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15.1.2025

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15.01.2025
NA Standing Committee approves drafts in second reading regulating tax sphere
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At January 15 sitting, the NA Standing Committee on Economic Affairs debated a number of draft laws.

After the adoption in the first reading of the legislative package On Making Addenda to the Law on the Export of Dual Purpose Goods, Their Transit Transportation through the Republic of Armenia, as well as Control over the Transfer of Dual Purpose Information and Intellectual Activity Results and On Making Addenda to the Law on Licensing were only of substantive character. The RA Minister of High-Tech Industry Mkhitar Hayrapetyan informed this.

According to the Minister, the main goal is to ensure a favourable business environment, especially for large technology companies.

The Head of the RA Cadastre Suren Tovmasyan Committee presented addenda being proposed for debate to the RA Tax Code.

It was noted that the amended regulation will apply to legal relations arising from January 1, 2021. That is, when the rectifications are made, the property tax calculation mechanism will operate accordingly, and the citizen will pay the difference, and the penalties calculated for the difference will be zeroed after the adoption of the law.

The parliament has already adopted in the first reading the legislative package proposing amendments to the law On Trade and Services authored by the NA deputies Alkhas Ghazaryan, Hakob Arshakyan, Babken Tunyan, Sona Ghazaryan, Arusyak Julhakyan, Arsen Torosyan, Mariam Poghosyan and Hasmik Hakobyan and the enclosed laws.

After the first reading the Government presented one proposal of technical amendment. The co-author Alkhas Ghazaryan voiced her proposal, which was also of technical character.

The amendments and addenda to the Law on Precious Metals were also debated in the second reading. The RA Deputy Minister of Economy Edgar Zakaryan clarified that the beneficiaries of the initiative are those who have the right to produce and sell precious jewelry, who do so with the availability of a special logo.

After the first reading amendments were made. By the key rapporteur’s proposal, the law will enter into force after 6 months of the official publication. The Deputy Minister of Economy Sevak Mikayelyan informed this. He clarified that the fine regime for business is being somewhat eased. The current legislation stipulates a uniform fine for all economic entities in case of violations regarding the use of cash register receipts. It is proposed that in the event of technical problems with the Foreign Economic Activity codes, a warning be issued for the first violation, and in the event of repeating the same violation within a year, a fine of 50,000 AMD will be imposed, instead of the current 200,000 and minimum thresholds. In other cases, when a violation of the operation of the cash register receipt will lead to an understatement of budget receipts or amounts, no change will be provided. According to the Deputy Minister, this is an important change, especially for small and medium-size businesses. Thus, the expression ‘product code’ will be replaced by the expression Foreign Economic Activity/FEC code. The date of adoption of the law will also change: instead of January 1, 2025, it will come into force on March 3.

The next proposed amendment to the Tax Code of the Republic of Armenia also concerns the easing of administration for SMEs and the application of fair and proportionate approaches. There were no changes between the first and second readings.

At the proposal of a government representative, the law will enter into force the day after its publication and will apply to relations arising from January 1.

The debate s of the draft law on proposed addenda and amendments being proposed to the Tax Code authored by the Government and the legislative package On Making Addenda and Amendments to the Tax Code of the Republic of Armenia and On Making Amendments to the Law HO-285-N of June 12, 2024 On Making Amendments to the Tax Code of the Republic of Armenia, as well as the draft laws On Making Addenda and Amendments to the Law On State Duty and On Making Amendments to the RA Tax Code submitted by NA Deputy Babken Tunyan, have been postponed for up to two months.


15.01.2025
Committee endorses debated draft laws in second reading
At January 15 sitting, the RA NA Standing Committee on Science, Education, Culture, Diaspora, Youth and Sport debated in the second reading the draft law On Making Addenda and Amendments to the law On the Basics of Cultural Legislation.According to the key rapporteur, the RA Deputy Minister of Educa...

15.01.2025
Artur Martirosyan: Alliance for Cultural Heritage in Asia to become new platform for sharing best practices
On January 16, at the sitting of the Standing Committee on Science, Education, Culture, Diaspora, Youth and Sport the draft law On Ratifying the Statute of the Asian Alliance for Cultural Heritage was debated in the first reading. The RA Deputy Minister of Education, Science, Culture and Sports Artu...

15.01.2025
It is proposed to make changes to 2017-2020 State Property Privatization Programme
The RA NA Standing Committee on Science, Education, Culture, Diaspora, Youth and Sport endorsed the draft law on Amending the law On 2017-2020 State Property Privatization Programme. It is proposed to hand over the sports complex located at 5 Tsitsernakaberd Highway in Yerevan to the RA Ministry of ...

15.01.2025
Committee debates in first reading law on Youth Policy
One of the important priorities of the government’s activities is the policy aimed at youth, the basis of which is the creation of favourable conditions and an environment for the development of young people and their self-realization: The RA Deputy Minister of Education, Science, Culture and Sport ...

15.01.2025
It will be possible to identify and clarify areas of monuments, their territories and areas occupied by conservation zones
The adoption of the draft law will allow to clarify the status of immovable monuments of history and culture and the land areas and conservation zones occupied by them. As a result, it will be possible to identify and clarify the areas of monuments, their territories and areas occupied by conservati...

15.01.2025
Legislative initiative aimed at implementing proper supervision in the sphere of education
The necessity to develop a legislative package is conditioned by the necessity to ensure proper supervision in the education sphere. The Head of the Inspection Bodies’ Coordination Bureau of the RA Prime Minister’s Staff Petros Martirosyan said this. On January 15, at the sitting of the Standing Com...

15.01.2025
A number of regulations in field of preschool education to be clarified: Amendments to law are proposed
Based on the necessity to resolve issues arising in legal practice, it is proposed to make amendments and addenda to the RA Law on Preschool Education. They were presented by the Deputy Minister of Education, Science, Culture and Sport of the Republic of Armenia Araksia Svajyan at the regular sittin...

15.01.2025
Proposed regulations to practically eliminate misunderstandings and ensure principle of legal certainty
The National Assembly of the Republic of Armenia adopted the Law on Audiovisual Media on July 16, 2020. However, during its implementation, the necessity to revise some regulations, as well as to provide for new regulations, emerged.At the sitting of January 15 of the Standing Committee on Science, ...

15.01.2025
Initiative to reserve function of regulating gaming sector to Ministry of Economy, and sphere of development of public-private partnership to be transferred to RA Ministry of Finance
In accordance with the Law on the Structure and Activities of the Government, the Ministry of Economy of the Republic of Armenia is developing and implementing the Government's policy in the sphere of development of public-private partnership, and the Ministry of Finance - the Government's policy in...

15.01.2025
Debate of item postponed
At the beginning of January 15 sitting of the RA NA Standing Committee on Health Care, the members of the Committee honoured the memory of the deputy of the NA Armenia Faction Mher Sahakyan, who tragically died recently.The item on the agenda of the Committee sitting was to Make Amendments and Adden...

15.01.2025
Owners of vehicles that are out of owner\'s possession due to a crime to be exempted from obligation to pay property tax for that vehicle
The draft law of the Republic of Armenia on Making Addendum to the Tax Code of the Republic of Armenia developed by the Ministry of Internal Affairs proposes to make an addendum to Article 245 of the Code, stipulating that the owners of vehicles that are out of the owner's possession due to a crime ...

15.01.2025
Initiative regulates the requirements for sorting shelves in case of dairy products
The initiative proposes to regulate the requirements for sorting shelves when selling dairy products by establishing color separation. In case of selling dairy products without milk fat, the separated shelf should be green, and in the case of milk fat substitutes, orange.The RA Deputy Minister of Ec...

15.01.2025
Agreement on Partnership in Customs Sector between the Republic of Armenia and the United States of America debated
The Agreement creates the basis for the formation of partnership in the customs sector between the customs services of the Republic of Armenia and the United States of America, the proper and full regulation of bilateral relations, the strengthening and expansion of opportunities for mutually benefi...

15.01.2025
Amendments and addenda to law on Food Safety
On January 15, the sitting of the RA NA Standing Committee on Economic Affairs began by honouring the memory of the deputy of the NA Armenia Faction Mher Sahakyan, who tragically died recently.With the adoption of the draft law On Amendments and Addenda to the law On Food Safety, when registering in...



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