doing business in armenia - schneider group
TRANSCRIPT
Armenia is a country steeped in mystery and tradition. Boasting a rich and colourful history, the southern Caucasus country is undergoing rapid development. In 2017, GDP growth way outperformed expectations, up 7.5% versus a relatively fl at 2016. Armenia is the most economically liberal member of the Eurasian Economic Union. With the country coming 44th (from 180 countries) in the ‘economic freedom’ ranking conducted by The Heritage Foundation, Armenia is the perfect gateway country to the EAEU.
SCHNEIDER GROUP has recently opened an o� ce in Yerevan, Armenia. If you’re interested in doing business in Armenia, look no further than our experts who have decades of experience in helping companies expand eastward. Why not peruse the brochure fi rst for some facts and fi gures on Armenia and our services.
Doing business in Armenia
schneider-group.com
market entry | accounting | ERP | import | legal | tax
Are you interested in doing business in Armenia?
Your contact persons in Yerevan:
Diana MovsesyanYerevan O� ceBusiness Center ‘‘Elite Plaza”Khorenatsi str. 150010 Yerevan, Armenia+374 / 60 / 50 66 [email protected]
Yuri DonetsPartner, Kyiv, Yerevanvul. Shovkovychna 42-4401024 Kyiv, Ukraine+380 /44/ 490 55 [email protected]
Key facts about Armenia
GDP 2017: USD 11.54 bn Services 51.9% Industry 28.7% Agriculture, forestry and fi shing 19.4%
GDP per Capita: USD 4,219
External trade turnover: USD 6.42 bn Export USD 2.24 bn Import USD 4.18 bn
Currency: ‘’dram’’ (AMD)
Urbanization 63.96% live in cities and towns 36.04% live in rural areas
Doing Business ranking 35th place in 2018
Foreign direct investments: USD 244 mn
Key investing countries Russia France Germany Argentina USA
Market entry services Market analysis Distributor search Recruiting services Outsta� ng O� ce in o� ce solutions Fully-equipped working desks with
full o� ce infrastructure Import handling Company formation
ERP systems & accounting automation
Upgrade 1C accounting to a full ERP system
SAP implementation Accounting transparency Accounting automation Control of accounting
Interim management We take over the function of the
General Director and make sure all administrative obligations are met
CFO function Controlling function
Localization of production Compare industrial zones Cooperation with state authorities
Accounting and tax compliance
Market representative
SCHNEIDER GROUP services in Armenia
Market entry services
ERP systems & accounting automation ERP systems & accounting automation automation ERP systems & accounting ERP systems & accounting
Interim management Interim management Interim management
Localization of production Localization of production Localization of production
Accounting and tax compliance Accounting and tax compliance Accounting and tax compliance Accounting and tax compliance Accounting and tax compliance Accounting and tax compliance Accounting and tax compliance
Market representative Market representative Market representative