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Armenia Tax Information

20% VAT

VAT is 20% standard. Registration mandatory for all businesses. Source: State Revenue Committee Armenia.

Freelancer Services to Invoice

  • Hourly consulting
  • Project-based work
  • Retainer agreements
  • Milestone billing
  • Rush/priority fees

Invoice Requirements in Armenia

TIN (taxpayer number)
VAT number
Client details
Invoice number
VAT breakdown
Total in AMD

Payment Terms

Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.

Կանխիկ15 օր30 օրՎճարման ժամկետ

Payment Methods in Armenia

Bank TransferCredit CardCashIdramTelcell

Freelancer Invoice Tips

  • Always use a unique invoice number
  • Clearly state payment terms upfront
  • Include detailed breakdown of work
  • Add late payment fees
  • Keep copies for tax purposes

Frequently Asked Questions

What tax rate applies to freelancer invoices in Armenia?

Armenia has 20% VAT. VAT is 20% standard. Registration mandatory for all businesses. Source: State Revenue Committee Armenia.

What payment methods are common for freelancers in Armenia?

Common payment methods in Armenia include: Bank Transfer, Credit Card, Cash, Idram, Telcell. Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.

What should freelancer invoices include in Armenia?

Your invoice should include: TIN (taxpayer number), VAT number, Client details, Invoice number. For freelancer services specifically, also include: Hourly consulting, Project-based work, Retainer agreements.

How do I invoice for hourly freelance work?

List each task with hours worked and hourly rate. Include dates and detailed descriptions.

Should I charge a deposit as a freelancer?

Yes, especially for larger projects. A 25-50% deposit protects you from non-payment.

What VAT rates apply in Armenia?

Armenia has single 20% VAT rate. No reduced rates. Exports and some services zero-rated.