VAT in the private home construction and renovation market

#vat #armenia #construction #economy #realestate

We think these are just two main reasons which are enough to completely exclude the VAT from this market.
1. With the current lamentable condition of housing in Armenia (especially in Yerevan), where about 80% of the buildings are in a state ...

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Dealing with Construction Permits in Armenia

#law #armenia #construction #economy

This section looks at the procedural requirements for building a standardized warehouse in Armenia.
The country data appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant t...

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Construction without legal contract

#armenia #crime #economy #construction

As we have already noted in the article on 20% VAT excluding, today almost the entire market of private home renovation, as well as the most part of home new construction is in shadow market; i.e. we build and renovate our houses, substantially incre...

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South Korea's all-time year record

#powerplant #southkorea #energy #construction

As Bloomberg reported, South Korean companies expect to win record plant orders overseas this year. The total amount of contracts for the construction of power plants, floating production facilities and refineries can over $60 billion. About 72% of t...

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Construction and renovation in Armenia

#armenia #construction #architecture

If you are a civilized one, then, certainly, no! But don't give a negative answer, since it does not make you as such...
In the existing situation of almost complete shadow home construction and renovation, when companies have to conduct works...

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