To obtain the qualification, it is necessary to take the public sector accountant qualification exam physically.
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State support program
Agriculture
Obtain leasing for agricultural and food sector equipment
The program aims at providing agricultural and food sector businesses with equipment with affordable conditions.
Equipment used in livestock breeding, crop production, cold-storage facilities, and other agri-food activities are provided through leasing agreements.
Who can apply?
Individuals, individual entrepreneurs, legal entities engaged in agriculture
Application duration
30 minutes
About the program
Within the scope of the program, the following types of support are provided:
- 10% compensation for leasing provided in AMD and 6% for leasing provided in foreign currency.
- For businesses operating in socially supported regional communities: compensation of 12% (AMD leasing) and 7% (foreign-currency leasing), if the purchased equipment is going to be used in those communities.
- Compensation of 12% (AMD) and 7% (foreign currency) for purchasing mobile or modular slaughterhouses, if they are going to be used in communities approved by regional governors.
- For fish-farming businesses: compensation of 50% of the required 20% down payment when purchasing equipment for alternative water-use systems (up to 6 million AMD).
- For businesses producing green fodder through hydroponic systems: compensation of 80% of the 20% down payment (up to 4 million AMD).
- Until December 31, 2025, compensation of 80% of the required 20% down payment for mobile or modular slaughterhouses, if they are going to be used in communities approved by regional governors.
During the leasing contract period, the leased equipment must be insured against damage and loss at the expense of financial institutions.
Requirements
To receive the support, applicants must:
- Choose the type of equipment and the manufacturer or supplier.
- Apply to any bank or credit company participating in the program.
- If the applicant meets the financial institution’s creditworthiness requirements, pay the 20% down payment and sign the leasing agreement.
Required documents
The required documents vary depending on the chosen bank or credit organization.
Delivery period and procedure
The leasing contract can be signed for a period of up to 5 years.
After signing the contract, the financial institution orders the equipment and provides it to the applicant under the leasing terms.
No maximum interest rate is set for leasing.
A grace period of up to 3 months can be applied for the principal amount. Upon request, financial institutions may also grant payment breaks of up to 6 months per year.
Legal reference
- Government Decision No. 893-L, dated July 19, 2018
- Government Decision No. 1394-L, dated August 29, 2024
Legal acts can be found on arlis.am (make sure to read the latest version of the act).
For technical support:
Phone number:
(+374) 11 59-72-06
Service Provider
Ministry of Economy of the RA
Who can apply?
Individuals, individual entrepreneurs, legal entities engaged in agriculture
Application duration
30 minutes
For technical support:
Phone number:
(+374) 11 59-72-06
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