Letting an apartment in Armenia: 10% on the whole amount and another 10% on the part above AMD 60 million a year
The 10% rate on rental income has applied since January 1, 2020 (Article 150(7) of the Tax Code), with another 10% on the part of annual income above AMD 60 million. A letting must be reported within 5 days; the fine is 5% of the cadastral value (no more than AMD 500,000). From June 1, 2027 the same rates apply to letting through a manager (Law HO-391-N). The annual return for 2025 is due by November 1, 2026; for 2026 and later years, from March 2 to July 1 of the following year.
What this changes in the calculation
Nothing; the Armenian rate matches.
- Status
- verified
- Published