How to apply?

The steps below must be completed after clicking the "Continue" button:

• after identification, select the type of declaration, either for a subsoil user or a general type, and then enter the company's state registration number.

• after logging in, select the appropriate one from the "Organization", "Real Beneficiaries", "Listed Participants" or "Intermediate Participants" sections and fill in the required fields (personal data of the organization's real beneficiaries and the grounds for being an actual beneficiary will be required).

In case of having a foreign beneficial owner, it is necessary to:

• attach a copy of the beneficial owner's identity document, translated into Armenian and certified by a notary
• in the "SSN" field, fill in the number equivalent to the SSN used in the given country
• in the case of a legal entity with foreign registration, when filling in the data of the listed participants, provide its registration data in the given country, add the data of the stock exchange and the registration code of the organization there and provide a link to the documents available on the exchange
• if the company's shares are listed on multiple stock exchanges, it is necessary to indicate the data for other exchanges using the "Add" button.

Requirements 

• To submit the declaration online, you must have "YesEm" identification, either with an identification card or a mobile ID SIM card.
• After filling in the required information in the declaration, the generated document must be validated with a digital signature and uploaded to the system.
• If it is impossible to complete the form online, a paper version of the completed declaration must be physically submitted to the State Register of Legal Entities Agency.

Payment amount and procedure

No state fee is established for submitting the first declaration regarding beneficial owners.

In the case of a declaration submitted on the basis of a change in data regarding beneficial owners, the state fee is 10,000 AMD.

Attention
Failure to submit information on beneficial owners within 40 days after state registration of a legal entity will result in administrative liability, first in the form of a warning, and then in an administrative fine of up to 100,000 AMD.

Reference to legislation

RA Law "On State Registration of Legal Entities"

Law can be found on arlis.am