Employer of Record in Armenia

For companies building teams of 10 or more across business, technical, and operational functions — not for individual hires.
Talk to us about Armenia

Why companies build teams in Armenia

Lundi supports compliant employment in Armenia for specialist hires — particularly senior engineering and Russian-language talent. Yerevan's tech ecosystem has grown post-2022 with significant inbound Russian-speaking engineering talent. For teams of 10+ we typically recommend Poland, Georgia, or Romania.

Languages

Armenian

Payroll Frequency

Monthly

Currency

AMD

Capital City

Yerevan

Employer Tax Rate

0.00%

Armenia's tech sector has expanded substantially since 2022 with inbound migration of Russian-speaking engineers, designers, and product talent. Yerevan concentrates virtually all professional employment. Armenian dram (AMD) is the local currency. Employer social contributions are modest. Strong fit for specialist senior engineering hires, Russian-language operations, or small distributed teams. For larger SSC and engineering teams we typically recommend Poland, Romania, or Georgia (which has built a comparable post-2022 talent corridor with stronger English-language environment).

Cost of Employment in Armenia

What it costs to employ someone through Lundi.

Lundi's cost is the all-in cost of the employee — gross salary plus statutory employer contributions plus customary benefits — and a Lundi management fee on top. The management fee depends on team size and scope: smaller teams pay a higher per-head rate, teams of 20+ get materially better unit economics, and Build–Operate–Transfer engagements are structured separately.

The alternative paths look like: setting up your own local entity (meaningful months of legal and accounting work, plus ongoing in-country HR, payroll, and compliance infrastructure), engaging a local recruitment agency on contingency (typically a percentage of first-year compensation, paid once, with no ongoing employment relationship), or hiring as a contractor (lower upfront cost, real misclassification risk in most jurisdictions). Lundi is faster than entity setup, structurally different from contingency recruitment, and lower-risk than contractor arrangements.

Talk to us for specific pricing.

Talk to us about Armenia

Employer Tax Costs in Armenia

An employer can expect to contribute 0% on top of an employee’s salary.

Employee Income Taxes in Armenia

Employees in Armenia are taxed 21% depending on their income bracket. Social security contributions are 4.5% or 10% depending on the Employee's salary.

Employee Probation in Armenia

The probationary period in Armenia is three months.

Employee Overtime in Armenia

Armenians work an eight hour day and should not exceed 40 hours per week.

Employee Notice in Armenia

The notice period in Armenia depends on the length of employment. The breakdown is as follows: 

  • Less than 1 year: 14 days’ notice
  • Between 1- and 5-years employment service: 35 days’ notice
  • After 5 to 10 years employment service: 42 days’ notice
  • More than 10 years employment service: 60 days’ notice

Termination in Armenia

Employers in Armenia must have a valid reason to terminate an employee and must provide notice before doing so. The notice period is generally linked to the length of employment with the company.

How Lundi works in Armenia

Build

We scope your team and recruit the right people in-country — finance, accounting, HR/payroll, BD, ops, or IT.
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Operate

We employ the team via our local entity and run the day-to-day — payroll, compliance, HR, and performance management.
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Transfer

When you're ready, we transition the team to your own legal entity. Or stay on Lundi's infrastructure indefinitely — your choice.
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Why Companies Choose Lundi

If you need help with anything, we're here for you

Who is Lundi for?

Lundi works with companies building teams of 10 or more across business, technical, and operational functions . Not for one-off hires or individual placements.

How is this different from an EOR?

EOR platforms employ individuals for you. Lundi recruits, employs, and operates concentrated teams — including day-to-day management, HR, and an optional path to your own entity. It's the operating model for companies that have outgrown the EOR ceiling.

Still have any questions? Talk to us.