the procedure established by law.
Based on Articles 33 and 34 of the Law "On Regulatory Legal Acts", the Government of the Republic of Armenia hereby decides on the implementation of the Law of the Republic of Armenia "On Individualized Accounting of Income Tax, Profit Tax and Social Payments" No. 1676-N of December 20, 2012:
1) Chapter 1 of Appendix No. 1 shall be amended as follows:
CHAPTER 1. GENERAL PROVISIONS
1. This procedure regulates the registration application defined in point 9 of part 1 of Article 3 of the Law of the Republic of Armenia “On Personalized Accounting of Income Tax, Profit Tax and Social Payments” and the relations related to the formation of the personalized calculation and submission to the tax authority defined in point 8 of part 1 of Article 3 of the Law of the Republic of Armenia “On Personalized Accounting of Income Tax, Profit Tax and Social Payments”, as well as the composition of the information included in the registration application and the personalized calculation.
2. The terms used in this regulation have the following meanings:
1) employer - a legal entity registered in the State Register of the Republic of Armenia, an institution of a foreign legal entity, a branch or representative office of a foreign legal entity, an individual entrepreneur, institution, local government body, as well as a notary, who, on the basis of civil law contracts for the performance of work or the provision of services or in accordance with the procedure prescribed by law, actually uses the work (services) of citizens, paying them income;
2) civil law contract – a contract for the performance of works or the provision of services, as defined by the Civil Code of the Republic of Armenia;
3) salary: salary and other payments equivalent to it, contractual income.
4) hired employee in accordance with the Law of the Republic of Armenia "On Funded Pensions";
5) Contract employee: an individual entrepreneur or a citizen who is not a notary and performs work or provides services for an employer on the basis of a civil law contract.
6) Citizen: a citizen of the Republic of Armenia, a foreign citizen with the right of residence (residence status) in the Republic of Armenia, a stateless person with the right of residence (residence status) in the Republic of Armenia, a person with refugee status.
7) self-employed person - a person receiving income from any activity not prohibited by law (except for salary and income equivalent to it, entrepreneurial income and contractual income), including an employee, an individual entrepreneur and a natural person who is not a notary (including an agricultural producer receiving income from the sale of agricultural products, receiving income based on civil law contracts, engaged in the types of activities included in the list of Appendix No. 3 to the Tax Code of the Republic of Armenia), as well as an individual entrepreneur considered exclusively a micro-entrepreneurship entity as defined by the Tax Code of the Republic of Armenia.
8) working time regime - normal duration of working hours or part-time working hours as defined in Articles 139 and 141 of the Labor Code of the Republic of Armenia in accordance with the employment contract or individual legal act on employment;
9) vacancy in accordance with Article 4, Part 1, Point 7 of the Law of the Republic of Armenia "On Employment".
3. The registration application and personalized calculation are formed using the appropriate software for the personalized accounting system for income tax, profit tax and social security contributions. The software is available at https://file-online.taxservice.am, through the electronic reporting system and the unified system of electronic services for individuals.
4. In order to create a registration application and personalized calculation, the person submitting the registration application and personalized calculation logs into the system online using their username, PIN, and password.
Chapter 3 should be rewritten as follows:
CHAPTER 3. SUBMISSION OF A PERSONALIZED ACCOUNT, COMPOSITION OF INFORMATION INCLUDED IN A PERSONALIZED ACCOUNT
18. Within the period specified by the Tax Code of the Republic of Armenia, a personalized calculation shall be submitted by:
1) tax agent:
2) an employee in an employment relationship with an employer exempted from the duties of a tax agent;
3) a contract employee who has signed a civil law contract with an employer who is exempt from the duties of a tax agent;
4) individual entrepreneur, notary, self-employed person and natural person obliged to submit an annual income tax return (declaration).
19. If inaccuracies are detected in the completed data, the system notifies the person submitting the calculation.
20. In the absence of inaccuracies in the personalized calculation, based on the "register" instruction of the person submitting the personalized calculation, the system automatically generates a corresponding electronic document, on which the electronic signature of the tax authority is placed, giving the document a unique number.
21. The person submitting the personalized calculation places his/her electronic signature on the electronic document.
22. The system verifies the validity of the submitted document and the electronic signatures on it and accepts the personalized calculation or refuses to accept the personalized calculation.
23. The system refuses to accept the personalized calculation if the submitted document or the electronic signatures on it are not valid, notifying the person submitting the personalized calculation of the reasons for the refusal.
24. If the submitted document or the electronic signatures on it are valid, the system will automatically:
1) registers the submitted document by assigning it a document registration number with the tax authority;
2) notifies the person submitting the personalized calculation of the acceptance of the personalized calculation.
25. The electronic notification is reflected in the corresponding section of the electronic reporting system.
26. The system should allow for immediate downloading and printing of the electronic receipt.
27. Electronic receipts include:
1) the personal identification number, name of the person submitting the personalized calculation (in the case of a natural person - first name, last name, public services number or reference number indicating that the person does not have a public services number).
2) type of calculation:
3) reporting period (month and year or year);
4) the day, month, year, and hour of submitting the personalized calculation.
5) the number for registering the personalized calculation with the tax authority.
28. The form of the electronic receipt is determined by the tax authority.
29. The personalized calculation submitted by the employer includes:
1) the reporting year and month;
2) Employer's TIN, name.
3) the name, surname, public services number (or reference number indicating the absence of a public services number) of the person who was in an employment or civil legal relationship with the employer during the reporting month, and the status of participation in the funded component (regardless of whether the employer calculated a salary for them, paid contractual income, or paid temporary disability benefits);
4) the name, surname, public services number (or the number of the certificate of lack of a public services number), and the status of participation in the funded component of the person who was not in employment or civil law relations with the employer during the reporting month, to whom the employer paid a salary, contractual income or allowance during the reporting month based on a court decision or on other grounds prescribed by the legislation of the Republic of Armenia;
5) the name, surname, public services number (or reference number of the absence of a public services number) of the employee participating in the funded component who is on leave for a child under 3 years old, the amount of social security payment calculated for him by the employer from the month following the day of going on care leave until the child turns 2 years old, but not later than the month of the end of the care leave (inclusive).
6) the salary calculated (paid) for the reporting month (including from state and community budgets), the amount of income tax (pension payment, hereinafter referred to as income tax) and social security payment calculated from it, the actual hours worked by employees, the number of vacancies available at the employer (except for state administrative institutions, community administrative institutions, the Central Bank of the Republic of Armenia, state non-commercial and community non-commercial organizations);
7) the amount of contractual income actually paid during the reporting month, the amount of income tax and social security contributions calculated from it, by contractual employees;
8) the amount of the benefit paid during the reporting month, payable from the employer's funds, the type of benefit, the beginning and end of the period of temporary incapacity for work, the amount of income tax calculated from the benefit, by employee.
9) summary information on passive income paid to individuals during the reporting month and income tax withheld from that income;
10) summary information on the income paid to foreign citizens and stateless persons who do not have the right to reside (residence status) in the Republic of Armenia, and on the income tax withheld from such income;
11) summary information on the income paid to the persons specified in point 6 of this procedure and the income tax withheld from such income.
30. The data specified in subparagraphs 3-8 of paragraph 29 of this procedure shall not be presented in a personal form if the person in employment or civil law relations with the employer is a foreign citizen who does not have the right of residence (residence status) in the Republic of Armenia, is a stateless person, or the information specified in paragraph 8 of this procedure (included in the registration application) concerning him or her is defined by the legislation of the Republic of Armenia as information subject to limited use.
31. If during the reporting period the employer, in accordance with the procedure established by the legislation of the Republic of Armenia, paid the temporary disability benefit incurred until September 1, 2025, based on the temporary disability certificate established by point 9 of Appendix 5 to the Resolution of the Government of the Republic of Armenia No. 1024-N of July 14, 2011 (the end of the temporary disability period is missing), then the employer shall fill in the date of submission of the temporary disability certificate each time as the end of the temporary disability period (without changing the start date of the temporary disability).
32. The employer is exempt from the obligation to submit a personalized calculation for the reporting month if, during the reporting month, he was not in an employment (civil law) relationship with any person and did not pay any salary, contractual income, benefits or passive income to any person (he was not a tax agent).
33. An employer in the process of liquidation shall submit a personalized calculation on a general basis.
34. The personalized calculation submitted by an employee who received a salary during the reporting month from an employer exempted from the duty of a tax agent includes:
1) the reporting year and month;
2) the day, month, year of commencement of employment;
3) the beginning of a civil law contract;
4) in case of termination of employment relations during the reporting month, the day, month, year of termination;
5) if the civil law contract has expired (the contract has been terminated, terminated) as of the date of submission of the calculation, the day, month, year of the expiration (termination, termination of the contract);
6) the name, surname, TIN of the hired employee (contract employee), public services number (or reference number for not having a public services number), series and number of the identification document, participation status in the funded component;
7) Employer's tax identification number, name.
8) the amount of salary paid by the employer for the reporting month, the amount of calculated income tax and social security contributions;
9) the amount of the benefit paid by the employer during the reporting month, the type of benefit, the beginning and end of the calendar period of temporary incapacity for work, the amount of income tax calculated from the benefit;
10) the amount of contractual income actually received from the employer during the reporting month, the amount of calculated income tax and social security contributions.
35. The employee shall include in a single calculation the separate calculations of the salary, benefits paid and contractual income calculated by each employer exempted from the duties of a tax agent, as well as the income tax and social security contributions calculated from them.
36. An employee in an employment relationship with an employer exempted from the duties of a tax agent is exempted from the obligation to submit a personalized calculation if, as a result of temporary incapacity for work, being on leave to care for a child under 3 years old, or being on unpaid leave, the employer has not calculated a salary or paid a benefit for the reporting month.
37. The personalized calculation submitted by an individual entrepreneur and a notary shall include:
1) the reporting year.
2) name, surname, public services number (or reference number for not having a public services number);
3) The VAT number.
4) The amount of profit tax calculated on the income, which is considered the object of taxation of profit tax, the tax base, and the amount of profit tax, as defined by the Tax Code of the Republic of Armenia, and is subject to taxation from entrepreneurial activity (notarial activity) .
5) the amount of voluntary pension contributions paid (if any);
6) the amount of expenses directly related to the income to be received from entrepreneurial activities (in the case of a notary, from notarial activities) and substantiated by documents;
7) the amount of income considered as the object of calculation of social payments and the calculated social payment.
38. The personalized calculation submitted by a self-employed person includes:
1) the reporting year.
2) name, surname, public services number (or reference number for not having a public services number);
3) The VAT number.
4) The amount of income tax calculated on the basis of the taxable income (except for income taxed through a tax agent) defined by the Tax Code of the Republic of Armenia.
5) The amount of calculated income tax on passive income, as defined by the Tax Code of the Republic of Armenia.
6) the amount of voluntary pension contributions paid (if any);
7) the amount of income considered as the object of calculation of social payments and the calculated social payment.
39. The personalized calculation submitted by an individual who is obligated to submit an annual income tax calculation (declaration) includes:
1) the reporting year.
2) name, surname, public services number (or reference number for not having a public services number);
3) The VAT number.
4) Personal income defined by the Tax Code of the Republic of Armenia, including deductible (non-taxable) income, with the exception of deductible (non-taxable) income defined by the legislation, which is not subject to declaration.
5) The amount of income tax calculated based on the taxable income base defined by the Tax Code of the Republic of Armenia.
6) social expenses incurred by him/her for himself/herself and his/her family members during the reporting year and substantiated by tax bills or invoices, as well as amounts subject to compensation not exceeding the maximum amounts of such expenses.
40. The data specified in point 8 of this Appendix and sub-point 6 of point 29 on the number of hours actually worked by employees, the sources of payment of calculated (paid) wages and other payments equivalent to them (from state and community budgets), working time regimes (normal duration, part-time work) and combined work are mandatory for employers included in the sample observation program of the National Statistical Service of the Republic of Armenia. In case of submitting the required data, the employers specified in this point are exempted from the obligation to submit to the National Statistical Service of the Republic of Armenia the monthly state statistical report “On the number and salaries of employees”, as well as the questionnaire for the annual sample survey “On the number and salaries of employees in commercial organizations”. In case the employers mentioned in this point do not include the specified data in the registration application and in the personalized calculation, they shall submit to the National Statistical Service of the Republic of Armenia, in accordance with the procedure established by the legislation of the Republic of Armenia, a monthly state statistical report "On the number and salaries of employees", as well as a questionnaire for the annual sample survey "On the number and salaries of employees in commercial organizations" .
41. Employers shall be held liable by the National Statistical Service of the Republic of Armenia for submitting the information specified in point 40 of this Appendix in violation of the established procedure (unreliable data, incomplete reflection thereof and other distortions) in accordance with Article 34 of the Law of the Republic of Armenia "On Official Statistics".
PART II: HEALTH SECTOR
(This section of legal updates includes legal news related to the healthcare sector for May 2026)
1. On making additions and amendments to the Resolution of the Government of the Republic of Armenia No. 1976 of December 3, 2020
Name of the legislative act:
On Amendments and Supplements to the Decision of the Government of the Republic of Armenia No. 1976 of December 3, 2020 No. 557-N of April 23, 2026 https://www.arlis.am/hy/acts/224300
Change status :
This Decision entered into force on May 1, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the RA Government Decision No. 1976 of December 3, 2020.
What the amendments concern:
The amendments concern the procedure for using electronic cash registers and the mandatory requirements for electronic receipts issued through them. The draft law stipulates that in the event of payment acceptance by organizations and individual entrepreneurs providing medical care and services connected to the electronic healthcare system using payment instruments based on payment technologies, the electronic receipt of the electronic cash register will be generated through the electronic healthcare system. At the same time, the mandatory requirements for electronic receipts are supplemented, stipulating that in the case of the provision of medical services, the receipt must include the personalized identification code generated by the electronic healthcare system for each service, and in the case of the sale of goods stamped with identification means, the number of identification means and the verification number generated by the algorithm approved by the tax authority.
Based on Articles 33 and 34 of the Law "On Regulatory Legal Acts", the Government of the Republic of Armenia hereby adopts the Resolution of the Government of the Republic of Armenia dated December 3, 2020 "On establishing the technical requirements for cash registers and network communication means, the procedure for registering and deregistering cash registers with the tax authority, the rules for using cash registers, the procedure for issuing electronic receipts from electronic cash registers, the technical requirements for electronic cash registers, the procedure for their registration, deregistration, the requirements for the mandatory requirements for electronic receipts provided through them, as well as the requirements for the website or electronic application (electronic trading platform), the rules for passenger transportation via electronic platforms, in the case of passenger transportation by organizations, individual entrepreneurs or individuals using passenger taxis, and repealing the Resolution of the Government of the Republic of Armenia dated October 5, 2017 N 1318-N" To make the following additions and amendments to Decision No. 1976-N (hereinafter referred to as the Decision):
1) Supplement Annex No. 4 to the Decision with the following paragraph 3:
ORDER
ELECTRONIC CONTROLLER FOR ELECTRONIC COUPON ISSUANCE OF A CASH MACHINE
3. In case of accepting payment through payment instruments based on payment technologies by organizations providing medical care and services and individual entrepreneurs connected to the electronic healthcare system, the electronic receipt of the electronic cash register is generated through the electronic healthcare system. 2) in subparagraph 17 of paragraph 2 of Appendix No. 7 of the decision, replace the punctuation mark ":" with the punctuation mark ".", and supplement the paragraph with subparagraphs 18-20 with the following content:
REQUIREMENTS FOR THE MANDATORY VALIDITY CONDITIONS OF ELECTRONIC COUPONS ISSUED THROUGH ELECTRONIC CONTROLLED PAYMENT MACHINES
18) in the case of the provision of medical care and maintenance services, the personalized identification code of the relevant medical service generated by the electronic health system for each service provided;
19) in the case of the sale of goods stamped with identification, the number of means of identification (except for coupons with the entry "prepaid").
20) in the case of sales of goods stamped with identification means, a verification number generated by an algorithm approved by the tax authority based on the identification means (except for receipts with the entry "prepaid").
2. On Amendments and Supplements to the Law on Universal Health Insurance:
Name of the legislative act:
Law of the Republic of Armenia No. HO-135-N of 07.04.2026 on Amendments and Supplements to the Law "On Universal Health Insurance"
https://www.arlis.am/hy/acts/224386
Change status :
This Law shall enter into force on May 8, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Law on Universal Health Insurance.
What the amendments concern:
The amendments concern the procedure for reimbursement of medicines within the framework of the universal health insurance system, the scope of persons subject to universal health insurance, the procedure for calculating and paying insurance premiums, as well as the rights and obligations of insured persons and providers of medical care and services. The draft clarifies that the list of reimbursed medicines and the calculations of the reimbursement price and maximum reimbursement amount will not include those medicines whose reimbursement price exceeds twice the established maximum reimbursement amount. At the same time, the scope of persons subject to universal health insurance is expanded, including asylum seekers and refugees granted asylum in the Republic of Armenia in accordance with the procedure established by law, within the framework of certain population groups. The amendments also revise the descriptions of individual population groups, including children under one year of age, persons left without parental care, as well as regulations on individuals receiving rent, interest, dividends and royalties, establishing a minimum annual income threshold.
The draft also amends the regulations for the payment of insurance premiums, clarifying the payment deadlines, the obligations of employers and tax agents, as well as providing for the possibility of refunding insurance premiums paid in excess or by mistake. In addition, it is stipulated that in certain cases, in the event of non-payment of insurance premiums for three consecutive months, the Fund may apply to court with a request to collect liabilities. At the same time, the rights and obligations of persons using the minimum volume of medical care and services or additional services are supplemented and clarified, as well as the obligations of medical care and service providers who have signed a contract with the Fund regarding ensuring equal opportunities for the provision of services, providing information, entering data, maintaining confidentiality, submitting reports, and refunding unforeseen payments.
The second sentence of Part 4 of Article 10 of the Law HO-459-N of December 17, 2025 "On Universal Health Insurance" (hereinafter referred to as the Law) shall be amended as follows:
Article 10. Expenses of medicines subject to full or partial reimbursement in the insurance package
Old version.
4. The difference exceeding the established maximum reimbursement amount, which does not exceed fifty percent of the established maximum reimbursement amount, shall be paid as a co- payment by the insured person at the expense of his own or other funds. A drug with a reimbursement price exceeding twice the established maximum reimbursement amount shall not be subject to inclusion in the list of reimbursed drugs for calculation.
New version.
4. The difference exceeding the established maximum reimbursement amount, which does not exceed fifty percent of the established maximum reimbursement amount, shall be paid as a co-payment by the insured person at the expense of his own or other funds. A drug with a reimbursement price exceeding twice the established maximum reimbursement amount shall not be included in the list of reimbursed drugs and in the calculations of the reimbursement price and the maximum reimbursement amount.
In Article 11 of the Law, paragraph 2 of part 1 shall be amended to read as follows:
Article 11. Persons subject to universal health insurance
1. The following are subject to universal health insurance:
Old version.
2) Foreigners who have the right to reside in the Republic of Armenia (with a residence status provided for by law) and who are included in the population groups defined in paragraphs 11, 12, 14 and 15 of part 2 of this Article. This paragraph does not apply to refugees and asylum seekers, their family members.
New version.
2) Foreigners who have the right to reside in the Republic of Armenia (residence status provided for by law) and who are included in the population groups defined in paragraphs 11, 12, 14 and 15 of part 2 of this article. This paragraph also applies to asylum seekers and refugees who have been granted asylum in the Republic of Armenia in accordance with the procedure established by law, who are included in the population groups defined in paragraphs 11, 12, 14 and 15 of part 2 of this article. In other cases, asylum seekers and refugees who have been granted or not granted asylum in the Republic of Armenia shall benefit from additional medical care and maintenance services in accordance with the requirements of this law and the Law "On Refugees and Asylum".
2) Paragraph 1 of Part 2 shall be amended as follows:
2. The requirement to have universal health insurance applies to the following groups of the population:
Old version.
1) Citizens, residents of the Republic of Armenia and children under the age of 18, persons aged 18-23 who are children left without parental care, persons under the age of 26 who are studying in full-time (stationary) education who are children left without parental care.
New version.
1) Children of citizens of the Republic of Armenia up to one year old, citizens of the Republic of Armenia, residents, children from one to 18 years old, citizens of the Republic of Armenia, residents, children left without parental care aged 18-23, citizens of the Republic of Armenia, residents, children left without parental care aged up to 26 years old studying in full-time education.
Paragraph 13 should be amended to read as follows:
Old version.
13) Citizen and resident of the Republic of Armenia: individuals receiving rental payments, interest, dividends, royalties, individuals performing work or providing services within the framework of civil law contracts, as well as employees whose salary is calculated by persons who are not tax agents.
New version.
13) Citizens and residents of the Republic of Armenia - individuals receiving rent, interest, dividends, royalties, if the total amount of rent, interest, dividends, royalties annually amounts to 2,400,000 drams or more of the Republic of Armenia (hereinafter referred to as citizens and residents of the Republic of Armenia - individuals receiving rent, interest, dividends, royalties), individuals performing work or providing services within the framework of civil law contracts, employees whose salary is calculated by persons who are not tax agents.
13-րդ կետը շարադրել հետեւյալ խմբագրությամբ.
Հին տարբերակ
13) Հայաստանի Հանրապետության քաղաքացի եւ ռեզիդենտ` վարձակալական վճար, տոկոս, շահաբաժին, ռոյալթի ստացող ֆիզիկական անձինք, քաղաքացիաիրավական պայմանագրերի շրջանակում աշխատանքներ կատարող կամ ծառայություններ մատուցող ֆիզիկական անձինք, ինչպես նաեւ վարձու աշխատողներ, որոնց աշխատավարձը հաշվարկվում է հարկային գործակալ չհանդիսացող անձանց կողմից.
Նոր տարբերակ
13) Հայաստանի Հանրապետության քաղաքացի եւ ռեզիդենտ` վարձակալական վճար, տոկոս, անձինք, քաղաքացիաիրավական պայմանագրերի շրջանակում աշխատանքներ կատարող կամ ծառայություններ մատուցող ֆիզիկական անձինք, ինչպես նաեւ վարձու աշխատողներ, որոնց աշխատավարձը հաշվարկվում է հարկային գործակալ չհանդիսացող անձանց կողմից. շահաբաժին, ռոյալթի ստացող ֆիզիկական անձինք, եթե վարձակալական վճարի, տոկոսի, շահաբաժնի, ռոյալթիի հանրագումարը տարեկան կազմում է 2 400 000 Հայաստանի Հանրապետության դրամ եւ ավելի (այսուհետ՝ Հայաստանի Հանրապետության քաղաքացի եւ ռեզիդենտ` վարձակալական վճար, տոկոս, շահաբաժին, ռոյալթի ստացող ֆիզիկական անձինք), քաղաքացիաիրավական պայմանագրերի շրջանակում աշխատանքներ կատարող կամ ծառայություններ մատուցող ֆիզիկական անձինք, վարձու աշխատողները, որոնց աշխատավարձը հաշվարկվում է հարկային գործակալ չհանդիսացող անձանց կողմից.
In Article 14 of the Law, Part 3 shall be amended as follows:
Article 14. The basis for calculating universal health insurance premiums, the reporting period, the amount and terms of payment of the insurance premium
Old version.
3. One hundred percent of the monthly insurance premium is payable for persons included in the population group defined in the Register by point 11 of part 2 of Article 11 of this Law.
New version.
3. For persons included in the population group defined in Article 11, Part 2, Clause 11 of this Law, one hundred percent of the monthly insurance premium is payable, which is paid by the tax agent or employees of employers exempted from the duty of tax agent, by transferring the insurance premium to the state budget of the Republic of Armenia by the 20th of each month following the month of obtaining the status of insurance premium payer.
Part 9 should be amended as follows:
Old version.
9. Collective agreements concluded in accordance with the procedure provided for by the Labor Code of the Republic of Armenia may establish full or partial payment of insurance premiums payable by employers for employees, as well as their affiliated persons;
New version.
9. In accordance with the labor legislation of the Republic of Armenia, employers may make full or partial payment of insurance premiums payable for employees, as well as their affiliated persons.
To be supplemented with the following content in Part 12:
12. In the event that insurance premiums are paid in excess of the insurance premiums calculated by independent payers or tax agents, or in the absence of an obligation for insurance premiums, payments made in error are subject to refund in accordance with the procedure established by the Government.
Article 15 of the Law shall be supplemented with the following content, Part 11.1:
Article 15. Obligations of payers of universal health insurance premiums to calculate, record and transfer (collect) insurance premiums
11.1. With the exception of those who pay insurance premiums independently as provided for in Part 11 of this Article, in the event of non-payment of insurance premiums for three consecutive months or termination of the status of an insured person, in the event of obligations related to insurance premiums, the Fund shall, within one month after being notified thereof, apply to court with claims to seize funds for non-fulfillment of obligations.
Article 18 of the Law shall be supplemented with parts 5-7 with the following content:
Article 18. Rights and obligations of insured persons
5. Persons receiving the minimum amount of medical care and services or additional services have the right to:
1) To benefit from the minimum amount of medical care and services or additional services in accordance with the legislation of the Republic of Armenia;
2) receive the minimum volume of medical care and services or additional services from any medical care and service provider or pharmacy that has signed a relevant contract with the Fund. The presence of a signed contract is not mandatory in cases of provision of emergency and urgent medical care and services, and primary health care services, except for cases established by the Authorized Body, are provided only by the medical care and service provider providing primary health care services, with whose primary health care doctor the insured person is registered in accordance with the procedure established by the legislation of the Republic of Armenia.
3) To inform the Fund in case of refusal or improper provision of the minimum amount of medical care and services or additional services in accordance with the legislation of the Republic of Armenia;
4) to file a complaint against the Fund in accordance with the procedure prescribed by this law;
5) receive comprehensive information on the minimum volume of medical care and services or the procedure and conditions for the provision of additional services both from the Fund and from the provider of medical care and services or from the pharmacy that has signed a relevant contract with the Fund.
6. Persons receiving the minimum volume of medical care and services or additional services, as patients, are obliged to ensure the obligations set forth in Article 26 of the Law "On Medical Care and Services to the Population".
7. Persons receiving the minimum volume of medical care and services or additional services have other rights and obligations in accordance with the legislation of the Republic of Armenia, as well as the contracts provided for by this Law. In Article 20 of the Law, Part 2 shall be amended as follows: Article 20. Rights and obligations of providers of medical care and services who have signed a contract with the Fund
2. Providers of medical care and services that have signed a contract with the Fund are obliged to:
1) In accordance with the legislation of the Republic of Armenia, provide the insured person with medical care and service services stipulated by the contract and included in the insurance package, and to persons receiving the minimum volume of medical care and service or additional services, provide medical care and service services in accordance with the legislation and the contract.
2) when an insured event occurs, guarantee equal opportunities for all insured persons to receive medical services included in the insurance package, including by ensuring the conditions for scheduling appointments;
3) to guarantee equal opportunities for the provision of medical care and services to persons receiving a minimum volume of medical care and services or additional services, including by ensuring the conditions for scheduling appointments;
4) upon request of the insured person or a person receiving the minimum volume of medical care and services or additional services, provide him with complete and reliable information on the procedure and conditions for receiving medical care and services included in the insurance package or the minimum volume of medical care and services or additional services, respectively;
5) ensure that the provided insurance package, minimum volume of medical care and services or additional services comply with the requirements established by the legislation of the Republic of Armenia;
6) to maintain the information considered confidential by law that has become known to them in the processes of providing universal health insurance, medical care and minimum service or additional services, except for cases provided for by law;
7) compensate for damage caused to the life or health of the insured person through their fault;
8) ensure the availability of the insurance package, the minimum volume of medical care and services, or the technical and professional qualification requirements necessary to provide additional services;
9) Immediately notify the Fund in writing of any initiation of liquidation or bankruptcy proceedings during the term of the contract concluded with the Fund.
10) Ensure the entry of reliable data on the provision of the insurance package into healthcare databases and the Register provided for by this law, in accordance with the procedure established by the legislation of the Republic of Armenia.
11) submit to the Fund, in accordance with the procedure established by the Board of Trustees, reports on the provision of insurance packages, medical care and the minimum volume of services or additional services;
12) In the event of contracts concluded in favor of an insured person or a person receiving a minimum volume of medical care and services or additional services, in accordance with this law, in the event of charges not provided for by legislation from a person entitled to them, refund the payments in accordance with the procedure established by the Government;
13) to carry out other obligations stipulated by the legislation of the Republic of Armenia and contracts concluded in favor of the insured or a person receiving the minimum volume of medical care and services or additional services.
3. On making amendments to the Code of the Republic of Armenia on Administrative Offenses
Name of the legislative act:
Law of the Republic of Armenia No. HO-137-N of 07.04.2026 on Amendments to the Code of the Republic of Armenia on Administrative Offenses
https://www.arlis.am/hy/acts/224392
Change status:
This Law entered into force on May 8, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Code of the Republic of Armenia on Administrative Offenses..
What the amendments concern:
The amendments concern the establishment of administrative liability for charging citizens fees not provided for by law or refusing to provide services within the framework of the minimum volume of medical care and services or additional services. The draft amends the Code of the Republic of Armenia on Administrative Offenses with a new article, which stipulates that charging fees not provided for by law or refusing to provide services by legal entities and individual entrepreneurs providing medical care and services, in the presence of a relevant contract, will result in the application of an administrative fine. At the same time, it is stipulated that in case of committing the same act again within a year, more severe liability will be applied, in the amount of double the previous fine.
The Code of the Republic of Armenia on Administrative Offenses of December 6, 1985 (hereinafter referred to as the Code) shall be supplemented with the following content: Article 47.37:
Article 47.37. Charging fees not provided for by law for the minimum volume of medical care and services or for additional services or refusing to provide such services
1. In the event of a contract concluded in accordance with the procedure prescribed by law by legal entities and individual entrepreneurs providing medical care and services, charging fees not provided for by law for the minimum volume of medical care and services or for additional services, or refusing to provide such services, shall entail the imposition of a fine for each case in the amount of one hundred to one hundred and fifty times the established minimum wage.
2. The repeated commission of the act provided for in this Article within one year after the imposition of administrative sanctions shall result in the imposition of a fine in the amount of double the fine imposed for the previous case.
4. On making amendments and additions to the Resolution of the Government of the Republic of Armenia No. 171 of February 13, 2020
Name of the legislative act:
On making amendments and additions to the Decision of the Government of the Republic of Armenia No. 171 of February 13, 2020 Government of the Republic of Armenia, Decision No. 701-N of 21.05.2026
https://www.irtek.am/views/act.aspx?aid=160576
Change status :
This Law shall enter into force on May 31, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Resolution of the Government of the Republic of Armenia No. 171 of February 13, 2020.
What the amendments concern:
The draft amends point 5 of the relevant decision of the Government of the Republic of Armenia, revising the regulatory framework applicable to certain goods imported into the territory of the Republic of Armenia from member states of the Eurasian Economic Union.
In particular, it is stipulated that the import into the Republic of Armenia of goods classified under certain codes of the Eurasian Economic Union's Customs Union, including raw materials of plant origin, chemicals, pharmaceutical products (medicines), as well as goods classified under commodity position 3913 and groups 93 and 97, will be carried out in accordance with special regulations established by the laws of the Republic of Armenia and government decisions.
The purpose of the amendment is to clarify the scope of products whose import is subject to special procedures, permits, restrictions or control mechanisms provided for by domestic legal acts, ensuring legal certainty and compliance with current regulations in import processes.
Based on Articles 33 and 34 of the Law of the Republic of Armenia "On Regulatory Legal Acts", the Government of the Republic of Armenia decides: Paragraph 5 of the decision should be worded as follows:
5. Eurasian Economic Union EMU 1211, 151530 9000, 1520 00 000 0, 2501, 2712 10, 2804 40 000 0, 281000, 2817 00 000 0, 2827 20 000 0, 2827 51 000 0, 2827 600000, 2833 21 000 0, 2833 27 000 0, 2847 00 000 0, 2904-2909, 2912-2942000000, 2106 90 930 0, 2106 90 980 The import of pharmaceutical products (medicines) classified under codes 3, 2106 90 980 8 and group 30, goods classified under commodity position 3913, groups 93 and 97 from the member states of the Eurasian Economic Union into the territory of the Republic of Armenia is regulated by the laws of the Republic of Armenia and the procedures established by the decisions of the Government of the Republic of Armenia.
PART III: CORPORATE SECTOR
(This section of legal news includes legal news related to the corporate sector for the month of May 2026)
1. On Amendments and Supplements to the Law on Joint Stock Companies
The name of the newly adopted legislative act:
Law of the Republic of Armenia No. HO-192-N of 11.05.2026 on Amendments and Supplements to the Law "On Joint Stock Companies"
Change status :
This law entered into force on May 15, 2026.
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 Joint Stock Companies".
What the amendments concern:
The amendments relate to the expansion of mechanisms for protecting the rights of minority (non-controlling) shareholders in joint-stock companies, clarification of the grounds for mandatory share buyback, definition of the concept of a controlling shareholder, and regulation of the share valuation process. The draft significantly expands the cases when a shareholder may demand that the company repurchase its shares, in particular, if the decisions, actions, or inaction of the company or the controlling shareholder have obvious adverse consequences for the non- controlling shareholder, if annual general meetings have not been convened for a long time, annual reports have not been approved, dividends have not been distributed or paid, as well as in other cases when the court may record an abuse of rights.
At the same time, the concept of "controlling shareholder" is defined as a shareholder who alone owns at least 50 percent of the company's voting shares and the votes granted by them or can otherwise predetermine the company's decisions. The same status can also be attributed to two or more shareholders who act in concert and control the company's decision-making to the detriment of the interests of minority shareholders. In addition, it is stipulated that in cases provided for by law, the market value of shares or other securities may be assessed only by appraisers who meet the criteria to be established by the Government. At the same time, it is stipulated that the new regulations are also applicable to companies established before the law enters into force and their controlling shareholders, and the Government is obliged to adopt a decision within the specified period defining the criteria to be presented to securities appraisers..
Article 57 of the Law HO-232 of September 25, 2001 "On Joint Stock Companies" (hereinafter referred to as the Law) Rewrite Part 1 as follows:
Article 57. Repurchase of the Company's shares at the request of shareholders.
Old version.
1. Owners of voting shares have the right to demand from the Company the determination of the share repurchase price and the repurchase of their shares or a part thereof, if:
a) a decision has been made to reorganize the Company, suspend the preemptive right or conclude a major transaction in accordance with paragraph 1 of Article 61 of this Law, and the specified shareholders have voted against the reorganization of the Company, suspension of the preemptive right or conclusion of the specified major transaction, or have not participated in the voting on these issues; b) amendments or additions have been made to the charter, or the charter has been approved in a new edition, as a result of which the rights of the mentioned shareholders have been limited, and they voted against or did not participate in the vote.
New version.
1. Owners of voting shares have the right to demand from the Company the determination of the share repurchase price and the repurchase of the shares owned by them or a part thereof, if:
1) a decision has been made to reorganize the Company, suspend the preemptive right or conclude a major transaction in accordance with Part 1 of Article 61 of this Law, and the specified shareholders have voted against the reorganization of the Company, suspend the preemptive right or conclude the specified major transaction or have not participated in the voting on these issues;
2) amendments or additions have been made to the charter, or the charter has been approved in a new edition, as a result of which the rights of the mentioned shareholders have been limited, and they voted against or did not participate in the vote;
3) The decision, action or inaction of the Company or a controlling shareholder causes obvious adverse consequences for a non-controlling shareholder of the Company, including when a clearly disproportionate advantage is granted to the controlling shareholder of the Company to the detriment of non-controlling shareholders of the Company;
4) The Company has not convened an annual general meeting of shareholders for at least three years in the last five years of its operation or has not approved the Company's annual reports, balance sheets, profit and loss account, distribution of profits and losses, adopted a decision on the payment of annual dividends and approved the amount of annual dividends. Moreover, failure to notify a shareholder of the annual general meeting of shareholders is a basis for a shareholder not considered to be a controlling shareholder to exercise the right to repurchase a share owned by him by the Company, as defined in this paragraph.
5) The Company has not distributed or paid dividends to the non-controlling shareholder of the Company for at least five years out of the last 10 years of its operation, or the dividends distributed and paid are insignificant compared to the average annual return on the market value of the shares owned by the non-controlling shareholder, determined solely on the basis of the value of the Company's net assets, calculated according to the bank interest rate set by the Central Bank, unless otherwise provided for in the shareholders' agreement signed between the shareholders of the Company;
6) there are other grounds that may be considered by the court to be an abuse of rights by the Company or the controlling shareholder.
Fill in part 1.1 with the following content:
1.1. For the purposes of this Article, a shareholder shall be considered a controlling shareholder if he directly and solely owns 50 percent or more of the Company's voting shares and simultaneously the votes granted by them or has the ability to predetermine the Company's decisions in any manner not prohibited by law. Two or more shareholders of the Company, who together own 50 percent or more of the Company's voting shares and simultaneously the votes granted by them and act in concert against the interests of shareholders who are not considered controlling shareholders, shall also be considered a controlling shareholder for the purposes of this Article.
To supplement Part 5 of Article 59 of the Law with a new paragraph with the following content:
Article 59. Procedure for determining the market value of the company's property
5. If the need or possibility of assessing the market value of shares or other securities is provided for by law, only a person meeting the criteria established by the Government may carry out the assessment of shares or other securities.
Article 4. Final part and transitional provisions
1. This law shall enter into force one month after the date of its official publication, with the exception of Article 3 of this law, which shall enter into force on the day following the official publication of this law.
2. The regulations provided for by this Law shall also apply to companies established before the entry into force of this Law, to controlling shareholders within the meaning of Part 1.1 of Article 57 of the Law, as supplemented by Point 2 of Article 1 of this Law, and to the activities of such companies and shareholders.
3. The Government decision establishing the criteria to be presented to persons carrying out valuation of shares or other securities, as defined in Article 3 of this Law, shall be adopted within one month after Article 3 of this Law enters into force.
2. On Amendments to the Law on Public and Individual Notification via the Internet
Name of the legislative act :
Law of the Republic of Armenia of 16.04.2026, No. HO-149-N, on Amending the Law "On Public and Individual Notification via the Internet"
https://www.arlis.am/hy/acts/224797
Change status :
The amendment to this Law entered into force on May 18, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Law "On Public and Individual Notification via the Internet".
What the amendments concern:
The amendment concerns the clarification of the procedure for making public notices. The draft rewrites Article 3 of the Law "On Public and Individual Notice via the Internet", stipulating that in all cases provided for by law or other regulatory legal act, when a public notice is required, it must be posted on the relevant website. The goal of the amendment is to establish a unified and clear regulation for the implementation of public notices, ensuring their publication on the electronic platform and access to information for interested parties.
Article 3 of the Law HO-172-N of April 9, 2007 "On Public and Individual Notification via the Internet" shall be amended as follows:
Article 3. Public notice through the website
1. In cases prescribed by law or other regulatory legal act, when a public notice is provided for, the public notice must be posted on the website.
3. On Amendments to the Law on Banks and Banking Activities
Name of the legislative act:
Law of the Republic of Armenia No. HO-150-N of 16.04.2026 on Amendments to the Law on Banks and Banking Activities
Change status:
The amendment to this Law entered into force on May 18, 2026.
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Law on Banks and Banking Activities. in the law.
What the amendments concern:
The amendments concern the procedure for making public notices during the invalidation of a bank's license, bank liquidation, and liquidation proceedings. The draft replaces the requirement to make publications in the printed press or mass media with an electronic method of making publications, stipulating that the relevant information must be published on the Internet, on the bank's official (home) page, as well as on the official website of the Republic of Armenia for public notices, azdarar.am . In particular, the new regulation applies to decisions of the Central Bank Board on the invalidation of a bank's license, announcements on the liquidation of a bank and the submission of creditors' claims, as well as the publication of the interim liquidation balance sheet. The goal of the changes is to ensure more accessible, faster, and unified implementation of public notices by reducing the need for the use of printed media and moving the dissemination of information to electronic platforms.
In Part 2 of Article 32 of the Law HO-68 of June 30, 1996 "On Banks and Banking Activities", the words "in the mass media" shall be replaced with the words "on the Internet, on the bank's home page, as well as on the official website of the Republic of Armenia for public notices located at http://www.azdarar.am".
Article 32. Invalidation of a license and its legal consequences
Old version.
2. The decision of the Central Bank Board to declare the license invalid shall be immediately published in the mass media.
New version.
2. The decision of the Central Bank Board to declare the license invalid shall be immediately published on the Internet, on the bank's home page, as well as on the official website of the Republic of Armenia for public notices located at http://www.azdarar.am
In Part 3 of Article 74 of the Law, replace the word “in the press” with the words “on the Internet, on the bank’s home page, as well as on the official website of public notices of the Republic of Armenia located at http://www.azdarar.am”.
Article 74. Liquidation Committee
Old version.
3. Within three days after the establishment of the liquidation committee, the liquidation committee shall publish an announcement in the press and notify the Central Bank of the procedure and deadline for the liquidation of the bank and the submission of claims by creditors, which shall not be less than two months..
New version.
3. Within three days after the establishment of the liquidation committee, the liquidation committee shall publish an announcement on the Internet, on the bank's home page, as well as on the official website of the Republic of Armenia for public notices located at http://www.azdarar.am , and shall notify the Central Bank of the procedure and deadline for the liquidation of the bank and the submission of claims by creditors, which shall not be less than two months.
In Article 75 of the Law, part 3, the words “in the press with a circulation of at least 2,000” shall be replaced with the words “on the Internet, on the bank’s home page, as well as on the official website of public notices of the Republic of Armenia located at http://www.azdarar.am ”.
Article 75. Bank Liquidation Procedure: Measures Taken by the Liquidation Committee.
Old version.
3. The liquidation committee shall, within one week after the expiration of the period for submitting creditors' claims, compile, approve and publish in the press with a circulation of at least 2,000 copies the interim liquidation balance sheet, which shall contain information on:
New version.
3. The liquidation committee shall, within one week after the expiration of the period for submitting creditors' claims, prepare, approve and publish on the Internet, on the bank's home page, as well as on the official website of the Republic of Armenia for public notices at http://www.azdarar.am, the interim liquidation balance sheet, which shall contain information on:
4. On establishing the procedure for posting individual and public notices, informing the person about posting the notice, logging into the personal page and official e-mail of the electronic management system for submitting tax reports of the tax authority as defined by the Tax Code of the Republic of Armenia and confirming reading the notice, recording (logging) information on performing any action with the notice, and maintaining logs
Name of the legislative act:
Government of the Republic of Armenia 26.03.2026, N 389-N Decision on establishing the procedure for posting individual and public notices, informing the person about posting the notice, logging into the personal page and official e-mail of the electronic management system for submitting tax reports of the tax authority defined by the Tax Code of the Republic of Armenia and confirming reading the notice, recording (logging) information on performing any action with the notice and maintaining the log https://www.arlis.am/hy/acts/223200
The status of the new legislative act :
This Decision entered into force on May 1, 2026.
What the amendments concern:
From May 1, 2026, the Resolution of the Government of the Republic of Armenia No. 389-N of March 26, 2026, “On establishing the procedure for posting individual and public notices, informing the person about posting the notice, logging into the personal page and official e-mail of the electronic management system for submitting tax reports defined by the Tax Code of the Republic of Armenia and confirming reading the notice, recording (logging) information on performing any actions with the notice, and maintaining logs” came into force. The aforementioned decision approved a new unified procedure for implementing individual and public notifications, which regulates:
- the procedure for posting individual and public notices,
- Methods of informing persons about the posting of the notice,
ensuring access to notifications in digital environments for individuals and legal entities,
- The procedure for accessing the personal page of the electronic management system for submitting tax reports and receiving notifications via official e-mail, as defined by the Tax Code of the Republic of Armenia,
- mechanisms for electronic verification (logging) of notification reading, viewing, downloading and other actions performed with it,
- requirements for maintaining and archiving appropriate logs.
An important feature of the new regulation is that individual notifications addressed to legal entities and individual entrepreneurs by state and local self-government bodies are mainly carried out through the personal page of the tax authority's electronic management system for submitting reports, and notifications addressed to individuals are carried out through official e-mail and a unified digital platform.
At the same time, mechanisms have been established in accordance with international standards for receiving, reading notifications and electronic verification of actions taken on them. At the same time, the Resolution of the Government of the Republic of Armenia No. 174-N of February 17, 2011 “On the procedure for submitting a public notice via the Internet and transferring it to the person managing the website, setting the deadlines for posting public notices on the website and archiving information, and approving the electronic format of the announcement subject to public notice via the Internet” has been declared invalid.
Thus, since May 1, 2026, a digitalized and more complex system of individual and public notifications has been in place in the Republic of Armenia, which has replaced the previously existing legal regulation mainly dedicated to the regulation of public notifications .
1. GENERAL PROVISIONS
1. This procedure establishes the procedures for posting individual and public notices and informing the person thereof, accessing the place (digital environment) where the individual notice is posted, reading the notice, recording (logging) information on performing any action with the notice, and maintaining logs in cases provided for by the Law of the Republic of Armenia “On Public and Individual Notices via the Internet”.
2. POSTING A PERSONAL NOTICE, NOTIFYING THE PERSON ABOUT POSTING THE NOTICE
2. Individual notifications addressed to legal entities or individual entrepreneurs are posted on the personal page of the electronic management system for submitting tax reports, as defined by the Tax Code of the Republic of Armenia, and individual notifications addressed to individuals are posted on the person's official email.
3. A legal entity or individual entrepreneur shall be notified of the posting of the notice through the electronic management system for submitting reports of the tax authority, as defined by the Tax Code of the Republic of Armenia, also at the e-mail address provided by him to the State Register of Legal Entities Agency, and an individual shall be notified of the posting of the notice through the unified information access platform established by the legislation regulating the sphere of public information, in the digital environment created to ensure access to his personal data and documents, as well as notifications on public services, and at the additional e-mail address provided by him in the digital communication medium connected to the public services number in the State Register of Population, entered in accordance with the procedure established by the Law of the Republic of Armenia “On the State Register of Population”, and may also be notified by a message sent to the telephone number connected to the means of strong identification belonging to him. The notification sent to the e-mail or telephone number specified in this point shall contain a note that the person has an individual notification. The e-mail address provided to the State Register of Legal Entities Agency referred to in this paragraph shall be transferred to the tax authority within the framework of interoperability with the State Register of Legal Entities Agency via the data exchange layer. The receipt of the additional e-mail address provided by individuals referred to in this paragraph shall be ensured through the system serving the official e- mail of individuals.
4. State and local self-government bodies shall implement notifications addressed to individuals through the unified information access platform hartak.am (hereinafter referred to as the platform), defined by the legislation regulating the field of public information, which is a unified website or software application, and through which accessibility to notifications is ensured.
5. Those state and local self-government bodies that have their own electronic systems for generating notifications shall ensure their interoperability with the platform through a data exchange layer. Individual notifications addressed to individuals are generated in the system of the given body, after which they are transferred to the platform through interoperability.
6. In the absence of interoperability of systems, as well as in the case when the relevant state and local government bodies do not have their own electronic systems for generating notifications, notifications are generated by logging into the platform.
7. When delivering an individual notice addressed to a natural person, the person posting the notice shall be given an individual notice identification number.
8. If a document must be sent along with an individual notification addressed to a natural person, then in the case provided for in paragraph 5 of this procedure, it shall be sent via a unique link placed on a server controlled by the notifier, and in the case provided for in paragraph 6 of this procedure, the document shall be attached to the notification, and a unique link to that document shall be generated on the platform. Access to the files attached to the notification shall be ensured by strict identification of the natural person.
9. Technological solutions for the official e-mail of a natural person shall ensure, through the data exchange layer, the simultaneous placement of notifications sent in accordance with the procedure established by this Regulation in the digital environment created to provide the data subject with access to his/her personal data and documents, as well as notifications on public services through the platform, and in the digital communication medium interconnected with the public services number in the State Population Register entered by the person in accordance with the procedure established by the Law of the Republic of Armenia “On the State Population Register” by the data subject.
10. State and local self-government bodies shall post notifications addressed to legal entities and individual entrepreneurs on the personal page of the tax authority's electronic management system for submitting reports, as defined by the Tax Code of the Republic of Armenia.
11. State and local self-government bodies that have their own electronic systems for generating notifications shall ensure their interoperability with the electronic management system for submitting tax reports of the tax authority defined by the Tax Code of the Republic of Armenia through a data exchange layer. Individual notifications addressed to legal entities or individual entrepreneurs are generated in the system of the given body, after which they are transferred through interoperability to the electronic management system for submitting tax reports of the tax authority defined by the Tax Code of the Republic of Armenia, through which accessibility of the notifications is ensured.
12. In the absence of interoperability of systems, as well as in the case when the relevant state and local self- government bodies do not have their own electronic systems for generating notifications, notifications are generated by accessing the system intended for posting a notification in the electronic management system for submitting tax reports of the tax authority, as defined by the Tax Code of the Republic of Armenia.
13. If a document must be sent along with an individual notification addressed to a legal entity or individual entrepreneur, then in the case provided for in point 11 of this procedure, it shall be sent via a unique link placed on a server controlled by the notifier, and in the case provided for in point 12 of this procedure, the document shall be attached to the notification, and a unique link to that document shall be generated in the electronic management system for submitting reports of the tax authority defined by the Tax Code of the Republic of Armenia. Access to the files attached to the notification shall be ensured by strict identification of the legal entity or individual entrepreneur.
14. If the activities of a legal entity or individual entrepreneur have been suspended or the activities within the meaning of the Tax Code of the Republic of Armenia have been terminated, then the individual notification, in accordance with the procedure provided for in this Regulation for the notification of individuals, shall be sent, in the case of a legal entity, to the head of the executive body (in the case of collegiality, to all members of the executive body), and in the case of an individual entrepreneur, to the individual registered as an individual entrepreneur.
15. A legal entity or individual entrepreneur that has joined the data exchange layer established by the legislation regulating the field of public information may notify other legal entities and individuals and individual entrepreneurs in the manner prescribed by this Regulation.
PART IV. MIGRATION SECTOR
(This section of legal updates includes legal news related to the migration sector for May 2026)
1. On Amendments to the Law on Foreigners
Name of the legislative act:
Law of the Republic of Armenia No. HO-173-N of 16.04.2026 on Amendments to the Law "On Foreigners"
https://www.arlis.am/hy/acts/224793
Change status :
This Law shall enter into force on May 9, 2026..
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Law "On Foreigners".
What the amendments concern:
The amendments concern the establishment of a special procedure for crossing the state border of the Republic of Armenia by wanted foreigners. The draft law provides that the general documentary requirements for entering and exiting the Republic of Armenia established by the Law “On Foreigners” will not apply to wanted foreigners without a valid passport, entry visa or document certifying the right to reside. The entry or exit of such persons through the state border of the Republic of Armenia will be carried out on the basis of a letter provided to the Police of the Republic of Armenia by the competent body for extradition cases, to which the relevant document drawn up by the Police and including the photograph of the foreigner will be attached. The purpose of the amendment is to create a legal basis for ensuring the crossing of the state border in the processes of extradition and transfer of wanted foreigners in cases where the person does not have regular migration documents.
Article 6 of the Law HO-47-N of December 25, 2006 "On Foreigners" (hereinafter referred to as the Law) shall be supplemented with Part 8 with the following content:
Article 6. Entry into the Republic of Armenia
8. The provisions set forth in this Article shall not apply to the entry of a wanted foreigner without a valid passport, entry visa or residence permit through the state border crossing points of the Republic of Armenia. The said persons shall cross the state border of the Republic of Armenia with a letter issued by the competent authority for extradition to the Police of the Republic of Armenia, to which shall be attached a document drawn up by the Police of the Republic of Armenia and containing the photograph of the foreigner.
Article 12 of the Law shall be supplemented with a Part 5 with the following content:
Article 12. Exit from the Republic of Armenia
5. The provisions set forth in this Article shall not apply to the exit of a wanted foreigner without a valid passport, entry visa or residence permit through the state border crossing points of the Republic of Armenia. The said persons shall cross the state border of the Republic of Armenia with a letter issued by the competent authority for extradition to the Police of the Republic of Armenia, to which shall be attached a document drawn up by the Police of the Republic of Armenia and containing the photograph of the foreigner
PART V. HIGH TECHNOLOGY SECTOR
(This section of legal updates includes legal news related to the high-tech sector for the month of May 2026)
1. On Amendments and Supplements to the Law on State Support for the High-Tech Sector
Name of the legislative act :
Law of the Republic of Armenia of 07.05.2026, No. HO-221-N, on Amendments and Supplements to the Law "On State Support for the High Technology Sector" https://www.arlis.am/hy/acts/225840
Change status :
This Law shall enter into force on May 30, 2026..
Which legislative act was amended by the adoption of the above-mentioned act:
With the adoption of the above-mentioned act, a change was made to the Law "On State Support for the High-Tech Sector".
What the amendments concern:
The amendments concern the review of the conditions for providing state support in the high-tech sector, the scope of beneficiaries and support mechanisms. The draft excludes work performed under civil law contracts from the basis for calculating state support, clarifying that the concept of “employee” refers only to persons working on the basis of an employment contract or an individual legal act on employment. At the same time, the scope of entities entitled to apply for state support is expanded, including branches and representative offices of foreign legal entities registered in the Republic of Armenia.
The draft also revises the concept of "new employee", defining that a new employee is considered a hired employee performing professional work who has not been an employee of an employer operating in the high-tech sector during the four years preceding the year of employment and was hired in the sector after December 31, 2024. The amendments completely rewrite the system of providing state support, providing state support for the recruitment of new employees, the preparation and retraining of professional personnel, as well as for labor migrants. The amounts of support, the bases for their calculation, the terms of providing support, as well as the procedure for interaction between economic entities and the authorized body are defined. At the same time, the concept of retraining, the conditions for providing support, and the cases when special calculation rules for income tax are applied are clarified.
In addition, the requirements for entities applying for state support are being revised, an electronic procedure for submitting and considering applications is being established, as well as the procedure for making decisions on the provision or refusal of state support. It is planned that the new provisions of the law will apply to reporting periods starting from January 1, 2026, and an opportunity will be provided to receive state support for new employees who entered the sector after January 1, 2025, subject to compliance with the conditions established by law.
To remove the words “or remuneration for work under a civil law contract” from the entire text of the Law HO-498-N of December 4, 2024 “On State Support for the High Technology Sector” (hereinafter referred to as the Law).
Article 3, Part 1 of the Law Paragraph 4 should be amended as follows:
Old version.
4) an employee performing work in accordance
with an employment or civil law contract;
New version.
4) hired employee , performing work in accordance with an employment contract or individual legal act on employment
In point 5, after the words “or individual entrepreneur,” add the words “as well as a branch or representative office of a foreign legal entity registered in the Republic of Armenia.”
Old version.
5) high-tech sector organization or individual entrepreneur - a legal entity or individual entrepreneur resident in the Republic of Armenia, of which at least 90 percent of the sales turnover from all types of activities declared in the tax calculations for value added tax and (or) turnover tax during the reporting period for the provision of state support was formed from types of activities in the high-tech sector. The classifications of types of economic activities declared in the calculations (reports) specified in this point shall be taken as the basis for determining the types of activities in the high-tech sector.
New version.
5) high-tech organization or individual entrepreneur - a legal entity or individual entrepreneur resident in the Republic of Armenia, as well as a branch or representative office of a foreign legal entity registered in the Republic of Armenia, of which at least 90 percent of the sales turnover from all types of activities declared in the tax calculations for value added tax and (or) turnover tax during the reporting period for the provision of state support was formed from types of activities in the high-tech sector. The classifications of types of economic activities declared in the calculations (reports) specified in this point shall be taken as the basis for determining the types of activities in the high-tech sector.
Paragraph 10 should be amended as follows:
Old version.
10) new employee - a hired employee who has entered the high-tech sector for the first time and performs professional work;
New version.
10) new employee - a hired employee performing professional work who has not been an hired employee of an employer operating in the high-tech sector during the four years preceding the year of employment, and who was hired by an employer operating in the high-tech sector after December 31, 2024;
Article 5 of the Law shall be amended as follows:
Article 5. Implementation of state support for the high-tech sector
1. The types of activities in the high-tech sector subject to state support, according to the classifiers of economic activities, are defined by the Government.
2. State support for high-tech organizations or individual entrepreneurs (hereinafter also referred to as economic entities) or other entities shall be provided by this Law. Other areas of support may be established by the Tax Code of the Republic of Armenia and other legislative acts.
3. The authorized body, taking into account the priorities for the development of the high-tech sector, may develop and submit to the Government for approval other procedures for providing support.
4. State support is provided to economic entities engaged in activities defined by the classifiers of economic activities subject to state support established by the Government:
1) for attracting new employees. The state support defined in this paragraph is provided to the economic entity in the amount of 60 percent of the income tax calculated on the salary of the new employee and other payments equivalent to it. The status of a new employee is maintained from the 1st of the month of hiring a new employee for professional work within the meaning of this law, up to and including the last day of the month including the day of the third year of employment calculated in calendar days.
2) For the preparation and retraining of personnel performing professional work necessary for carrying out activities defined by the classifiers of economic activities subject to state support established by the Government (hereinafter referred to as retraining). The state support defined by this point is provided to an economic entity in the amount of 50 percent of the income tax amount calculated in the reporting period on the salary and other payments equivalent to it of a hired employee performing professional work who has undergone retraining.
5. A migrant worker employed by economic entities engaged in activities defined by the classifiers of economic activities subject to state support established by the Government shall be provided with state support in the amount of 60 percent of the income tax calculated on his/her salary and other payments equivalent to it. Moreover:
1) The application for state support to a labor migrant is submitted by the economic entity, and the state support amount is transferred to the economic entity as an intermediary for the purpose of transferring it to the labor migrant.
2) After receiving the state support amount, the economic entity transfers it to the migrant worker within five working days as a payment made by the authorized body for the migrant worker (for his benefit).
6. The risk of calculating and changing the salary and other payments equivalent to it, which serve as the basis for the provision of state support defined in this Article, as well as not transferring the amounts of state support to the labor migrant, shall be borne by the economic entity.
7. Training is the acquisition and continuous improvement of new professional knowledge by an employee, the procedure for examining and accepting the justifications for which is established by the authorized body.
8. When providing state support defined in Parts 4 and 5 of this Article, instead of the amount of income tax calculated in the reporting period on salary and other payments equivalent to it, the amount equivalent to 20 percent of the salary and other payments equivalent to it for the same period shall be used as the basis for calculating the amount of state support for employees benefiting from tax privileges under Part 1.1 of Article 150 of the Tax Code of the Republic of Armenia.
9. The state support defined in Parts 4 and 5 of this Article shall be provided to economic entities operating in the general taxation system and the turnover tax system for the period from January 1, 2025 to December 31, 2031. Moreover, economic entities operating in the turnover tax system, as well as their migrant workers, may continue to use state support after the expiration of the third calendar year following the calendar year in which they began using state support, if the given economic entity operates in the general taxation system.
10. The procedures for providing state support specified in Parts 4 and 5 of this Article shall be established by the Government.
Article 4. Article 6 of the Law shall be amended as follows:
Article 6. Requirements for entities applying for state support
1. The following entities may apply for state support:
1) Commercial organizations, subsidiaries, branches and representative offices of legal entities registered in the Republic of Armenia, including branches and representative offices of foreign legal entities registered in the Republic of Armenia;
2) Individual entrepreneurs registered in the Republic of Armenia.
2. The scope of activities of economic entities applying for state support, and in the case of an application for a labor migrant, the scope of activities of the economic entity employing them must comply with or include the activities defined in the classifiers of economic activities subject to state support established by the Government.
3. Entities meeting the requirements set forth in this Law receive state support on a voluntary basis, by applying through the platform.
4. The platform automatically approves or rejects the provision of state support.
5. In case of approval of the provision of state assistance, a contract is signed between the recipient of state assistance, and in the case of a labor migrant, the intermediary, and the authorized body, and in case of rejection, an administrative act on the rejection of the provision of state assistance is presented to the applicant through the platform in the form of a letter from the authorized body.
1. This Law shall enter into force on the day following its official publication and shall apply to reporting periods starting from January 1, 2026.
2. After the entry into force of this Law, an economic entity may apply for state support for a new employee who entered the high-tech sector after January 1, 2025, if the previous employer of the new employee, the economic entity, did not receive state support for its part.
3. Amendments to the by-laws arising from this law shall be made within two months after this law enters into force.