Easily manage employment 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.

Services available in this country:
Employer of Record ProductContractor Management
  • Capital City

    Yerevan

  • Currency

    Armenian dram (֏, AMD)

  • Languages

    Armenian

  • Population size

    2,963,243

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

Facts & Stats

Armenia
  • 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

Want to employ workers in Armenia? Companies hiring in Armenia are typically required to either own a local legal entity or work with a global employment platform like Remote that can legally provide employment services in the country.

Remote can employ team members in Armenia and keep you compliant. Remote can hire, onboard, and pay your Armenia team so you don't have to set up local HR services in the region. Remote also makes it easy to pay contractors in Armenia. now to get started or talk to an expert for more 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 9 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 Armenia: Take the Tour

Seamlessly manage your workforce, from first hire to final paycheck

Competitive benefits package in Armenia

At Remote, we’re passionate about helping you craft the best possible employee experience for your team. We are leading the way in developing globally competitive benefits programs. This means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive, and that your company has the localized expertise needed to attract and keep the best global talent.

Our benefits packages in Armenia are tailored to fulfill the local needs of 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

Fair Pricing in Armenia

Employer of Record

Hire and pay your global team

Starting at $599/month

paid annually, or USD $699/month paid monthly

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

Top features

  • Only pay for contractors you actively work with

  • Work with contractors in 200+ countries and territories

  • Create, edit, and sign tailored, localized contracts

  • Approve contractor invoices with one click or auto-pay

  • Transparent payments with complete visibility

Payroll

Consolidate your multi-country payroll

$29

per employee/month

Top features

  • Support: Personalized assistance with a dedicated team and specialists

  • Accuracy: Test runs and parallel pay runs before implementation

  • Compliance: Adhere to local labor laws in every country

  • Timeliness: Accurate and on-time payroll with labor authority reporting handled

  • Experience: Seamless payroll with easy access to payslips and expenses

HR Management

Manage all of your employees in one place

Free

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