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ALL FINANCIAL TRANSACTIONS TO USE ARMENIAN CURRENCY, SAYS RA STATE REVENUE COMMITTEE
Tert.am
12:48 ~U 19.03.10
The State Revenue Committee of the Republic of Armenia states that
according to the "RA Law about Currency Regulation and Currency
Control," any transactions in the country, such as quotations, trade,
delivery of service, salary payment must be conducted exclusively
using Armenia's national currency, the dram.
When the law is violated the first time, according to the "RA Law about
Administrative Legal Violations," a 2 million AMD fine will be imposed
on the violator. Should the violation be repeated for a second time
within the same year, then the fine will be doubled to 4 million AMD.
RA State Revenue Committee urges Armenian entrepreneurs to respect
the Armenian national monetary unit, to observe the law, and evade
transactions with foreign currencies to avoid fines and save money.
From: Baghdasarian
Tert.am
12:48 ~U 19.03.10
The State Revenue Committee of the Republic of Armenia states that
according to the "RA Law about Currency Regulation and Currency
Control," any transactions in the country, such as quotations, trade,
delivery of service, salary payment must be conducted exclusively
using Armenia's national currency, the dram.
When the law is violated the first time, according to the "RA Law about
Administrative Legal Violations," a 2 million AMD fine will be imposed
on the violator. Should the violation be repeated for a second time
within the same year, then the fine will be doubled to 4 million AMD.
RA State Revenue Committee urges Armenian entrepreneurs to respect
the Armenian national monetary unit, to observe the law, and evade
transactions with foreign currencies to avoid fines and save money.
From: Baghdasarian