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Employer of record in Armenia

24 sourced figures on hiring in Armenia, drawn from 7 sources and normalized for comparison: statutory rules, employer cost and exactly what an EOR covers locally. Every figure is dated.

ISO AMRegion AsiaCurrency AMDLanguages ArmenianVerified 2026-10-16

Hiring here: straightforward, inexpensive to employ, and fast to hire via EOR.

cost of employment
LOW
0% employer social security, 18% corporate tax
ease of exit
MODERATE
4.3 weeks severance, 8.7 weeks notice
speed to hire
DAYS
27 EOR providers, from $199/mo
Employer burden rank
statutory employer burden: cost, severance, notice
#148 of 192
Each band is derived from the 24 sourced fields below and recomputed on every refresh. See the methodology.
Statutory snapshot

Employer of record in Armenia: the statutory snapshot

The headline employer costs, pay floor and worker protections for hiring in Armenia through an employer of record, each figure sourced and dated. 27 EOR providers cover Armenia.

Minimum wageAMD 75,000/moILOSTAT, 2024-01-01
Employer social security0%ISSA Country Profiles, 2024-01-01
Corporate tax18%PwC Worldwide Tax Summaries, 2026-06-30
Notice period8.7 weeksWorld Bank Employing Workers / B-READY, 2019-05-01
Severance4.3 weeksNational government, 2026-09-12
Annual leave (minimum, once eligible)20 daysNational government, 2026-01-01
Public holidays13National government, 2026-10-05
Maternity leave20 weeksNational government, 2026-09-12

As of 2026-10-16. Each value is the winning figure from primary and harmonized sources, resolved by a documented priority chain. Full record with provenance below.

Reading the data

What the figures say about Armenia

Employers in Armenia pay a 0% social security rate (ISSA, 2024), while employees contribute 5% (ISSA, 2024). The statutory minimum wage is AMD 75000 per month (ILOSTAT, 2024), set against an average monthly employee wage of AMD 159067 (ILOSTAT, 2023). Those wages sit within a tax structure of 18% corporate tax and a 20% top personal income rate (PwC, 2026). Leave entitlements include 20 days of statutory annual leave, 14 public holidays, 20 weeks of maternity leave and 1 weeks of paternity leave, and no 13th salary is required (national government, 2026). On exit, statutory severance is 4.3 weeks (national government, 2026), and the notice period is 8.7 weeks (World Bank Employing Workers, 2019). Actual working time averages 46 hours per week (ILOSTAT, 2018), and the retirement age is 63 years (SSA, 2026).

Written from the 23 sourced figures on this page and regenerated whenever the data changes. Last generated 2026-10-04. How our data works is on the methodology page.

Where to start

Three ways to hire in Armenia

Own entity

You are the employer. Lowest per head cost at scale, months to establish.

Best for large, permanent headcount.
EORfastest

You direct the work, the provider's local entity is the employer on paper. Compliant in days.

See the 27 providers below ↓
Best for 1 to 50 hires, for speed, or to test a market.
Contractor

Not your employee. Fastest and cheapest, with misclassification exposure.

Best for genuinely independent, short term work.
Compare entity setup cost against EOR fees for Armenia →

The full record

Every figure behind the snapshot

Not a guide, a record: 24 figures for Armenia from 7 sources, last refreshed 2026-10-16. Each value carries its source and the date it was pulled. Hover any provenance tag for the full chain.

employment & pay5 fields
Minimum wage
AMD 75,000/mo
ILOSTAT · 2024-01
Average monthly wage
AMD 159,067/mo
ILOSTAT · 2023-01
13th salary
None
National government · 2026-01
Statutory weekly hours
40 hrs/wk
National government · 2026-09
Actual weekly hours
46 hrs/wk
ILOSTAT · 2018-01
cost & taxes5 fields
Employer social security
0%
ISSA Country Profiles · 2024-01
Employee social security
5%
ISSA Country Profiles · 2024-01
Corporate tax
18%
PwC Worldwide Tax Summaries · 2026-06
Top income tax rate
20%
PwC Worldwide Tax Summaries · 2026-06
VAT / GST
20%
PwC Worldwide Tax Summaries · 2026-06
termination2 fields
Severance
4.3 weeks
National government · 2026-09
Notice period
8.7 weeks
World Bank Employing Workers / B-READY · 2019-05
leave4 fields
Maternity leave
20 weeks
National government · 2026-09
Paternity leave
1 weeks
National government · 2026-09
Annual leave (minimum, once eligible)
20 days
National government · 2026-01
Public holidays
13
National government · 2026-10
labour market8 fields
Unemployment
12.87%
World Bank Open Data · 2025-01
Inflation
3.31%
World Bank Open Data · 2025-01
GDP per capita
$9,474
World Bank Open Data · 2025-01
GNI per capita
$9,020
World Bank Open Data · 2025-01
Labour force
1.5M people
World Bank Open Data · 2025-01
Collective bargaining coverage
19.4%
ILOSTAT · 2019-01
Union density
20.55%
ILOSTAT · 2019-01
Retirement age
63 yrs
SSA Social Security Programs Throughout the World · 2026-01

// recent updates

What changed in Armenia

Checked against official sources on 16 October 2026

No rule changes recorded since we began logging them.

Every figure is sourced and dated. How we verify the data →

The differentiator

What an EOR handles in Armenia

An EOR removes the entity and the payroll machinery. It does not remove your obligations as the people manager.

obligationeor coverswhat that means for you
Legal employer of record● fullThe EOR's local entity is the employer on paper. No entity setup required.
Payroll, tax & social security● fullGross-to-net, statutory withholding and employer contributions remitted locally. Employer social security here is 0%.
Compliant local contract● fullDrafted to local labour law and language requirements. Here statutory notice is 8.7 weeks and the wage floor is AMD 75,000/mo.
Statutory leave & public holidays● fullAccrual, tracking and payment run through the local payroll the EOR operates. 20 days annual leave, 13 public holidays and 20 weeks maternity leave.
Statutory severance on exit● partialThe EOR computes and processes it, but the cost is billed to you (often pre-funded). Statutory severance here is 4.3 weeks.
Termination decision & risk● partialThe EOR runs the legal process; the business reason, timing and exposure stay yours.
Work permits / visas (foreigners)● partialSome providers sponsor, many don't. Confirm per provider in the table below.
Performance management● noneDay-to-day direction, reviews and PIPs are entirely on your side.
Equity / ESOP administration● noneCross-border equity handling sits outside standard EOR scope.

Provider × country

Who can employ in Armenia

27 providers operate an EOR in Armenia, ranked by Select Score.

providerfrom / moselect score
Pebl (formerly Velocity Global) logoPebl (formerly Velocity Global)SELECT PICK$399/mo80
Multiplier logoMultiplier$459/mo · Core · billed annually80
Payoneer Workforce Management logoPayoneer Workforce Management$199/mo79
RemoFirst logoRemoFirst$199/mo78
Remote logoRemote$699/mo76
Globalization Partners logoGlobalization Partners$599/mo75
Remote People logoRemote People$199/mo74
Deel logoDeel$599/mo73
Show all 27 providers ↓
Rivermate logoRivermate$319/mo72
Borderless AI logoBorderless AI$579/mo71
Playroll logoPlayroll$399/mo71
Papaya Global logoPapaya Global$499/mo68
Native Teams logoNative Teams$99/mo67
Lano logoLano€499/mo66
Teamed logoTeamed$599/mo66
Thera logoTheraQuote65
Oyster logoOyster$699/mo65
Asanify logoAsanifyQuote65
Atlas HXM logoAtlas HXM$599/mo62
Foxhire logoFoxhireQuote61
Acvian logoAcvian$499/mo59
27 providers operate an EOR in Armenia, ranked by Select Score. Price is each provider’s lowest published EOR rate (global, not country-specific).
Scored by the EOR Select rating systemSee the methodology →Built and maintained by Robbin SchuchmannUpdated 2026-10-16

Comparing EOR options for Armenia?

Run a side-by-side on the providers that actually operate there.

Open the matrix →