ArmGate Advisers

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Joined

May, 2024


Membership Type

Gold Membership

ArmGate Advisers


ArmGate Advisers is a leading consulting firm specializing in providing comprehensive accounting and legal services tailored to meet the diverse needs of businesses. Our expertise spans across three key jurisdictions: Armenia, Spain, and the USA, ensuring that our clients receive top-tier support regardless of their geographic location. Our dedicated team of professionals is committed to delivering customized solutions that drive business success and compliance.

Core Services

Business Setup: ArmGate Advisers excels in assisting clients with establishing their businesses in Armenia, Spain, and the USA. Our end-to-end service covers everything from entity formation and registration to navigating regulatory requirements, ensuring a seamless entry into new markets.

Accounting Services: Our comprehensive accounting services include bookkeeping, financial reporting, payroll management, and auditing. We utilize the latest technology and industry best practices to provide accurate and timely financial information, helping businesses maintain financial health and transparency.

Tax Advisory: Navigating the complex landscape of international taxation can be challenging. ArmGate Advisers offers expert tax advice in various jurisdictions, helping businesses optimize their tax strategies, ensure compliance, and minimize liabilities. Our tax professionals stay abreast of the latest tax laws and regulations to provide up-to-date and effective solutions.

Social Responsibility

At ArmGate Advisers, we believe in giving back to the community and fostering social change. One of our notable social projects focuses on supporting women from Artsakh, a region affected by conflict. We provide these women with employment opportunities and assist them in social integration, helping them rebuild their lives and achieve financial independence. This initiative reflects our commitment to social responsibility and our belief in the power of business to drive positive societal impact.

Founder & CEO

Azatyan Maria


Contact


APAGA charitable foundation

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Joined

April 2024


Membership Type

Bronze Membership

APAGA charitable foundation


“APAGA” charity foundation has been implementing health, social, cultural and educational programs across the entire territory of the Republic of Armenia since 2019, aiming to contribute to the comprehensive and long-term resolution of the key issues within these domains. “One step from education to work” is foundation’s new educational program is This initiative aims to assist students in securing professional employment, fostering stable income and a promising future. The program aims to support students in their final year of education through a multifaceted approach. Firstly, it offers significant financial relief by compensating 80% of tuition fee for a duration of one year, subject to students meeting certain criteria. The program enables students to become familiar with work and business processes directly within partner organizations for a duration of five months. Ultimately, the program gives students an opportunity to develop valuable practical and theoretical skills, subsequently leading to employment in the given organization for a minimum duration of six months. “APAGA” is one of the leading charity Foundations on the territory of Armenia, being well-known amongst the society.

Executive Director

Roza Solomonyan


Contact


Sigma Law Group

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Joined

June 2024


Membership Type

Bronze Membership

Sigma Law Group


Sigma Law Group is a forward-thinking legal consultancy firm dedicated to delivering exceptional services in law and legal research. Our team of distinguished legal professionals possesses extensive knowledge and expertise, underscoring our proven track record of successful engagements. Specializing in the design and implementation of public infrastructure development projects, we provide expert consultations to enhance public administration and offer strategic guidance on dispute resolution mechanisms. Additionally, Sigma Law Group excels in designing and executing projects aimed at improving judicial processes, alternative dispute resolution mechanisms, and other public services.

Our collaborative efforts extend to international organizations, government agencies, and non-governmental entities. We actively contribute to legal reforms, enhance judicial systems, and facilitate the implementation of legal and policy initiatives. Our firm’s services cover a broad spectrum of public and private law, with particular specialization in corporate law, commercial arbitration, private international law, mediation, administrative law, tax law, electoral law, labor law, and competition law. Sigma Law Group provides comprehensive legal services, including negotiations, consultations, legal opinions, reconciliation, judicial representation, and more.

Sigma Law Group’s legal advisory office is renowned for its expertise in improving justice systems and establishing the rule of law. We have successfully implemented numerous programs in collaboration with international organizations such as the World Bank Group, ADB, UNDP, the European Union, the European Commission, and USAID, significantly contributing to the development of Armenia’s justice system. Our office is dedicated to high-quality results, striving to make legal services more efficient, flexible, and swift in the modern world. We approach problem-solving with will, strength, intelligence, and inner peace, ready to work tirelessly to achieve desired outcomes.

As a law firm, Sigma Law Group is committed to building long-term relationships with clients based on trust and the highest standards of professional ethics. By providing top-tier legal services, we aim to redefine the role of a law firm in an emerging regional market, delivering exceptional results for our clients.

Client Segments

Sigma Law Group serves a diverse range of clients, including international organizations, government agencies, non-governmental entities, and private sector clients. Our extensive expertise and comprehensive service offerings enable us to meet the unique needs of each client segment effectively.

Our Values

Fairness: We uphold the highest standards of fairness in all our dealings, ensuring equitable and just outcomes for our clients.
High Quality of Services: We are dedicated to delivering superior quality services, consistently exceeding client expectations.
Thoroughness: We approach every case with meticulous attention to detail, ensuring comprehensive and thorough legal solutions.

Managing Partner

Rafik Grigoryan


Contact


Global Credit

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Joined

May, 2024


Membership Type

Silver Membership

Global Credit UCO CJSC


GLOBAL CREDIT UCO CJSC is a universal credit organization registered according to Resolution No. 267A as of 26.10.2010 of the Central Bank of Armenia, established in consequence of amalgamation of WASHINGTON CAPITAL universal credit organization CJSC and CREDIT UNION universal credit organization CUSC, which also was enlarged as a result of “GLOBAL CREDIT” UCO CJSC and ‘GFC GENERAL FINANCIAL and CREDIT COMPANY UCO LLC union due to 09 decision of participants’ general meeting in 09.06.2014. Now the company is the legal consequent of “Credit Union”, “Washington Capital” UCO CJSC and “GFC General Financial and Credit Company” UCO LLC.

Being a universal credit organization the company carries out financial operations set by Armenian Law on “Credit Companies” and Charter in accordance to No. 35 License granted by the CBA.

The parent companies were mainly engaged in the following activities:

Credit Union Universal Credit Organization CJSC has basically promoted its activities in finance of legal entities and entrepreneur and consumer lending markets. Washington Capital UCO CJSC has been exclusively specialized in mortgage lending market of Armenia.

*GFC General Financial and Credit Company* UCO LLC was exceptionally specialized in RA agricultural loan market. Within the framework of financial activities set by Armenian law on Credit Organizations and the Charter the company carries out financing of legal entities and Individuals. Company provides online loans at any time of the day, anywhere. Loyal to its strategy and conducted policy the company joins and cooperates with a range of Institutions operating in Armenia.

In particular:

In the Mortgage lending market it cooperates with:

Armenian representation of “German-Armenian Fund Program Management Unit”, “National Mortgage” universal credit company. “Housing for Young Families” universal credit company. In the Agricultural loan market the company corporates with:

*RURAL AREAS ECONOMIC DEVELOPMENT PROGRAMME IMPLEMENTATION UNIT” OF THE MINISTRY OF ECONOMY OF THE REPUBLIC OF ARMENIA (“RAEDPIU” ME OF RA

Executive Director

Luiza Igraryan


Contact


COUNCIL FOR INTERNATIONAL BUSINESS RELATIONS SUPPORT

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Joined

April, 2024


Membership Type

Bronze Membership

COUNCIL FOR INTERNATIONAL BUSINESS RELATIONS SUPPORT


Since its inception in 2008, our organization has been steadfast in its commitment to fostering global business relations. 
Over the years, we have successfully executed over a thousand events, including exhibitions, conferences, and business meetings, not only in Armenia but also across various international borders. 
Our journey has evolved into a tapestry of accomplishments, with our goals becoming the stories of success. The agreements inked and connections forged with esteemed global business entities, associations, and government agencies have yielded positive outcomes. This, in turn, has enabled the expansion of international business connections and programs on an international scale, reaching countries such as the USA, Canada, Japan, China, France, Germany, Switzerland, Austria, Prague, Netherlands, Italy, Lithuania, Cyprus, Lebanon, Egypt, United Arab Emirates, India, and beyond. 
 
The Council for International Business Relations Support has prioritized ten key areas: 
1. Offering business development support and tools to companies in the Republic of Armenia. 
2.Conducting training in a diverse market with representation in 20 countries. 
3.Implementing measures and programs to promote exports and investments. 
4.Organizing annual international business bridges, conferences, and exhibitions worldwide. 
5.Providing business education courses. 
6.Arranging meetings, tours, and consultations for Armenian companies and educational institutions. 
7.Contributing to legislative reforms in tax and customs laws. 
8.Supporting domestic producers in aligning products with international standards. 
9.Offering Business consultation 
10 Offering Business consultation  services essential for US export certification. 
Beyond these initiatives, our Council engages in extensive activities in the media arena. 
We proudly publish the New Page magazine, curate our own “External Connections” and “Success Formula” programs, and host the annual international status “Countries under the one Roof” festival award ceremony, along with the “City of Dreams” charity festival. 
We are actively involved in charity programs, demonstrating a commitment to social responsibility. 
 
The successes achieved over the years have significantly contributed to the development of export and investment support. 
 We have garnered awards and certificates of appreciation from both state and international institutions, a testament to our dedication to excellence. 
 
We create guaranteed connections because, indeed, together we can achieve more. 
Year by year, we expand our geographical reach, continuously pursuing and developing international business connections. 
 
We express our heartfelt gratitude for your trust in us. 
Your trust obliges us to strive for more and provides new impetus for creativity. 

President

Mariam Manukyan


Contact


  • +374 91 111 297
  • RA, YEREVAN, NIKOGHAYOS TIGRANYAN BLIND ALLEY 12
  • ibrscouncil.com

Hayasa Hospitality Group

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Joined

February, 2024


Membership Type

Bronze Membership

Hayasa Hospitality Group


We are delighted to introduce Hayasa Hospitality Group to you.

Established in 2023, our projects include hotels and apartments in Armenia with a vision to provide high-quality accommodation and exceptional customer service to travelers visiting Armenia, while preserving its cultural heritage and natural beauty.
We strive to exceed our guests’ expectations with top-notch service, amenities, and facilities that cater to their needs and preferences.
Our first project Hayasa Hotel Yerevan opened its doors on December 4, 2023, and is situated at 54 Leo Street, right next to Saryan and Paronyan streets.
At Hayasa Hotel Yerevan we strive to be the first choice in the mind of guests and partners. We offer 88 modern rooms and suites with king sized, twin beds and connected rooms.
At present, we also offer seven apartments situated in the central hub of Yerevan under the brand Hayasa Apartments.

Upcoming projects include:

Hayasa Old Yerevan – opening in 2025

Hayasa Hotel Gyumri – opening in 2025

CEO, HAYASA HOSPITALITY GROUP

Theresa Baghdasaryan


Contact


Lawsuit Law Firm

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Joined

January 2024


Membership Type

Bronze Membership

Lawsuit Law Firm


Lawsuit Law Firm is a reputable law firm which offers a wide range of legal services to both individuals and businesses. 

With a deep understanding of the complexities of the legal relationships, the Lawsuit seeks to provide first-class legal guidance and support. 

One of the strengths of theLawsuit lies in its extensive experience in the field of Intellectual Property Law. The Lawsuit succeeds in protecting intellectual property rights by offering comprehensive legal solutions to protect patents, trademarks, copyrights, and trade secrets. 

In addition to intellectual property, the Lawsuit boasts a strong specialization in commercial and corporate law. The Lawsuit’s experienced lawyers assist clients in all stages of their business journeys: from company formation and contractual agreements to mergers and acquisitions. 

With a keen eye for detail and a profound grasp of corporate governance, the firm guarantees that businesses adhere to legal parameters, thereby optimizing their prospects for success. Another noteworthy aspect of the Lawsuit’s expertise is its professionalism in the field of retail and fashion law. Recognizing the unique legal challenges facing the industry, the Lawsuit provides individual legal support to retailers and the fashion industry. 

From the protection of trademarks and copyrights to the negotiation of licensing agreements, Lawsuit Law Firm ensures that customers in this sector can focus on their creative aspirations, while their legal issues are resolved unhindered. 

CEO & Managing Partner

Annie Davtyan


Contact


  • +374 33 799 339
  • Republic of Armenia, Yerevan, Buzand 15
  • http://www.lawsuit.am/

TEAM SOLUTIONS CJSC

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Joined

April, 2024


Membership Type

Bronze Membership

TEAM SOLUTIONS CJSC


We are a software development company focused on development of complex e-government and enterprise-level solutions that are aimed to enhance business productivity, automate processes to reduce operational costs and improve customer experience.

To ensure high quality of provided services, we undertake quality management for each product development including requirements management, product design, architecture and programming, quality assurance, documentation, and technical support.

We are a team of professionals with 10+ years of experience in main focus areas of the company, with a specific accent on tax administration and telecom domains.

Director

Tatevik Avagyan


Contact


  • +374 (33) 508 050
  • 24/1, Azatutyan ave., Yerevan 0014, Armenia
  • www.teamsolutions.am

Levon Travel Yerevan LTD

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Joined

February, 2024


Membership Type

Bronze Membership

Levon Travel Yerevan LTD


Levon Travel agency was established in 1958 in Beirut, Lebanon, and subsequently relocated to Los Angeles, California during the 1960s. In 1991, it made a significant move to Armenia, marking the first U.S. investment in the newly formed Republic of Armenia. Being one the oldest and best travel agencies in Armenia, Levon Travel has been providing travel services to both individuals and corporations.

Initially serving as the primary representative of KLM, the agency primarily focused on ticket sales. Over time, it was working with prestigious airlines like British Airways and Lufthansa that were starting their journey in the Armenian market.

Expanding its services, Levon Travel ventured into domestic tourism around 1995-96, introducing tourists to Armenia. The agency also directed its efforts towards outbound tourism and specialized in Meetings, incentives, conferences, and exhibitions tourism (MICE), organizing receptions, conferences, and other events.

Managing Director

Tsovinar Martirosyan


Contact


  • 37410525210 /+37491361291
  • 10 Sayat Nova Avenue, Yerevan, Armenia
  • www.levontravel.am

Nera Project

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Joined

February, 2024


Membership Type

Silver Membership

Nera Project


With a wide industry selection, Nera Project is your source for quality office furniture. Our products range from basic, value-priced, commercial-quality items to A grade designer pieces, custom collaborative workspace furniture solutions and everything in between. And we have styles that are just as unique as you are. Traditional, transitional, contemporary — whatever you’re looking for, we have the office furniture and products to
suit you.

We present world renown brands such as Herman Miller, Knoll, Vitra, Interstuhl, Impact Acoustics, Framery, Flokk, iGuzzini, Prolicht, Quadrifoglio and etc. We have furnished and provided solutions for Central Bank of Armenia, HSBC bank, Converse Bank, Adobe, Majorel, Xilinx, Marriott and etc.

By drawing on a range of turnkey planning and installation services, we can assist no matter what stage you are in with your project. Our office space designers specialize in everything from large multi-floor projects, which are highly configurable and complex, to help in selecting just the right furniture for your standards program. The designers at Nera Project are prepared to help you through every aspect of your project.

CEO

Margarita Nurijanyan


Contact


  • +37477105015
  • Republic of Armenia, Yerevan, Rubinyants 28
  • https://www.neraproject.com/