ArmeniaFund

Gains on selling shares and investment fund units in Armenia are not taxed

Income from selling shares, investment securities and investment fund units is exempt. Dividends are taxed at 5%, and dividends on shares listed in Armenia are exempt. Under Law HO-385-N of July 28, 2026, dividends on unlisted bank shares are taxed at 15% from February 1, 2027.

What this changes in the calculation

A fund in Armenia: 0%.

Source: KPMG
Status: verified
Published: October 30, 2026

Calculate an apartment in Armenia

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