Investment Support in Armenia

Investment Support in Armenia

Investing in Armenia presents promising opportunities across various sectors such as real estate, energy, agriculture, hospitality, technology, and industrial development. However, without proper legal due diligence and transaction oversight, even the most attractive investment can carry unforeseen risks.

At LSA, we provide full-scale legal support to investors—both local and international—helping them navigate Armenia’s legal landscape with clarity, precision, and protection. Our services are designed not just to assist but to strategically safeguard your capital, avoid future disputes, and ensure smooth legal execution of your business goals.

Why Legal Support is Essential for Investors in Armenia

Even in cases where transactions are executed in compliance with Armenian law, including notarization and official state registration, risks still remain. For example, in real estate dealings, there have been court cases where:

  • The buyer acquired property,
  • However, a third party, who had previously had claims to that property, filed a lawsuit,
  • As a result — even though the buyer was a bona fide purchaser — the court annulled their ownership right.

This type of legal risk highlights the importance of legal due diligence before entering into a transaction, especially when it involves the acquisition of real estate, shares, or companies. The same applies to the acquisition of shares or corporate participation: if proper due diligence is not conducted, hidden liabilities, undisclosed debts, or internal conflicts may arise after the transaction.

Our Core Investment Legal Services in Armenia

We provide a comprehensive package of legal services tailored to the type and size of the investment. Our support covers every stage—from project evaluation to contract signing and post-deal risk management.

1. Contractual Risk Assessment

Before signing any agreement—be it a purchase contract, shareholder agreement, or lease—we conduct a thorough legal review of:

  •  Key clauses that may disadvantage our client
  • Ambiguous or conflicting terms
  •  Exit conditions, liabilities, and penalties
  • Conditions tied to third-party approvals (e.g. banks, regulators)
  • Tax and compliance obligations under Armenian law

We offer detailed legal opinions to protect your position and negotiate modifications where needed. 

2. Due Diligence of Property and Legal Documents

Our due diligence process includes a multi-layered verification of the asset or business you intend to purchase:

  • Confirming legal ownership and title chain
  • Identifying encumbrances such as mortgages, liens, or unresolved claims
  • Reviewing construction and use permits (in case of real estate)
  • Checking legal standing of the seller and the asset in court databases
  • Inspecting historical tax or utility debts tied to the property

We work with official sources including the State Cadastre, Judicial Acts Registry, Business Register, and Tax Authority to collect reliable data.

3. Solvency and Background Checks on Sellers or Business Partners

Entering into deals without understanding the financial and legal status of the other party is a high-risk move. Our lawyers conduct:

  • Full background checks on the seller or shareholder
  • Verification of bankruptcy records, insolvency proceedings, and court disputes
  • Financial solvency evaluation based on public and commercial data
  • Identification of politically exposed persons (PEPs) or sanctioned entities

This process ensures our clients avoid signing agreements with parties who may become financially unreliable or legally entangled.

4. Analysis of Financial Transfers and Source of Funds

Many investments involve cross-border or high-value transactions. We ensure full compliance with Armenian financial regulations and anti-money laundering laws by:

  •  Reviewing the source and purpose of the funds
  •  Verifying the sender and receiver details for transparency
  •  Advising on documentation needed for bank approval and regulatory filings
  •  Structuring payments in a legally sound manner (e.g., escrow accounts, phased payments)

Our legal-financial experts collaborate closely with Armenian commercial banks and regulators to ensure a smooth and compliant transaction process.

5. Representation in Negotiations

We act as your legal representative throughout negotiations to:

  •  Secure more favorable terms in contracts
  •  Ensure your legal and financial interests are not compromised
  •  Translate legal language and summarize deal terms for better understanding
  •  Draft or amend letters of intent, memorandums of understanding, and binding contracts

Types of Investments We Support

  •  Real Estate: Land, commercial and residential buildings, hotels, development projects
  •  Equity/Share Purchases: Buying shares in Armenian companies, including LLCs and JSCs
  •  Startups and Tech Ventures: Structuring shareholder agreements, IP rights, and licenses
  •  Greenfield Projects: Legal set-up and compliance for manufacturing and agriculture
  •  Joint Ventures: Negotiation, risk-sharing agreements, partner due diligence
  •  Franchise Expansion: Contract analysis and local adaptation for franchise operations

Legal Support Across Armenia

Our firm provides services not only in Yerevan, but also in:

  •  Gyumri
  •  Vanadzor
  •  Dilijan
  •  Ejmiatsin
  •  Hrazdan and other cities

We are also experienced in supporting diaspora investors and foreign nationals, offering bilingual support in Armenian, Russian, and English.

Why Choose LAW AND STRATEGY ADVISORS?

  •    10+ years of experience in investment law and transaction support
  •    A team combining certified lawyers, financial analysts, and compliance specialists
  •    Customized support for private individuals, businesses, and institutions
  •    Proven track record in high-value real estate and equity transactions
  •    Transparent process with regular reporting and updates
  •    Representation before notaries, banks, registries, and courts

Our Specialists

Tatevik
Tatevik Malkhasyan
  • Director of the company, Attorney
Arsen
Arsen Sardaryan
  • Managing Partner, Attorney, PhD in Law
Nahapet Sukiasyan
  • Head of the Corporate Department
Arpine
Arpine Gevorgyan
  • Corporate Department Lawyer, Attorney
Kristina
Kristina Sardaryan
  • Corporate Department Lawyer, Attorney, PhD in Law
Vigen
Vigen Malkhasyan
  • Financial Consultant

Latest Related Cases

tatevik
Illegitimacy actions of the border troops of the National Security Service of the Republic of Armenia were recognized as illegal
clinic-Haybusak-Llc-against-Art-Profiles
The rights of our client “Haybusak Clinic” JSC were restored in the field of business
decision-regarding-deportation
The decision of the RA Administrative Court regarding deportation has been completely overturned
lsa-law-firm-secures-3690000-amd-judgment-for-clinic-haybusak-llc-against-art-profiles-llc-in-yerevan-civil-court
LSA Law Firm Secures 3,690,000 AMD Judgment for “Clinic Haybusak” LLC Against “ART PROFILES” LLC in Yerevan Civil Court

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"