Investment Legislation

Having the objective of effective implementation of investment policy, the Republic of Armenia has announced and is carrying the policy of “Open Doors”. The main legal acts regulating the investment sector in Armenia are the 1994 RA law “On Foreign Investments”, as well as other provisions of legal acts regulating the economic sphere and related to the investments.

 

According to the above mentioned law, in the event of amendments to the foreign investment legislation of the Republic of Armenia, the legislation that was effective at the moment of implementation of investments shall be applied, upon the request of a foreign investor, during a five years period from that moment. Currently several other amendments are planned, the purpose of which is the equitable, stable and predictable development of investment and business environment, both for local and foreign investors.

 

Main laws, regulating investments and business in Armenia are as follows:

 

The RA laws and legal acts in their most recent updates are always available on  www.parlament.am web-site.