The amount of taxes paid from wages from January 1, 2023

The income tax rate in 2023 from January 1, according to the Tax Code of the Republic of Armenia, is set at 20%.
Income tax is set at 10% for employees of IT-certified companies that enjoy tax benefits.
According to the RA Law “On Funded Pensions”, social payments for participants in the mandatory funded pension system are made in the following amounts:
  in the amount of 5% of the salary, if the monthly salary does not exceed AMD 500,000,
in the amount equal to AMD 25,000 deducted from 10% of salary, if the monthly salary exceeds AMD 500,000,
In case of exceeding the salary of  AMD 1,125,000 drams – AMD 87,500 drams from the salary.
According to the RA Law “On Compensation for Damage Caused to the Life or Health of Military Personnel in the Defense of the Republic of Armenia”, stamp duties are deducted to the insurance fund of military personnel at the following rates:

1500 drams with a settlement base of up to 100,000 drams
3000 drams with the settlement base from 100,001 to 200,000 drams
5500 drams with the settlement base from 200,001 to 500,000 drams
8500 drams with the settlement base from  500,001 to 1,000,000 
15,000 with a settlement base of  1,000,001 or more.

Last news

Sustainable Agriculture Also Begins with Protecting Workers’ Health and Rights

On October 20, as part of COP17, a workshop initiated by the Confederation of Trade Unions of Armenia (CTUA) was held at the Karen Demirchyan Sports and Concert…
21/10/2026

Information Note

On October 9, 2026, at 2:00 p.m., the Branch Republican Trade Union of Workers’ of Culture of Armenia once again celebrated Teacher’s Day and Librar…
20/10/2026

CTUA President Elen Manaseryan: “We Cannot Have Decent Work on a Dead Planet”

As part of the 17th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP17), a panel discussion entitled “High-Level Di…
19/10/2026

ILO initiative advances formalization in Armenia

Armenia’s tripartite constituents and the International Labour Organization (ILO) marked the completion of a two-year initiative aimed at strengthening na…
14/10/2026

October 7 – World Day for Decent Work

On October 7, the World Day for Decent Work is observed around the world. It is an important occasion to once again emphasize everyone’s right to decent a…
07/10/2026
Videos
Social partners
International partners