What changed in Armenia

Selling a crypto-asset itself is VAT-exempt, but exchange and custody service fees are not, and running a crypto business needs Central Bank licensing

Crypto tax and legal status

Mining, staking rewards and NFT sales are taxed at 1 percent, written into the Tax Code

Crypto tax and legal status

Trading crypto through a registered business moves you from 0% to 18% profit tax, and losses do not offset other income

Crypto tax and legal status

Ordinary personal crypto trading gains are taxed at 0% in Armenia

Crypto tax and legal status

Armenia allows dual citizenship outright, no renunciation of your Dutch passport required

Permanent residency and citizenship

Marriage to an Armenian citizen shortens the path to 2 years married plus 1 year of residence

Permanent residency and citizenship

General naturalization needs 3 years of lawful residence, temporary or permanent, plus a Constitution test in Armenian

Permanent residency and citizenship

No wealth tax, no general inheritance tax, and no general gift tax in Armenia

Leaving home: exit tax and ties

Opening an Armenian bank account does not legally require a residence permit, but expect real KYC in 2026

Local registrations

Armenia has no controlled foreign company regime, owning a foreign company from Armenia does not trigger attribution

Moving your company

Armenia not chasing you does not mean the Netherlands will not, an Armenian company actually run from a Dutch kitchen table is usually still a Dutch taxpayer

Moving your company

Armenia's own law decides corporate residency purely by place of registration, it has no domestic place-of-effective-management test

Moving your company

Armenia taxes all net profit at 18%, it has no Georgia-style Estonian model exempting reinvested profit

Moving your company

An Armenian LLC allows 100% foreign ownership, no local director, and can be formed remotely in 2 to 3 days

Moving your company

Outside probation, termination needs stated legal and factual grounds, but notice can be paid out instead of worked

Dismissal protection

Probation can run up to 3 months, or 6 in some cases, and either side can end it on 3 days notice

Employment law

Private health insurance in Armenia is affordable and the practical answer regardless of how the public reform lands

Healthcare coverage

A new Universal Health Insurance system launched January 2026, but whether it covers foreign residents is genuinely unclear

Healthcare coverage

Self-employed funded pension contributions run 5 to 10 percent of annual income, with a separate health contribution above AMD 2.4 million

Pension

The funded pension deduction is mandatory only if you were born on or after 1 January 1974

Pension

Two brand-new payroll deductions landed in December 2025, on top of the funded pension

Social security

No social security agreement exists between Armenia and the Netherlands, Dutch coverage continuity is entirely a Dutch-side question

Social security

There is no employer-paid social tax in Armenia at all, a genuine zero, not a low rate

Social security

An Armenian company paying a non-resident for services generally withholds 20% at source

Personal income tax

Dividends from Armenian companies are withheld at a flat 5%

Personal income tax

If you do not qualify for a special regime, you land on 20% income tax as an entrepreneur or 18% plus dividend tax as a company

Personal income tax

Armenia's famous 0% IT certificate tax break expired at the end of 2022, and sat dormant for about two years

Personal income tax

A new high-tech support law runs 2025 to 2031, replacing the old IT certificate scheme with wage-cost reimbursement

Personal income tax

Micro-business status is a genuine 0% regime under AMD 24 million turnover, for the activities it still covers

Personal income tax

Since July 2025, consulting, legal, accounting and similar professional services are locked out of the cheap tax regimes

Personal income tax

The turnover tax regime covers turnover up to about AMD 115 million a year, at rates that rose sharply in 2025

Personal income tax

The Netherlands-Armenia tax treaty is a fresh 2001 convention, not a leftover from the USSR-Netherlands treaty

Personal income tax

Personal income tax is a flat 20%, down from the 21 to 23% some older sources still quote

Personal income tax

Becoming an Armenian tax resident does not automatically end your Dutch tax residence

Tax residency

Armenia is not Georgia, tax residents are taxed on worldwide income with a credit, not an exemption

Tax residency

Your centre of vital interests can make you an Armenian tax resident even under 183 days

Tax residency

183 days or more makes you an Armenian tax resident for the whole tax year, and that pulls in worldwide income

Tax residency

Under 183 days with no ties in Armenia keeps you a non-resident for Armenian tax

Tax residency

There is no dedicated nomad visa, registering as an Individual Entrepreneur is the practical substitute

Residency routes

From November 2026, a 183-day absence from Armenia must be reported within 10 days

Residency routes

Permanent residence runs 5 years, but from November 2026 you can no longer jump straight to it

Residency routes

The 1-year temporary residence card covers work, business, family, education and descent grounds

Residency routes

From 1 November 2026, several standing work-permit exemptions disappear and fees rise

Right to work

Working for an Armenian employer needs a work permit processed through workpermit.am

Right to work

Working remotely for a foreign employer generally does not require an Armenian work permit

Right to work

Past 180 days you are overstaying, and the fine is set by statute

Immigration and visa

Visa-free entry to Armenia for up to 180 days per year, confirmed directly on the MFA site

Immigration and visa