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5.9.2023

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05.09.2023
Arnak Avetisyan: Means received from 2022 state property privatization are 845.281.16 AMD
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At September 5 regular sitting moderated by Babken Tunyan, the NA Standing Committee on Economic Affairs in the second reading debated and endorsed the draft law on Approving the 2022 Annual Report of 2017-2020 Programme Implementation of State Property Privatization.

According to the Head of the RA State Property Management Committee of the Ministry of Territorial Administration and Infrastructure Arnak Avetisyan, during the financial period, the means received from the privatization were 845.281.16 AMD, the means received from the payments subject to payable in installments during the financial period from ‘small’ entities privatized in the previous years – 19.066.01 AMD. 607.020.09 AMD entered at the expense of the privatization to the state budget of the Republic of Armenia, and 238.261.07 AMD – to the community budgets.

It was noted that during the financial period changes were made in the programme. Herher and Armenikum CJSCs were included in the privatization list.

As Arnak Avetisyan assured, during the period from the first to the second reading proposals were not presented.

The draft law on Amending the law on Limited Liability Companies (LLC) also was debated in the second reading and endorsed. It is proposed to distribute not annual, but quarterly profit between the participants of the Company. The purpose of that regulation is to facilitate the profit distribution process by the LLC, as well as to abstain from artificial regulations, for example, to provide loans to the shareholders of the Company, etc. According to the Minister of Economy Vahan Kerobyan, the adoption of the initiative will promote the improvement of the business environment and the creation of the LLC and the implementation of investments there. No amendments were made from the first to the second reading.


05.09.2023
Agreement on facilitation of automatic exchange of information debated
At September 5 sitting of the NA Standing Committee on Economic Affairs the Deputy Head of the RA State Revenue Committee Ashot Muradyan presented for debate the draft law on Ratifying the Multilateral Competent Authority Agreement (MCAA) on Automatic Exchange of Information on Financial Accounts.Th...

05.09.2023
It is proposed to specify the tax obligation termination cases
It is designed to specify the tax obligation termination cases by the draft law on Making Amendments and Addenda to the RA Tax Code. In particular, it is envisaged to remove the contradictions existing in the Code, complying them with the requirements of the law on Bankruptcy.The Deputy Head of the ...

05.09.2023
It is proposed to impose stricter measures of administrative responsibility for voluntarily constructing buildings
It is proposed by the draft to impose stricter measures of administrative responsibility for voluntarily constructing, reconstructing, installing buildings, for doing construction work requiring construction without permission or installment permission, destroying or dismantling without permission, ...

05.09.2023
Activity of organizations or individual entrepreneurs formulating and transmitting orders for passenger transportation on online platforms to be regulated
Currently, the provision of passenger transportation services through online platforms is widely used in the republic, but the sector is not legally regulated. Organizations that have created online platforms actually carry out illegal passenger transportation activity by accepting orders and transf...

05.09.2023
Amendments and addenda designed in laws on Licensing and on Postal Communication
The legislative package envisages the creation of appropriate legal bases for the collection of information on goods imported from foreign countries by persons carrying out postal and courier activities and submission to customs bodies. In order to ensure the efficiency of collection of relevant inf...

05.09.2023
An authorizing norm to be established regarding requirements for service vehicle quantities, limits, lubricants, fuel and other standards
The draft law on Making Addenda and Amendments to the Law on State Property Management establishes an authorizing norm that will enable the Government to set requirements for service vehicle quantities, limits, lubricants, fuel and other standards. The RA Deputy Minister of Territorial Administratio...

05.09.2023
Government to define the examination procedure of controlled goods and non-material value
It is proposed by the initiative to set a provision in the law, in accordance with which, the Government defines the examination procedure of controlled goods and non-material value by legislative initiative. The draft law on Making and Amendment and Addenda to the law on Control toward the Export o...

05.09.2023
Requirements for transportation providers to be set according to international standards
In the RA, the features of interstate cargo transportation defined by the Quality Charter for International Road Haulage Operations in the multilateral quota system of the European Conference of Ministers of Transport (ECMT) are not fully regulated. The RA Deputy Minister of Territorial Administrati...

05.09.2023
Importing organization can choose laboratory that should carry out sampling and appropriate examination
It is designed to regulate the processes of laboratory tests within the framework of border control at the phase of food import. In particular, it is planned to establish a legal regulation, according to which, in case of the necessity for examination of imported food products within the framework o...

05.09.2023
In foreign trade framework process of presenting permission document established by RA legislation to be implemented exclusively online
The adoption of the draft law is conditioned by the necessity of ensuring the process of making amendments in the legal acts for providing the permission document exclusively online. It refers to providing the permission documents necessary for import and export of different kinds of goods, which is...

05.09.2023
An exception to be defined in import and export orders of nuclear, radioactive substances, device with radioactive substances and radioactive wastes
We have defined a simplified procedure on the participation of the foreign companies for the kinds of a number of activities of not having demand of the activity venue. Today, need emerged to make change in some spheres. It refers to the import and export orders of nuclear, radioactive substances, d...

05.09.2023
A draft regulating market legal relations debated in Standing Committee on Economic Affairs
The draft law on Market Control will define the spheres of oversight of the market control inspection body, the main principles of market control, the check-ups of the inspection body, the features and forms of the control carried out, the powers of the RA Government in the field of market control, ...

05.09.2023
In near future, procedure and conditions for remote work implementation, relations regarding compensation of necessary equipment, materials or expenses related to their acquisition to be established by law
With the draft law on Making Amendments to the Labor Code of the Republic of Armenia, the Government proposes to define clear and flexible procedures for organizing remote work, to define the term ‘remote work’, as well as the procedure and conditions for the implementation of remote work, the relat...

05.09.2023
Initiative to reform sphere of assigning state benefits, processes of appointment and payment of one-time birth allowance of child care up to 2 years of age to be clarified
It is proposed to pay the allowance in cash or non-cash based on the application for family and social allowance, as well as emergency aid for persons with a severe degree of functionality limitation.The draft law on Making Addenda and Amendments to the Law on State Benefits authored by the Governme...



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