Obligatory stamp duty is a monthly payment of 1000 drams made to the state budget obligatorily by each employed person in Armenia. The obligatory stamp duty is paid to ensure the families of soldiers who died while on active duty or were injured receive monetary compensation.
For details on who is obliged to pay obligatory stamp duty, as well as on cases of reimbursement of paid stamp duty please visit the “Obligatory Payments” page.
The obligatory stamp duty is paid to the state budget by your employer from your salary.
Sole entrepreneurs, notaries and persons not considered tax agents that are registered and operate in Armenia are responsible for making their own obligatory stamp duty payments to the relevant treasury account.
Obligatory stamp duty payments must be transferred to “Stamp Duty Payments” treasury account # 900005001186 opened by the Ministry of Finance. The recipient of payment must be the State Revenue Committee. And the purpose of the transfer must be listed as Insurance Foundation for Servicemen.
Details on the procedure and terms of obligatory payments can be found here.
No, no reports must be filed when paying the Stamp Duty
Sole proprietors pay the Stamp Duty by transferring 12000 AMD yearly to the Treasury.
Sole proprietors do not pay the Stamp Duty if they have not received income that year.
If you have more than one employee the Stamp Duty will be deducted from your salary by each of your employers. However, every year during the months of January and February, you can file an application for a refund and present it to the Foundation along with proof from Tax officials of having overpaid your Stamp Duty. Within 2 days of receiving the application the Foundation will make the refund.
See details here.
If you receive minimum wage, you are not obliged to pay Stamp Duty, so it will not be deducted from your salary, your employer is obliged to pay the Stamp Duty in your place.
If your hourly wage does not exceed the minimum hourly wage, than you are exempt from Stamp Duty and your employer will pay in your place. If however, your hourly wage exceeds the minimum hourly wage you must pay stamp duty, even if your monthly this amount does not exceed the minimum monthly wage.
See details here.
Families of soldiers in undergoing obligatory military service must pay the Stamp Duty, however, in the months of January and February of each year they can request a refund from the Foundation, by filling in this application and by providing proof from the MoD that their son has been providing military service that year, as well as documents from Tax Authorities showing the amount that must be refunded.
This priviledge only applies to families of soldiers undergoing the 2 year obligatory military service.
In case of death or disability, the body where the soldier has served will determine whether the death or disability occurred as a result of military service. If it is determined that the death or disability occurred as a result of military service, then the Foundation will make the compensation when Compensation Beneficieries present an application for compensation and supporting documents to the appropriate state body. Within 1 month after receipt of the application, the appropriate body will ask the Foundation to make the compensation – specifying the amount to be compensated as well as the Compensation Beneficiaries. The Foundation will then provide the compensation.
Stamp duties must be paid to the following account number of the RA Treasury: 900005001186.
For donations the Foundation’s bank accounts are the following:
Armenian Dram: 103008661003
US Dollars: 103008661011
Russian Rubles: 103008661581