Payitt
Armenia

Armenia

Yerevan

Popular structures and services available.

Top 3 structures

LLC
Most common for tech teams
From $1,000
AMD410,000
Completion time: 2-3 weeks
CJSC
For equity structure and growth
From $2,600
AMD1,066,000
Completion time: 4-5 weeks
Private Entrepreneur
Solo operators and consultants
From $400
AMD164,000
Completion time: 1-2 weeks

Setup Process

Estimated Time

Shortest time
6
weeks
Longest time
13
weeks
0
6
12
18
weeks

Comparable offerings

  • YerevanLaunch
    From $1,200
  • CaucasusSetup
    From $1,500
  • AraratCorp
    From $1,100

Client story

"They handled filings and PSP KYC in parallel. Huge time saver."
Lilit K.

Outcomes

Engineering teams keep 10–20% more time on product by offloading filings and ops.

Good for this type of business

  • IT and technology companies
  • Fast-moving startups needing quick setup
  • Software and digital services businesses

Benefits

IT-friendly regulatory regime and fast incorporations
Modern PSP options with tech-forward approach
Supportive environment for technology businesses

Limitations

Limited local market size
May require stronger business case for some banking relationships
Geographic location may limit certain trade routes

Real Estate Development Projects in Yerevan

Yerevan Development Group
Central Business District
Under ConstructionCompletion: Q2 2025
Ararat Realty
Residential Towers
PlanningCompletion: Q4 2025
Armenian Properties
Mixed-Use Complex
ConstructionCompletion: Q3 2025
Yerevan Investment Partners
Luxury Apartments
Pre-LaunchCompletion: Q1 2026
Caucasus Skyline
Commercial Plaza
ConstructionCompletion: Q2 2025
Capital Developers
Residential Community
PlanningCompletion: Q4 2025
Yerevan Builders
Office Complex
ConstructionCompletion: Q3 2025
Mount Ararat Heights
High-Rise Residential
Pre-LaunchCompletion: Q1 2026
Armenian Real Estate
Retail Hub
ConstructionCompletion: Q2 2025
Modern Yerevan Properties
Residential Towers
PlanningCompletion: Q4 2025

Visa Support

Business Visa
Time: 2-3 weeks
$450
AMD184,500
Investor Visa
Time: 4-6 weeks
$1,100
AMD451,000
Work Visa
Time: 2-4 weeks
$700
AMD287,000

Bank Account Opening

Business Account
Time: 2-3 weeks
$500
AMD205,000
Documents Required:
  • Company registration
  • Tax ID
  • Directors IDs
  • Business plan
Personal Account
Time: 1-2 weeks
$500
AMD205,000
Documents Required:
  • Passport
  • Residence proof
  • Income statement

International Schools

Yerevan International School
International
Levels: K-12 | Language: English
QSI Yerevan
International American
Levels: K-12 | Language: English
United World College
International
Levels: K-12 | Language: English
Yerevan European School
International
Levels: K-12 | Language: English, Armenian

Emergency Support

Medical
+374 10 541 000
Yerevan Medical Center
National Hospital
Legal
+374 10 561 111
24/7 Legal Aid
Translator Services
Consular
+374 10 580 000
Embassy Support
Document Assistance