Yerevan, October 11 /Mediamax/. Armenian parliament approved in the final reading today the package of draft laws, regulating the activity of the securities market.

The approval of the package provides an opportunity for foreign investors entering the market. In particular, in late October – early November of 2007, signing of the agreement on the sale of the Armenian Stock Exchange and the Depositary to OMX Group Company is expected.

Armenian parliament also approved in the second reading today the draft law “On making amendments in the law “On income tax”, according to which the companies, registered in offshore zones and functioning in Armenia, should pay an income tax to the State Treasury, already starting from January 1 of 2008. In the previous variant of the law, the date for starting paying the income tax was established for July 1 of 2008.