Armenia

Currency
Armenian dram (AMD)
Payroll Frequency
Monthly
Employer Taxes
0.0%

About 

Armenia

Armenia is a landlocked country in Western Asia with strong cultural ties to Europe. Its economy is driven by industry and mineral extraction, making it an attractive destination for businesses seeking opportunities in the region. Understanding Armenia’s labor laws, payroll regulations, and taxation policies is essential for companies looking to hire and manage employees effectively.

Overview

Population
2.958 million
Language
Armenian
Capital
Yerevan
Currency
Armenian dram (AMD)
Country code
+374
Min wage
406 AMD per hour
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
40 hours per week

Payroll

Cycle

Monthly

Avg employer tax

0%

Taxation

Tax breakdown - Employer

N/A

VAT

20%

Holidays / PTO

Public holidays in 2024
  • 1 Jan to 4 Jan: New Year Holiday
  • 6 Jan to 7 Jan: Armenian Christmas Holiday
  • 28 Jan: National Army Day
  • 8 Mar: International Women's Day
  • 18 Apr: Easter Monday
  • 24 Apr: Armenian Remembrance Day
  • 1 May: Labor Day
  • 9 May: Victory and Peace Day
  • 28 May: 1st Republic Day
  • 5 Jul: Constitution Day
  • 21 Sep: Independence Day
  • 31 Dec: New Year's Eve
Sick days
  • Employers pay for sick leave from day two to day five of an illness.
  • From day six onward, social insurance covers payments.
  • Employees are entitled to full benefits if their absence is under 120 consecutive days or 140 total days per year.
Maternity leave
  • Duration: 140 days (70 days pre-birth + 70 days post-birth).
  • Extensions:
    • Complications: +15 extra post-birth days.
    • Multiple births: +40 extra post-birth days.
  • Maternity Pay: 100% of the mother's average monthly earnings.
Paternity leave
  • Fathers receive 5 days of paid leave, which must be taken within 30 days post-birth.

Termination Process

Justified Termination

Employers must provide notice and have a valid reason for termination.

Notice Period (based on employee’s tenure)

  • Under 1 year – 14 days
  • 1 to 5 years – 35 days
  • 5 to 10 years – 42 days
  • Over 10 years – 60 days

Severance Pay

  • Company-related terminations: Equal to the employee's average monthly salary.
  • Employee-related terminations (e.g., long-term disability):
    • Under 12 months – 10x average daily salary
    • 1 to 5 years – 25x average daily salary
    • 5 to 10 years – 30x average daily salary
    • 10 to 15 years – 35x average daily salary
    • Over 15 years – 44x average daily salary

Probation Period

  • Typically 3 months, as outlined in the employment contract.
  • Either party may terminate the contract during probation with 3 days’ notice.

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Tax Calculation

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AR
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Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation

Armenia

Armenia is a landlocked country in Western Asia with strong cultural ties to Europe. Its economy is driven by industry and mineral extraction, making it an attractive destination for businesses seeking opportunities in the region. Understanding Armenia’s labor laws, payroll regulations, and taxation policies is essential for companies looking to hire and manage employees effectively.
Contractor Management
EOR
Payroll
Contractor of Record
Currency
Armenian dram (AMD)
Payroll Frequency
Monthly
Employer Taxes
0.0%

Overview

Population
2.958 million
Language
Armenian
Capital
Yerevan
Currency
Armenian dram (AMD)
Country code
+374
Min wage
406 AMD per hour
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
40 hours per week

Payroll

Salaried Employees
Monthly
Time-Based Employees
Avg employer tax

0%

Tax Breakdown

N/A

VAT

VAT

20%

Tax Calculation for Armenia
*
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AR
*
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Oops! Something went wrong while submitting the form.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation
How it works

Onboarding Process

Onboarding in Armenia typically includes the following steps to ensure a smooth transition for new hires:

Pre-boarding

Collect necessary documents (employment contract, tax forms, social security registration).

First Day

Welcome the employee, introduce company policies, and provide necessary tools.

Training and Development

Ensure employees receive relevant training and understand compliance requirements.

Probation Check-ins

Regular feedback sessions to assess performance and cultural fit.

Pre-boarding

Pre-boarding

Pre-boarding

Key Elements of an Employment Contract in Armenia
When drafting an employment contract for employees in Armenia, the following key elements should be included:

Employee Details

Name, role, and job responsibilities.

Salary & Benefits

Base pay, bonus structures, and additional perks.

Work Schedule

Working hours, overtime rules, and leave entitlements.

Termination & Notice

Clear terms regarding dismissal and severance pay.

Confidentiality & Non-compete

If applicable, clauses related to trade secrets and competitive employment.

Health & Safety

Employer’s obligations and workplace safety policies.

Personal Details

Name, contact information, and role of the employee.

Employee Leave Policies

Sick days
  • Employers pay for sick leave from day two to day five of an illness.
  • From day six onward, social insurance covers payments.
  • Employees are entitled to full benefits if their absence is under 120 consecutive days or 140 total days per year.
Maternity leave
  • Duration: 140 days (70 days pre-birth + 70 days post-birth).
  • Extensions:
    • Complications: +15 extra post-birth days.
    • Multiple births: +40 extra post-birth days.
  • Maternity Pay: 100% of the mother's average monthly earnings.
Paternity leave
  • Fathers receive 5 days of paid leave, which must be taken within 30 days post-birth.
12 Public holidays in Armenia
1st
New Year's Day
2nd
New Year's Day
3rd
New Year's Day
4th
New Year's Day
6th
Armenian Christmas Holiday
7th
Armenian Christmas Holiday
28th
National Army Day
8th
International Women’s Day
18th
Easter
24th
Armenian Remembrance Day
1st
Labor Day
9th
Victory and Peace Day
28th
First Republic Day
5th
Constitution Day
21th
Independence Day
31st
New Year's Eve
  • 1 Jan to 4 Jan: New Year Holiday
  • 6 Jan to 7 Jan: Armenian Christmas Holiday
  • 28 Jan: National Army Day
  • 8 Mar: International Women's Day
  • 18 Apr: Easter Monday
  • 24 Apr: Armenian Remembrance Day
  • 1 May: Labor Day
  • 9 May: Victory and Peace Day
  • 28 May: 1st Republic Day
  • 5 Jul: Constitution Day
  • 21 Sep: Independence Day
  • 31 Dec: New Year's Eve

Termination Process

Justified Termination

Employers must provide notice and have a valid reason for termination.

Notice Period (based on employee’s tenure)

  • Under 1 year – 14 days
  • 1 to 5 years – 35 days
  • 5 to 10 years – 42 days
  • Over 10 years – 60 days

Severance Pay

  • Company-related terminations: Equal to the employee's average monthly salary.
  • Employee-related terminations (e.g., long-term disability):
    • Under 12 months – 10x average daily salary
    • 1 to 5 years – 25x average daily salary
    • 5 to 10 years – 30x average daily salary
    • 10 to 15 years – 35x average daily salary
    • Over 15 years – 44x average daily salary

Probation Period

  • Typically 3 months, as outlined in the employment contract.
  • Either party may terminate the contract during probation with 3 days’ notice.

Personal Details

Name, contact information, and role of the employee.

_'s Booming Remote Workforce

Challenges of Remote Hiring in _

Simplifying Remote Hiring in _ with RemotePass 

Grow Your Team in Armenia with RemotePass
Building and expanding a global workforce is seamless with RemotePass. Our platform simplifies the complexities of hiring, payroll, and compliance across over 150 countries, including Armenia.

With RemotePass, you can quickly onboard international employees, manage payroll, ensure legal compliance, and provide competitive benefits—all from one place. Focus on growing your business while we handle the HR and legal intricacies.

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Let’s Chat

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Armenia

العملة
Armenian dram (AMD)
تردد الرواتب
Monthly
ضرائب أصحاب العمل
0.0%

عن 

Armenia

Armenia is a landlocked country in Western Asia with strong cultural ties to Europe. Its economy is driven by industry and mineral extraction, making it an attractive destination for businesses seeking opportunities in the region. Understanding Armenia’s labor laws, payroll regulations, and taxation policies is essential for companies looking to hire and manage employees effectively.

ملخص

التركيبة السكانية
2.958 million
اللغة
Armenian
العاصمة
Yerevan
العملة
Armenian dram (AMD)
رمز الاتصال الدولي
+374
الحد الأدنى للأجور
406 AMD per hour
ساعات العمل
8 hours per day
أيام الأسبوع
Monday to Friday
ساعات العمل اسبوعيا
40 hours per week

الرواتب

موعد صرف الرواتب

Monthly

متوسط ​​ضريبة صاحب العمل

0%

تحصيل الضرائب

التوزيع الضريبي - صاحب العمل

N/A

ضريبة القيمة المضافة

20%

العطل / PTO

العطلات الرسمية في عام 2024
  • 1 Jan to 4 Jan: New Year Holiday
  • 6 Jan to 7 Jan: Armenian Christmas Holiday
  • 28 Jan: National Army Day
  • 8 Mar: International Women's Day
  • 18 Apr: Easter Monday
  • 24 Apr: Armenian Remembrance Day
  • 1 May: Labor Day
  • 9 May: Victory and Peace Day
  • 28 May: 1st Republic Day
  • 5 Jul: Constitution Day
  • 21 Sep: Independence Day
  • 31 Dec: New Year's Eve
الإجازات المرضية
  • Employers pay for sick leave from day two to day five of an illness.
  • From day six onward, social insurance covers payments.
  • Employees are entitled to full benefits if their absence is under 120 consecutive days or 140 total days per year.
إجازة الأمومة
  • Duration: 140 days (70 days pre-birth + 70 days post-birth).
  • Extensions:
    • Complications: +15 extra post-birth days.
    • Multiple births: +40 extra post-birth days.
  • Maternity Pay: 100% of the mother's average monthly earnings.
إجازة الأبوة
  • Fathers receive 5 days of paid leave, which must be taken within 30 days post-birth.

إنهاء العقد

عملية الإنهاء

Justified Termination

Employers must provide notice and have a valid reason for termination.

Notice Period (based on employee’s tenure)

  • Under 1 year – 14 days
  • 1 to 5 years – 35 days
  • 5 to 10 years – 42 days
  • Over 10 years – 60 days

Severance Pay

  • Company-related terminations: Equal to the employee's average monthly salary.
  • Employee-related terminations (e.g., long-term disability):
    • Under 12 months – 10x average daily salary
    • 1 to 5 years – 25x average daily salary
    • 5 to 10 years – 30x average daily salary
    • 10 to 15 years – 35x average daily salary
    • Over 15 years – 44x average daily salary

Probation Period

  • Typically 3 months, as outlined in the employment contract.
  • Either party may terminate the contract during probation with 3 days’ notice.
فترة الإشعار
  • Typically 3 months, as outlined in the employment contract.
  • Either party may terminate the contract during probation with 3 days’ notice.
مكافأة نهاية الخدمة
  • Company-related terminations: Equal to the employee's average monthly salary.
  • Employee-related terminations (e.g., long-term disability):
    • Under 12 months – 10x average daily salary
    • 1 to 5 years – 25x average daily salary
    • 5 to 10 years – 30x average daily salary
    • 10 to 15 years – 35x average daily salary
    • Over 15 years – 44x average daily salary
فترة الاختبار

Probation periods are set out in the employment contract, with the standard being three months. Either party can terminate the contract during the probation period with three days' notice.

ازدهار القوى العاملة عن بعد في _

تحديات التوظيف عن بعد في _

تبسيط التوظيف عن بعد في _ باستخدام ريموت باس

حساب الضريبة

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AR
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تكلفة صاحب العمل
إجمالي تكلفة التوظيف الشهرية
GBP 9,633
إجمالي تكاليف الراتب الشهري
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب الشهري
GBP 5,137
الراتب الشهري الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
تكلفة صاحب العمل
إجمالي تكلفة التوظيف السنوية
GBP 9,633
إجمالي تكاليف الرواتب السنوية
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب السنوي
GBP 5,137
الراتب السنوي الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
طلب عرض أسعار مفصل