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Company formation in Armenia


 

company-formation

In determining if you wish to establish a limited liability company either a Closed Joint Stock   company in Armenia, you will want to consider many factors, from management structure to tax codes. In making this decision, you may want to consult with an expert attorney of our law firm.

This publication is designed to provide general guidance to those interested in organizing a limited liability company in Armenia.

       Regardless the fact whose property rights of spouses are registered toward the property, the property purchased during their marriage is considered to be the joint property of the spouses, unless otherwise provided by law or by the contract. However, spouses’ property is not considered joint, if each of them has received it as a gift or as a heritage.

   Public relations, which are arising from possession, management and use of joint property is regulated by the article 198 of the RA Civil Code.

   Especially highlighting the current problems in the implementation of the right to property management, herein we will focus on the 2nd and 3rd paragraphs of the article, as well as the comments of the Court of Cassation, which according to the Judicial Code Article 15 paragraph 4 are binding for the civil case hearings with similar factual circumstances.

adoption armenia

Adoption is a legal act according to which adopters and adopted obtain rights and obligations stipulated by  law for parents and children. The secret of child adoption is protected by law.
Adoption is allowed only with regard to children and proceeding from their interests, keeping the requirements of legislation, as well as taking into consideration the possibilities of complete physical, mental, spiritual and moral development of children.
1. A person willing to adopt should prove the ability to realize best interests of child.
2. Possibility to provide physical, mental, spiritual and moral development.
Adoption by foreigners- Adopters.

 .Applicable legislation

The Hague Convention of 29 May 1993 on Protection of Children and Co-operation in Respect of Inter-country Adoption (Hague Adoption Convention)

http://www.hcch.net/index_en.php?act=conventions.text&cid=69

Domestic legislation of Republic of Armenia.

 

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