Mkhitar Hayrapetyan: 900 R&D specialists benefit from 10% income tax  rate

ArmInfo.  Approximately 900 researchers involved in Research and Development (R&D) programs in Armenia are now subject to a reduced 10% income tax, down from the  previous 20%, as reported by Armenian Minister of High-Tech Industry  Mkhitar Hayrapetyan on his Facebook page. According to him,  there  are currently 67 organizations in the country implementing  approximately 80 distinct R&D projects.

"R&D programs are one of the key drivers of the modern economy,  promoting innovation, technological progress, and enhancing long-term  competitiveness. The legislative initiatives adopted in Armenia in  2025 demonstrate that the state attaches strategic importance to R&D  activities, viewing them as a fundamental element of economic growth,  high-tech development, and the improvement of the investment  climate," the head of the department said.

Hayrapetyan recalled that current regulations also provide for  accelerated depreciation for fixed assets acquired through R&D, but  for no less than one year, allowing companies for a faster return on  investments. Companies can also deduct 200% of specialists' salaries  from taxable profits, effectively doubling the tax benefit from  payroll expenses.