Over the past year, the number of large IT companies in Armenia has increased by 19.
According to Modex, the list of the 1000 largest taxpayers in Armenia for the first quarter of 2024 included 84 IT companies, compared to 65 IT companies in the same period the previous year.
Collectively, these companies contributed 20.8 billion Armenian drams in taxes to the state budget, marking a 4% increase…
Largest taxpayers in Armenia IT industry (2022/2023 Q1-3)
November 11, 2023
From January to September 2023, the 20 leading contributors to the IT sector’s tax revenue collectively paid a staggering AMD 40 billion. This noteworthy sum marks a substantial increase, nearly doubling the figures observed during the corresponding period in the…