How to Open a Business Bank Account in Armenia for Sole Proprietors and LLCs


Opening a business account in Armenia is a key step for managing payments and running a company. The process is simple and available to both locals and foreigners.

Required documents

  1. Passport;

  2. Social card;

  3. Completed bank application form.

    Additional documents for foreigners

    Banks often request:

    • Passport translation into Armenian;

    • Proof of address in Armenia (lease agreement or registration);

    • Armenian phone number;

    • Tax certificate (2-NDFL or equivalent);

    • Business contracts (Russia, Armenia, EU, USA);

    • Bank account statements;

    • Business activity description

      Procedure

      1. Appointment at the bank;

      2. Filling out the form;

      3. Interview with manager;

      4. Document submission;

      5. Application review;

      6. Account approval and card issuance.

        Remote account opening

        Some Armenian banks allow remote account opening with a notarized power of attorney and video identification.

        Timeframes and costs

        • 2–7 working days for approval;

        • 2–3 days for card issuance;

        • Fees depend on the bank.

          Popular Armenian banks

          Ameriabank, Ardshinbank, Acba Bank, Inecobank, Converse Bank.

          Our services

          Delta Consulting provides:

          • Business bank account opening in Armenia;

          • Remote support for foreigners;

          • Tax and accounting consulting;

          • Legal assistance for entrepreneurs from Russia, EU, CIS, and USA.

          📞 Contact us today to open your Armenian bank account hassle-free.

Free consultation