Remote makes employment in Armenia easy. With our localized contracts, easy invoice management, and best-in-class compliance, you can grow your global team with confidence.
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We own our own entity in the countries where we operate to shield your company from risk and provide you and your employees with the signature Remote experience.
Capital city
Yerevan
Currency
Armenian dram
(֏, AMD)
Languages spoken
Armenian
Services available:
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.
Capital city
Yerevan
Currency
Armenian dram
(֏, AMD)
Languages spoken
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%
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).
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.
Below are national public holidays applicable for all regions in this country. Remote customers have access to a detailed list of regional public holidays within the Remote platform. Sign up now to access all public holiday information.
Date | Holiday Name |
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In Armenia, the minimum wage is 68,000 AMD per month.
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.
We can help you get a new employee started in Armenia fast. The minimum onboarding time we need is only 28 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.
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:
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Armenia.
Armenia does not charge payroll taxes to employers. Instead, social contributions are rolled into employee payroll taxes. Employers are required to withhold employees’ social contributions.
0% - Total Cost of Employment
3.5% - Pension (For earnings less than 500,000 AMD/month)
10% - Pension (For earnings more than 500,000 AMD/month)
22% (Flat rate for 2021)
AMD 1000 - is deducted from the employee each month for Armenia’s Insurance Foundation for Servicemen
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.
Mothers in Armenia receive a total of 140 days of maternity leave in most cases. The employee may begin to take maternity leave 70 days before the due date, then for another 70 days after birth. Births with complications extend post-birth leave to 85 days, for a total of 155 days. In cases of multiple births, total maternity leave extends to 180 days. Employees receive 100% of their average wages while on leave, with an upper limit of five times minimum wage.
Fathers in Armenia are entitled to five days of paid leave at 100% average salary. All five days must be used within 30 days of birth.
Armenia currently does not recognize same-sex partnerships. Therefore, parents in same-sex relationships are not entitled to leave. Companies may elect to provide their own paid parental leave.
New parents in Armenia may be entitled to unpaid childcare leave until the child reaches the age of one
Employers provide paid sick leave from the 2nd to the 5th day. After the 6th day they may be covered by social insurance.
Employees in Armenia who take sick leave because of a work-related injury or illness must be paid their regular benefits until they are fit to return to work. For illnesses not related to work, employees who are sick for fewer than 120 consecutive days (or 140 days in the last year) are entitled to return to work at their original position and pay, provided they do not exceed those limits.
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 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:
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.
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.