LLC is the most suitable option for small and medium-sized businesses. It is an enterprise created by one or several persons with capital divided into ownership shares.
LLC members are not liable for its obligations, but bear the risk of losses associated with the company's activities within the limits of their contributions.
Founders share profits in accordance with their investment shares. LLC and its founders are taxed separately. To register an LLC in Armenia, a minimum of one director and one founder of any residency is required. The minimum paid-up capital is 1 euro