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Streamlined and simplified tax administration is in place for the IT sector, a senior tax official has said.
Vrezh Mkhitaryan, First Deputy Chairman of the State Revenue Committee, said at the State & Tech Bridge discussion that the IT sector is the most rapidly growing sector and a key foundation for Armenia’s competitiveness and international reputation.
“Our goal is to create a tax administration environment that promotes innovation, facilitates investment, and ensures a healthy competitive climate,” he said.
“Tax administration should not be viewed as an obstacle, but as a sustainable foundation for development.”
Eased tax administration is in place for IT because the sector is deemed as low risk.
He emphasized the sector’s role in contributing to state budget revenues.
“The IT sector’s share in the 2025 state budget collections amounted to 7.6%. Beyond tax revenue, the sector also provides high-paying jobs, drives export growth, and attracts investment.”
There were 18,000 active jobs in the sector during the first seven months of the year, marking a year-on-year increase of 1,700.
The official expressed confidence that collaboration between the government, business, and academia would position the country as an international destination for IT investment.
Deputy Minister of High-Tech Industry, Ruben Simonyan, added that more than 2 billion drams in support were paid to IT companies in the first quarter of this year under government support programs.