Running a business in Armenia requires more than commercial intuition and strong partnerships - it also requires legal awareness and proactive risk management. If you operate a business in Armenia or plan to enter the Armenian market, understanding common legal mistakes can help you avoid costly disputes and protect your company’s growth.

Confido Advisory is proud to strengthen its international presence through close cooperation with the German Professional Services Alliance (GPSA) and Rödl. These partnerships reflect our shared commitment to delivering integrated, high-quality advisory services across legal, tax, and business process outsourcing disciplines.

Corporate Social Responsibility is an important part of Confido Advisory’s strategy. By promoting the educational development of future generations, our Co-Founder, Marine Mirijanyan, recently participated in a mentorship program and today shares her experience with us. "Mentorship is not just about transferring knowledge - it’s about being there for someone who shapes their professional path. It's about supporting and encouraging them when they need it most." - Marine Mirija

Starting a business is an exciting yet challenging endeavor, and for many entrepreneurs in Armenia, the startup journey can come with its own unique set of obstacles. With a growing entrepreneurial ecosystem, Armenia offers significant opportunities, but many new businesses still face common hurdles. In this article, we’ll explore the five most frequent mistakes startup businesses make in Armenia and how to avoid them. 1. Ignoring Legal Compliance & Intellectual Property Prot

In today’s dynamic business environment, building strong teams is not just a necessity but a strategic advantage. Whether you’re a growing startup or a well-established organization, the strength of your team can determine your success. Building strong teams starts with one of the most critical processes: hiring. Why Hiring Matters More Than Ever Hiring is more than filling vacancies; it’s about finding the right people who align with your organization’s culture, values, and

In brief The RA Labor Code was supplemented with Chapter 13.1 "Digital system of concluding employment contracts". New amendments to the labor legislation envisage not only the digitalization of signing, amending and termination of new employment contracts, but also extend to the digitalization of previously concluded employment contracts and any agreements attached to them.   This comprehensive approach ensures that both current and past employment agreements are integrated

With the aim of fostering the development of the high-tech sector in Armenia and following a comprehensive study of best practices from over 20 countries, the National Assembly of the Republic of Armenia adopted Law No. HO-498-N on State Support for the High-Tech Sector on December 4, 2024." The key objectives of the Law are as follows: Enhance the competitiveness of Armenia’s high-tech sector, Attract skilled professionals and new talent, Invest in the continuous upskilling

In today’s fast-paced business world, companies are constantly looking for ways to stay ahead of their competitors. Outsourcing has always been considered a cost-cutting strategy, but in recent years it has evolved into an opportunity to leverage global expertise and cutting-edge technologies. Armenia is rapidly emerging as a destination for outsourcing services, especially for companies seeking high-quality and cost-effective solutions in accounting, tax, legal, and human re

The legal field is changing rapidly. New technologies, changing client needs and global events are all making a big impact on how legal...

In today’s fast-paced and ever-evolving workplace, feedback has become one of the most important tools for both employee development and...