Thursday, May 8 2025 11:46
Naira Badalian

Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation 

Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation 

ArmInfo.  On May 8, the Government of Armenia approved the ratification of the Convention .

The Convention was signed in Yerevan on December 26, 2024, by the Minister of Finance of Armenia Vahe Hovhannisyan and the Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Armenia Aoki Yutaka.

It was noted that the document will create opportunities for  stimulating entrepreneurial activity in both countries, promoting  competitive conditions, favorable investment activities and a stable tax field for investors. The signing of the Convention will expand the turnover of goods and services between Armenia and Japan, facilitate the movement of capital, technology and people, as well as strengthen economic ties.