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PRIME MINISTER COMMISSIONED REMOVE LARGE-SCALED BUSINESSES FROM PATENT FEES CLASS
ARMENPRESS
APRIL 26, 2012
YEREVAN
YEREVAN, APRIL 26, ARMENPRESS: The Government of the Republic of
Armenian is relieving the burden of small and medium sized businesses.
In April 26 sitting the Cabinet admitted the decision on Patent Fees
in accordance with the law on Patent Fees of the Republic of Armenia.
"In reality the tax burden will be relieved by this decision. Since
then the business entities which carry out patent activities for a
three-month or a longer term, will pay less tax than those that pay
with a one-month term.
Privileges were offered to restaurants with an area of up to 20 m2
operating in Yerevan. The head of the Cabinet stated that Government
will charge food markets with smaller areas two and a half time lower.
"I guess the major food stores might not enjoy the same right, it
would be incorrect". Sargsyan hailed appropriate bodies come up with
their suggestions on removing large -scaled businesses from patent
fees class.
ARMENPRESS
APRIL 26, 2012
YEREVAN
YEREVAN, APRIL 26, ARMENPRESS: The Government of the Republic of
Armenian is relieving the burden of small and medium sized businesses.
In April 26 sitting the Cabinet admitted the decision on Patent Fees
in accordance with the law on Patent Fees of the Republic of Armenia.
"In reality the tax burden will be relieved by this decision. Since
then the business entities which carry out patent activities for a
three-month or a longer term, will pay less tax than those that pay
with a one-month term.
Privileges were offered to restaurants with an area of up to 20 m2
operating in Yerevan. The head of the Cabinet stated that Government
will charge food markets with smaller areas two and a half time lower.
"I guess the major food stores might not enjoy the same right, it
would be incorrect". Sargsyan hailed appropriate bodies come up with
their suggestions on removing large -scaled businesses from patent
fees class.