Armenia Forbids Small Business Tax Inspection

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The government of Armenia made a decision which forbids the tax authorities to conduct tax inspections in small businesses aiming to relieve the small business owners from unnecessary difficulties with tax authorities.

“During 2009-2010 all types of inspectorial checks in the small and medium-sized enterprises (SME) will be forbidden. 22 inspectorial bodies exist in RA. Exceptions will be cases concerning health of the population and security of the state. Even those exceptions will be carried under the control of the Prime Minister, and only in the presence of the written consent of the Prime Minister. I am sure that in this sense our anti-crisis resistibility will increase,” RA Prime Minister Tigran Sargsyan said yesterday at the session of the Government.

“This is really an unprecedented decision. We have taken this decision upon the directive of the President of the Republic with the view of creating a favorable atmosphere for the development of small and medium-sized businesses, and overcoming the adverse effects of the global crisis,” the Prime Minister added.

RA Government Information

and Public Relations Department

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