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 ...

The question, may be, doesn't need any comment. Just mention high interest rates of mortgage lending in Armenia (12%-18%). They are slightly lower than in Russia, for example, but much higher than in developed countries. The unpopularity of mortgage ...

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...

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...

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...