Quality applicants without the overwhelm | Remote Talent

Explore now
Remote’s guide to employing in

Armenia
armenia flag}

Make employment in Armenia easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Armenia, all in one easy-to-use platform.

  • Capital City

    Yerevan

  • Currency

    Armenian dram (֏, AMD)

  • Languages

    Armenian

  • Population size

    2,963,243

  • Remote-Owned Local Entity

Services available in this country:
Employer of Record ProductContractor Management
Armenian capital, Yerevan's city skyline

Facts & Stats

  • Capital City

    Yerevan

  • Currency

    Armenian dram (֏, AMD)

  • Languages

    Armenian

  • Population size

    2,963,243

  • Ease of doing business

    Very easy

  • Cost of living index

    $ (113 of 139 nations)

  • Payroll frequency

    Monthly

  • VAT - standard rate

    20%

  • GDP - real growth rate

    7.6%

Armenia is one of the world’s oldest countries. Its capital, Yerevan, was established before Rome, and the country is home to several ancient historical sites, including some of the world’s oldest churches. A former member of the Soviet Union, some of Armenia’s primary industries include manufacturing, mining, textiles, and agriculture. Armenians are avid chess players, and Armenia is the only country in which chess is a mandatory part of public education.

Grow your team in Armenia with Remote

Looking to employ workers in Armenia? Companies hiring in Armenia must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.

Remote can employ your team in Armenia on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Armenia team. You can also pay contractors now in Armenia with Remote in some currencies (talk to an expert now for full details).

Risks of misclassification

Armenia, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Armenia may lead to fines and penalties for the offending company.

Employing in Armenia

Armenia’s labor laws provide considerable protections for workers in the country. Employers over a certain size may not pay workers in cash, and workweeks typically cannot exceed 48 hours per week, including lunch and breaks. Employees are generally protected against abrupt termination (Armenia is not an “at-will” employment country), and there are special rules that apply for layoffs of multiple people. Companies should consult an experienced partner when drafting employment contracts.

To employ workers in Armenia, contact Remote to learn more about your options.

Minimum Wage

In Armenia, the minimum wage is 75,000 AMD per month.

Payroll Cycle

For customers of Remote, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.

Onboarding Time

We can help you get a new employee started in Armenia fast. The minimum onboarding time we need is only 8 working days.

Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.

For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.

Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.

17 Public holidays

Jan
Monday, January 1, 20241New Year's Day (Նոր տարվա օր)
Tuesday, January 2, 20242Second Day of the New Year (Նոր տարվա երկրորդ օրը)
Wednesday, January 3, 20243Third Day of the New Year (Նոր տարվա երրորդ օրը)
Thursday, January 4, 20244Fourth Day of the New Year (Նոր տարվա չորրորդ օր)
Friday, January 5, 20245Orthodox Christmas Eve (Ուղղափառ Սուրբ Ծննդյան երեկո)
Saturday, January 6, 20246Orthodox Christmas Day (Ուղղափառ Սուրբ Ծննդյան օր)
Sunday, January 7, 20247The Day of Commemoration of All Dead People after Christmas Day (Ծննդյան տոներից հետո բոլոր մահացած մարդկանց հիշատակի օրը)
Sunday, January 28, 20248Army Day (Բանակի օր)
Mar
Friday, March 8, 20249International Women's Day (Կանանց միջազգային օր)
Apr
Monday, April 1, 202410Easter Monday (Զատիկ երկուշաբթի)
Wednesday, April 24, 202411Armenian Genocide Remembrance Day (Հայոց ցեղասպանության հիշատակի օր)
May
Wednesday, May 1, 202412International Workers' Day (Աշխատավորների միջազգային օր)
Thursday, May 9, 202413Victory and Peace Day (Հաղթանակի և խաղաղության օր)
Tuesday, May 28, 202414Republic Day (Հանրապետության օր)
Jul
Friday, July 5, 202415Constitution Day (Սահմանադրության օր)
Sep
Saturday, September 21, 202416Independence Day (Անկախության օր)
Dec
Tuesday, December 31, 202417New Year's Eve (Նոր տարվա գիշեր)

Want to see and manage all holidays? Sign up for our free HRIS!

Effortless HR in Armenia: Take the Tour

Seamlessly Manage Your Workforce, from First Hire to Final Paycheck

Competitive benefits package in Armenia

At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practicing “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).

Our benefits packages in Armenia are tailored to fulfill the local needs of your employees. Typically, our packages contain some or all of the following benefits:

  • Health Insurance

  • Dental Insurance

  • Vision Insurance

  • Mental Health Support

  • Pension or 401(K)

  • Life and Disability Insurance

Taxes in Armenia

Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Armenia.

  • 0%

    Total Cost of Employment

Types of leave

Paid Time Off is 20 days for all employees with a 5 day work week and 24 days for employees with a 6 day work week. Extended annual leave of up to 25 working days is granted to certain categories of employees whose work involves great nervous, emotional, intellectual strain or professional risk. Every employee is also entitled to 12 paid public holidays every year.

Employment termination

Termination process

Employees in Armenia may only be terminated for one of the reasons outlined in Armenia’s labor laws. Some of these reasons include loss of confidence in the employee’s ability to perform the duties of the role, unexcused absences, and refusal to cooperate with a medical exam. Reasoning for termination should be provided to the employee in writing.

Notice period

Notice periods in Armenia increase depending on the tenure of the employee. These periods may vary greatly depending on individual circumstances. Here are a few of the most common situations:

  • Employees on probationary periods are entitled to three days of notice.

  • Employees leaving by mutual agreement are entitled to seven days of notice.

  • Employees being terminated because of a change in the essential terms of the employment are entitled to 14-60 days of notice, depending on tenure.

  • Employees and employers ending a fixed-term employment agreement must provide 10 days of notice to the other party.

There are many other circumstances in which notice periods may change. If you employ someone in Armenia through Remote and have questions about terminations, our legal experts can provide information specific to your situation.

Severance pay

In Armenia, severance pay amounts vary depending on the tenure of the employee and the reason for termination. For layoffs and employees made redundant, one month’s salary is the norm. In other situations, two weeks’ salary is the norm, unless an employment agreement stipulates otherwise.

Fair Pricing in Armenia

Employer of Record

Hire and pay your global team

Starting at $599/month

Top features

  • Satisfaction guaranteed

  • No deposits or hidden fees

  • Zero onboarding or offboarding fees

  • Compliant equity incentives support including withholding and reporting

  • Built-in security and compliance

  • Fast onboarding (average 2-3 days)

  • Flexible, localized benefits

Contractor Management

Compliantly onboard and pay contractors

$29

per contractor/month

Start free trial

Top features

  • Only pay for contractors you actively work with

  • Work with contractors in 200+ countries

  • Create, edit, and sign tailored, localized contracts

  • Approve contractor invoices with one click or auto-pay

  • Transparent payments with complete visibility

Global Payroll

Consolidate your multi-country payroll

$50

per employee/month

Top features

  • Reduce costs by centralizing payroll management

  • Ensure local compliance for every country

  • Direct support from in-house local payroll experts

  • Accurate, on-time, compliant payroll to level-up your employee experience

  • Tax and labor authority reporting handled for you

HRIS

Manage all of your employees in one place

Free
Sign up

Top features

  • Guided onboarding and offboarding

  • Employee profile and document management

  • Time and attendance (time off and tracking)

  • Expense management and reimbursement

  • Employee self-serve on the platform and mobile app