From July 1, 2022, payment for a number of transactions,
including for the alienation of goods and property, for the use of
goods and property, for the performance of work and the provision
of services, as well as for transactions for the payment of passive
income, for obtaining or issuing a loan from organizations or
individual entrepreneurs, where one of the parties is an
individual, and where the transaction amount exceeds 300,000 AMD,
is to be implemented in a non-cash form.
Among other stipulations, the law also provides that the
acceptance of payments for the services of advocates, as well as
for other consulting (accounting, auditing, legal, financial, IT
and other) services, is carried out in a non-cash form, unless
otherwise provided by law. It is also indicated that in the
territory of the Republic of Armenia, payment and receipt of
payment for any transactions between individual entrepreneurs,
notaries, advocates and organizations is carried out in a
