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    Categories: 2019

130 startups request tax privileges from government

130 startups request tax privileges from government

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10:05, 5 August, 2019

YEREVAN, AUGUST 5, ARMENPRESS. Around 130 high-tech startups have applied to the Government of Armenia to be granted tax privileges, Prime Minister Nikol Pashinyan said on Facebook.

“The 89 companies which were granted privileges so far will until 2020 open around 800 workplaces with high remuneration – an average of 1000$ a month. Around 20% of the companies were founded by repatriates who have returned to live and work from the USA, Netherlands, Russia, Switzerland, France, Finland, Austria, Georgia and Malta,” he said.

Edited and translated by Stepan Kocharyan




Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS