Two companies to receive tax benefits on VAT - Mediamax.am

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Two companies to receive tax benefits on VAT


Armenian Minister of Economy Tigran Davtyan
Armenian Minister of Economy Tigran Davtyan

Yerevan/Mediamax/. Armenian government allowed today "Amster Flowers" and "Nubarashen Poultry Farm" delaying for three years the terms for payment of the value added tax, calculated by the customs structures.

Armenian Minister of Economy Tigran Davtyan stated that in 2011 these companies plan to import equipment at the cost of over AMD 300mln.

 

Armenian-Dutch joint enterprise “Amster Flowers” plans to invest about EUR 1.5mln for establishment of a modern hothouse complex in Armenia.

 

“Nubarashen Poultry Farm” is importing a new line; the total cost of investments will make EUR 1.1mln.

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