Accounting and finance

Accounting and finance

What separates our accounting services from traditional firms in Armenia? Simple—our team includes both certified accountants AND experienced lawyers working together to protect your financial and legal interests. This powerful combination provides something standard accounting services in Armenia simply can’t match: comprehensive protection on all fronts.

Running a business in Armenia presents unique financial challenges. From complex regulatory requirements to language barriers in documentation, managing your company’s finances requires specialized knowledge and expertise. At LSA, we understand these challenges and offer tailored solutions to help your business thrive.

Our accounting services in Armenia are designed for businesses of all sizes and structures, including joint-stock companies, limited liability companies, production cooperatives, foundations, and non-governmental organizations.

Comprehensive Accounting Services We Provide

We understand the unique challenges of business accounting Armenia companies face in today’s regulatory environment.  Our accounting services cover every aspect of financial management your business needs:

1. Business Establishment and Compliance
Our business registration service in Armenia simplifies the process of establishing a company in the local market. We provide:

  • Company registration with all relevant authorities
  • Tax registration and establishment of a compliance system
  • Formation of the initial financial structure
  • Regular financial reporting

2. End-to-End Accounting Services
Our finance & accounting services include comprehensive daily financial management:

  • Accounting using ArmSoft
  • Preparation of financial statements
  • Monitoring of bank transactions and cash flow management
  • Accounting for receivables and payables, fixed assets, income, and expenses
  • Management and storage of paper and electronic documentation
  • Regular financial reporting

For long-term cooperation, we offer our regular clients valuable services at significantly reduced prices while maintaining the highest quality standards.

3. Tax Services and Compliance
Through our tax advisory service, organizations can optimize their tax obligations while ensuring compliance with the current legislation of the Republic of Armenia.

  • Tax planning and strategy development
  • Preparation and submission of tax declarations
  • VAT accounting and reporting
  • Monitoring of tax payments and scheduling
  • Representation during tax audits
  • Preparation of responses to inquiries from tax authorities
  • Documentation for regulatory inspections

4. Import/Export Financial Documentation
We manage all financial aspects of international trade:

  • Import/export documentation preparation
  • Customs duty calculations and payments
  • VAT refund services for eligible transactions
  • Currency control compliance
  • International payment processing

5. Payroll and Financial Services
Our payroll services ensure accurate and timely payments in compliance with labor legislation, including:

  • Salary calculation and transfers
  • Tax withholdings and reporting
  • Social contributions
  • Development of financial terms in employment contracts

6. Dividend Management
Our specialists provide support in the resolution of financial disputes, including:

  • Settlement of disputes with tax authorities
  • Financial procedures for labor-related disputes
  • Preparation of financial documents required for legal proceedings
  • Financial expert opinions, if necessary

7. Strategic Negotiation Support
During complex negotiations, our combined expertise in accounting and legal matters becomes invaluable:

  • Development of strategies for meetings with tax authorities
  • Preparation of documents to support negotiations
  • Professional representation during negotiations
  • Management of tax dispute resolution processes
  • Mediation between businesses and regulatory authorities

8. Legal Protection
Our attorneys have extensive experience in resolving tax disputes that are critical for Armenian businesses when facing challenges from the authorities. We provide:

  • Representation in administrative tax cases
  • Defense against the artificial criminalization of tax matters
  • Appeals in administrative and criminal courts
  • Protection against unlawful tax practices
  • Restoration of violated rights through legal proceedings

Overcoming Common Challenges

Businesses in Armenia face unique challenges that our finance experts are equipped to help you overcome:

For Local Businesses:

  • Limited Market Size: We help optimize financial operations to maximize profitability within Armenia’s market constraints.
  • Access to Financing: Our financial documentation and reporting services improve your ability to secure financing.
  • Regulatory Compliance: We ensure full compliance with ever-changing local regulations.

For Foreign Companies:

  • Language Barriers: Our bilingual team bridges the gap between Armenian financial documentation and your management team.
  • Cultural Differences: We help interpret local business practices and financial expectations.
  • Dual Reporting Requirements: We provide reporting in compliance with local legislation as well as the reports required by the international parent company.

Why Partner with LSA LAW?

When you choose LSA LAW for your accounting needs in Armenia, you gain:

  • Integrated Expertise: Both accounting professionals and experienced lawyers working as one team
  • Preventive Approach: Identifying potential issues before they become problems
  • Comprehensive Protection: From routine accounting to complex legal defense
  • Cost Efficiency: Attractive rates for long-term partnerships
  • Peace of Mind: Knowing your financial and legal interests are protected by experts

Long-Term Partnership Advantages

We believe in building lasting relationships with our clients. Our long-term accounting service contracts offer:

  • Discounted rates for ongoing services
  • Deeper understanding of your business over time
  • Consistent financial management approach
  • Proactive planning and strategy development
  • Priority support during critical financial periods

Our Specialists

Susanna
Susanna Pambukchyan
  • Chief Accountant
Vigen
Vigen Malkhasyan
  • Financial Consultant

Latest Related Cases

In the criminal case concerning the fire at the military barracks in Azat village and the death of servicemen, the preventive measure of detention imposed against Gor Aghekyan, the deputy commander for rear services of the military unit, was modified by the court, and the accused was released from the courtroom.
Edgar_Gurgen
The charge against one of the two defendants accused of group murder was dismissed, while the charge against the other defendant was changed from murder with severe circumstances to simple murder. The defendant who had been in detention for more than two years was released from detention.
two corruption cases
The prosecutor decided not to prosecute two corruption cases involving a former high-ranking official, leading to our client’s acquittal, as reviewed by the Anti-Corruption Committee.
arabkir-Municipality
The Anti-Corruption Court of the Republic of Armenia rejected the motion for arrest filed by our client

Frequently Asked Questions

How can you separate your share in shared property?
The common property between the participants of shared property can be divided by agreement between the shareholders on the means and conditions for separating the share, or in the absence of an agreement - by court order. The separating owner can demand that the other participants of the shared property pay the value of his share. Instead of separating the participant's share in shared ownership in-kind, the other owners can pay compensation to that participant with the consent of that participant. In case of the obvious inexpediency of dividing the common property or separating a share from it, the court may rule on selling the property at public auction and subsequently distributing the proceeds among the participants of common ownership in proportion to their shares. The joint property can be divided between co-owners by their agreement, or in the absence of an agreement - by court order.
What property is considered joint property of spouses and what property is subject to division in case of divorce? Can the joint property of spouses be seized for the obligation of one of the spouses?
The property acquired by the spouses during a marriage is their joint property unless otherwise provided by law or by an agreement signed between them. The property of each spouse before marriage, as well as the property received by one of the spouses as a gift or inheritance during the marriage, is their property. The property of each spouse may be recognized as their joint property if it is found that investments were made during the marriage from the common property of the spouses or the personal property of the other spouse, which significantly increased the value of that property (major repairs, reconstruction, re-equipment, etc.) unless otherwise provided by an agreement signed between the spouses. The obligations of one of the spouses may be subject to seizure of the property owned by them, as well as his/her share in the common property of the spouses. In case of divorce, only joint property is subject to division between the spouses.
What rights does an acquitted defendant have and what damages are subject to compensation by the state?
An acquitted defendant has the right to demand compensation for damage caused by illegal criminal prosecution, application of coercive measures, conviction, as well as other illegal restrictions on rights or freedoms. As compensation, the acquitted defendant has the right to receive: 1. The salary, pension, allowance, or other income he was deprived of. 2. The damage caused by seizure, arrest, confiscation, or other disposal of property. 3. The expenses incurred as a result of being in custody. 4. The fee paid to a lawyer. 5. The paid procedural costs. At the request of the acquitted defendant, the body that initiated the criminal prosecution must present public apologies to him/her. Non-pecuniary damage is also subject to compensation, regardless of the pecuniary damage subject to compensation and regardless of the guilt of an official in causing the damage.
What to do if you are illegally dismissed from work? How to protect labor rights?
The rights of both the employer and the employee are protected in the Republic of Armenia. If you have been notified of dismissal from work on the employer’s initiative, first demand an individual act on termination of the employment relationship. The employment relationship is not considered terminated until the individual act on your dismissal is provided to you in the prescribed manner. Labor legislation and other normative legal acts regulating labor relations establish a special procedure for terminating employment relations, non-compliance with which or violations committed by the employer during the process may serve as grounds for declaring the termination of the employment relationship illegal. To protect your labor rights in such situations, consult with a labor relations lawyer. Remember, the legislation establishes deadlines for administrative and judicial protection of labor rights, failure to meet them without a valid reason may deprive you of the opportunity to protect your rights.
Testimonials

See What Our Happy Clients Say

Within the framework of various cases, we have collaborated with the “LSA” law firm, and each time we have received effective and accessible consultation, and prompt responses for resolving issues of any complexity.
Tigran

Tigran Karapetyan

Director "SOFT PAPYRUS" HYGIENE PRODUCTS MANUFACTURING COMPANY
The law firm “LSA” stands out with its skills in providing innovative proposals and solutions to resolve issues. Our company highly appreciates the work done by the law firm “LSA”, taking into account the high-quality legal services provided to us by them in the field of intellectual property rights protection.
Narek

Narek Ter-Avetisyan

Director "SMART PRODUCTION" LLC
I had the pleasure of working with Saradaryan and Partners LSA, specifically Arsen Saradayan and Tatev Malkhasyan, for my real estate transactions, and I couldn’t be happier with their services. They were incredibly knowledgeable, professional, and dedicated throughout the entire process.
Firas

Firas Georges

Investor from UAE
We have been using LSA company’s legal and accounting services for almost two years now. We are impressed by the high qualifications of the lawyers, the excellent level of service, and the responsiveness of the employees.
Konstantin

Konstantin Gorshkov

Mentat IT Group
By contacting the LSA law firm for various legal issues, I have consistently received quick and effective solutions, and I have also had the opportunity to benefit from their judicial defense and achieve victory.
Vahe

Vahe Ghazaryan

CJS"EUROTERM" CJSC General Manager
I have been effectively collaborating with “LSA” law firm, particularly with Arsen Sardaryan, for a year and a half now. I highly appreciate Arsen Sardaryan’s professional skills and professionalism. I am confident that our effective cooperation will continue at the same high level.
Jalal

Jalal Harutyunyan

Former head of the military control service of the RA Ministry of Defense
I have been working with LSA Law Firm for quite long time now. They are top-level professionals—dedicated and skilled. I can highlight two things about LSA: excellent service and high professionalism.
Samvel

Samvel Sinanyan

General Director of the “ADVENTURES” Travel Agency
In the provision of legal services, it is important for a company to not only be professional but also to communicate effectively, understand the client, and be committed to helping. The “LSA” law firm stands out precisely for this approach—a combination of professionalism and effective communication—which left a strong impression on me. They are always focused on understanding and resolving even the most complex issues.
Vahram

Vahram Mirakyan

Founder and Director of “Mantashyants Entrepreneurs’ Club” CJSC
Extremely experienced and highly skilled lawyers with a strong track record of successful cases. Their consultation was outstanding; they are honest and realistic, never overpromising or taking on a case unless they are confident in their ability to achieve a positive outcome.
karen

Karen Khondkaryan

Co-founder of “Ardos Media” LLC
I use the services of LSA Law Firm and must say that I am impressed by their high-level professional approach and efficient working style. The clear and practical advice provided by the company offers precise solutions to any complex issue in a short time. Without a doubt, I highly recommend LSA as an experienced and reliable legal partner in Armenia.
karapet

Karapet Tumanyan

Director of “DEMO DREAMS CONSTRUCTION” LLC
I'm impressed with the excellent service from LSA law firm in handling my lawsuit. Mr. Sardaryan and Mrs. Malkhasyan showed exceptional analytical skills and integrity throughout. Their communication and responsiveness were outstanding, keeping me well-informed and addressing my questions promptly. I highly recommend this firm for legal assistance in Armenia.
adam

Adam Bdoyan

CEO of charging station company "NYTSTND"