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Armenia

Tax rates

0102030405060World avg (corporate) 22.6%Capital Gains · Crypto · Wealth Tax — 0%Corporate 18%Income · VAT — 20%

Estimate your income tax

Enter a gross annual salary to estimate 2023 national income tax for Armenia using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.

The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.

Brackets, notes & in practice

Income Tax

Thresholds in AMD
ThresholdRate
AMD 020%
Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01

Armenia applies a flat 20% income tax rate, effective 1 January 2023; a reduced 10% rate applies to salaries in government-approved high-technology professional occupations.

Effective from 1 January 2023, Armenia calculates individual income tax using a flat rate of 20%. A reduced 10% rate applies to salaries in government-approved high-technology research and development occupations meeting specific criteria.

VAT

In practice

Filing

Armenia's turnover tax — available where income does not cross AMD 115 million in the prior year, alongside other ownership and activity-type conditions — generally replaces VAT obligations for small and medium enterprises. VAT payers otherwise file a unified VAT and excise tax return monthly, due before the 20th of the following month.

Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Exemptions

Exported goods and services are zero-rated, as are advertising, consulting, marketing, design, engineering, legal, accounting, audit and data-processing services supplied to a recipient outside Armenia. Most financial and education services are VAT-exempt.

Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30

Capital Gains Tax

Income from the sale of shares, treasury bonds, and other state securities is exempt from individual income tax in Armenia. Dividends and other income from stocks, bonds, or investment securities listed on the Armenian Stock Exchange are also exempt from tax until 31 December 2027, with some exceptions.

Crypto Tax

Armenia's tax code currently contains no crypto-asset-specific provisions and no general provisions for taxing capital gains realized by individuals; as a result, non-entrepreneur individuals are exempt from taxation on their crypto-asset gains. This mirrors the tax code's treatment of securities, which are also excluded from the personal income tax base.

Wealth Tax

No net wealth/worth tax levied in Armenia. Corroborated by EY's Worldwide Personal Tax and Immigration Guide 2025-26, which states there is no gift tax, inheritance tax, or wealth tax in Armenia.