Requirement to Submit a Personal Income Tax Return for 2024

22.01.2025

The vast majority of tax residents of the Republic of Armenia who are also its citizens are required to submit declaration of personal revenues for 2024. 

Persons concerned 

Tax Residency and Citizenship: A natural person shall be a citizen and tax resident of the Armenia, who meets one of the eligibility criteria below:

  • Employees under labor contract or services contract in 2024
  • Declarants for the reporting year 2023
  • Persons who, as of 31 December 2024, hold public service, community service and/or public positions as defined by the Law of the Republic of Armenia ‘On Public Service’
  • Persons who, as of 31 December 2024, are (became) participants (shareholders, members) of a trade organization resident of Armenia, which declared a gross income of AMD 1 billion or more at the end of 2023
  • Ultimate beneficial owners under the law of Armenia
  • Persons who received a loan of AMD 20 million or more during 2024 are considered as real beneficiaries.

Revenues concerned

Persons who are required to submit personal income tax return must declare their income sourcing from Armenia and outside, including passive income.

Deadline for submission and payment of income tax

Eligible persons must submit personal income tax return and pay the related taxes by 1 May 2025.