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Income declaration novelties

Armenia is implementing the Individuals’ Income Declaration System in stages between 2023 and 2025.

Certain groups have an obligation to submit their income declaration by May 1, 2024:

  1. State and public servants (citizens of the Republic of Armenia),

  2. Participants, shareholders, or members of a trade organization declaring gross income of 1 billion drams or more,

  3. Real beneficiaries, 

  4.  Citizens of the Republic of Armenia who received a loan of 20 million AMD or more (during 2023).

You can also access the link here: Individuals’ income declaration

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