The dynamics of the number of employed persons in the IT sector of Armenia

After the outbreak of the Russian-Ukrainian war, thousands of IT professionals left Russia and settled in Armenia. As a result, by the end of 2022, the number of registered IT professionals in Armenia increased by almost 46% compared to January 2022. However, due to the continuing devaluation of AMD, the outflow of Russian professionals, a […]

Note: The taxes paid by each company is calculated as the difference between the total amount paid by the company and the amounts returned to the unified account in terms of VAT and excise tax.

In January-September 2023, 69 IT companies were included in the list of 1000 large taxpayers. In January-September 2023, IT companies from the list paid AMD 59 billion in taxes or 4.2% of the total income supervised by the State Revenue Committee (SRC). 69 IT companies paid AMD 8.4 billion as profit tax, of which 20% […]

In January-March 2023, 65 IT companies were included in the list of 1000 large taxpayers. In January-March 2023, IT companies from the list paid AMD 17.3 billion in taxes or 5% of the total income supervised by the State Revenue Committee (SRC). Note: The taxes paid by each company is calculated as the difference between […]

According to the 2022 data, 60 IT companies have been included in the list of Armenia’s largest 1000 taxpayers, These 60 IT companies paid about AMD 51 billion in taxes and fees or 2.7% of total income supervised by the State Revenue Committee (SRC). Note: The taxes paid by each company is calculated as the […]

In January-September 2022, 67 out of the top 1000 biggest taxpayers in Armenia are IT companies, In January-September 2022, the 67 IT companies from the list paid AMD 36.3 billion in taxes or 2.6% of the total income supervised by the State Revenue Committee (SRC). Note: The taxes paid by each company is calculated as […]

As of July 2022, there are 2195 companies (individual entrepreneurs, LLC, CJSC) in the IT sector of Armenia, in contrast to 1554 as of February. 788 enterprises have only 1 employee and only 10 enterprises have 250 and more employees. It is worth mentioning that 2 out of these 10 enterprises were relocated to Armenia […]

As of July 2022, there are 5924 foreign citizens employed in Armenia’s IT sector, 84% of which or 4949 employees are Russian citizens, 4% are Iranians, and 2% are Belarusian citizens. As a result of the Russian-Ukrainian war, a lot of Russian citizens moved to Armenia, particularly, 4653 out of 4949 Russian citizens employed in […]

As of July 2022, there are 2195 enterprises (individual entrepreneurs, LLC, CJSC) represented in the RA IT services sector, of which 788 have 1 employee (including those individual entrepreneurs who do not have hired employees). Due to the Russian-Ukrainian war, many companies have moved from Russia to Armenia, in particular, 5 of the 20 largest employers […]

In the 2nd quarter of 2022, there were 39 IT companies on the list of the top 1000 biggest taxpayers in Armenia, In the first half of 2022, those companies paid 25.2 billion AMD in taxes and fees, of which 4.3 billion AMD was for profit tax and 16.2 billion AMD was income tax, For […]