Today, a presentation was organized for members of the Club of Economic Journalists, during which http://armenia.eregulations.org/ platform, rules, advantages, and possible effects on investments have been presented.  

The platform was created by Business Armenia and the United Nations Development Program, with the funding of Austrian Development Agency.

Artak Poghosyan, UNDP Project Coordinator, Artak Poghosyan, Acting CEO of Business Armenia, Arman Khachatryan, Investors’ Relations Manager and Sahak Adjemyan, Investors’ Relations specialist at Business Armenia, answered the questions of journalists.

The system has already introduced eight procedures of starting and doing business, to which Armenia has become a part since 2018. As in 30 other countries of the world, foreign investors are step by step introduced business, intellectual property registration, acquisition of residence status procedures.

10 other procedures will be simplified by the end of the year.

The platform will be handed over to the Armenian government, which will later have the opportunity to simplify and submit unlimited quantities of business and foreign investment.