Thursday, May 18 2017 19:40
Naira Badalian

Regular tax benefits to businesses from Armenian Government

ArmInfo. Sahlevs LTD, Green Power  LTD, Farmatek will receive tax benefits in the form of delay in the  payment of VAT, the decision on this was adopted during Government  session on May 18.

According to Armenian Minister of Economy Development and Investments  Suren Karayan, Sahlevs LTS intends to invest 170 million AMD to  launch the production. Within the investment program, the Government  of Armenia postponed the term of the value added tax payment credited  by the tax and customs authorities while  importing technological  equipment, their components and primary products for three years. The  company intends to rearrange the  production of lighters, the volume  of the planned production will total  230 million AMD, 130 million  AMD from which will be sold at the territory of Armenia, the export  to EEU countries will be 80 million AMD, and another 20 million AMD  to third countries. As a result, more than 20 new jobs will be  created.

According to Government session another decision, the similar tax  benefit will be given to Farmatek in pharmaceutical field. Within the  investment program, according to Suren Karayan, it is planned to  import equipment and raw materials. The expected volume of production  will total  2 billion 800 million AMD.  The investments will form 900  million AMD, 9-10 new workplaces with an average salary of 160  thousand AMD will be created.

For three years, the payment of VAT on imported products for Green  Power LTD  has been postponed. As a result, in Armenian Syunik area,  a small hydropower plant  with  3.5 MW power will be built in the  Meghri community. The planned volume of investments will total 1bln  AMD, of which 311.4mln AMD - for equipment. The program will create  13 new jobs with an average salary of 82 thousand AMD.


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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000