Many companies are confident that they know the true cost of their products or services. They calculate raw materials, employee salaries, and delivery expenses, then add the desired profit margin to determine the selling price. However, at the end of...
read more
Over time, many companies begin operating in several business directions simultaneously. A trading company may sell both wholesale and retail, a service company may work with clients from different industries, while a manufacturer may have several pr...
read more
Your business has grown. Has your accounting system kept up? If reports are prepared at the last minute, the owner does not see the real financial picture, and risks are discovered too late, it may be time to review the accounting system. ...
read more
One of the most common and painful questions business owners ask themselves is this: “If the company is profitable, why is the bank balance not growing?” At first glance, everything seems simple. If sales are growing, expenses are under c...
read more
Many companies in Armenia work with employees, employment contracts, payroll calculations, staff registrations, and HR documentation. At the same time, many businesses also work with another group of people: contractors, service providers, or parties...
read more
In Armenia, businesses often assume that the main tax risks come from VAT, turnover, imports, or large transactions. In practice, however, the tax authority’s attention can also be drawn to a much more ordinary topic: payroll. Payroll may seem...
read more
Imagine a company that has been operating under Armenia’s turnover tax regime for several years. The director believes that the tax model has been selected correctly. The accountant files the required returns on time, there are no unusual movem...
read more
It Usually Starts with Something “Temporary” In many businesses, this story begins very innocently. The company director urgently needs to make a payment. The corporate card is not available at that moment. Or money gets...
read more
Many business owners still perceive tax audits as something random or based purely on luck. One company gets audited, another operates quietly for years. One business receives requests from the tax authorities, while another never seems to attra...
read more
Many entrepreneurs still view a bank account simply as a tool for moving money. Funds come in, payments go out, transfers are completed - and that seems to be the end of the story. But under modern tax control systems, a bank account is...
read more
Many entrepreneurs have a misconception about tax audits. They believe that at some point a company simply “gets unlucky,” the system randomly selects it, an inspector becomes interested, and the business receives an aud...
read more
Opening a business in Armenia remotely sounds simple and attractive - especially for foreign founders. The registration process is fast, the tax system is relatively clear, and the country remains a convenient hub for working with intern...
read more
