Second EAEU economic operator certified in Armenia 

ArmInfo. On August 23, Chairman of the State Revenue Committee of the Republic of Armenia  Rustam Badasyan presented the Executive Director of the Barsis company with a Type I certificate on inclusion in the register of authorized economic operators of the Eurasian Economic Union. 

Barsis became the second authorized economic operator in Armenia, the  press service of the SRC reported.  The Chairman of the SRC,  congratulating the Executive Director of the LLC Hakob Menemshyan,  emphasized the importance of the company's example in promoting  voluntary compliance with the status of an authorized economic  operator, since an entity carrying out law-abiding foreign economic  activity has the opportunity to take advantage of such  simplifications as priority implementation of customs operations,  loading and unloading of goods without permission from customs  authorities, the use of LTO as a means of identification, the  possibility of releasing goods before presenting a declaration, etc.

After the certificate presentation ceremony, a discussion of the  problems of law-abiding business, customs simplifications, and issues  related to the organization of tax and customs administration took  place. The interlocutors exchanged thoughts on how to further expand  the scope of simplifications, benefits, and advantages for  law-abiding businesses.

The businessman expressed satisfaction with the cooperation with the  State Revenue Committee.

A memorandum of cooperation was signed between the Chairman of the  State Revenue Committee Rustam Badasyan and the authorized economic  operator, represented by the Executive Director of Barsis LLC Hakob  Menemshyan, with the aim of exchanging information necessary for the  effective application of special simplified procedures provided for  by the legislation of the Republic of Armenia.

In February of this year, the first economic operator was recognized  as Yerevan Brandy Factory CJSC. To obtain the status of an authorized  operator, foreign economic activity must comply with the requirements  of a law-abiding taxpayer, as well as a number of other norms and  requirements established by the country's legislation. On October 12  last year, the RA government approved the procedure for interaction  between customs authorities and authorized economic operators. It  provides for the definition of provisions on the conclusion of a  memorandum (agreement) on cooperation between the customs authority  and authorized economic operators, the exchange of information and  other conditions of interaction in order to organize operations  related to the use of special simplified procedures.

In February of this year, the first economic operator was recognized  as Yerevan Brandy Factory CJSC. To obtain the status of an authorized  operator, foreign economic activity must comply with the requirements  of a law-abiding taxpayer, as well as a number of other norms and  requirements established by the country's legislation. On October 12  last year, the RA government approved the procedure for interaction  between customs authorities and authorized economic operators. It  provides for the definition of provisions on the conclusion of a  memorandum (agreement) on cooperation between the customs authority  and authorized economic operators, the exchange of information and  other conditions of interaction in order to organize operations  related to the use of special simplified procedures.