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Accounting. Tax. Finance.One professional partner for your business.

Professional accounting and financial outsourcing for businesses in Armenia. For companies, entrepreneurs, and foreign investors doing business in Armenia.

15+years of professional experience
40+companies in professional practice
10+years as Chief Accountant
4accountants in the largest team
Astghik Avetisyan

Astghik Avetisyan

Founder & Certified Accountant-Expert

My first degree was in Physics and Astronomy. However, my professional journey led me into the world of accounting and finance.

  1. 2008 — Beginning of a professional career in accounting
  2. Accountant
  3. Senior Accountant
  4. Deputy Chief Accountant
  5. Chief Accountant
  6. Certified Accountant-Expert
  7. Founder of Avetisyan Finance
Teacher of Physics and AstronomyFirst degree
Accounting Courses / CertificateIATC20 June 2008
Certified Accountant-ExpertChamber of Auditors and Expert Accountants of Armenia10 October 2025

Qualification programme of the Chamber contains the following subjects:

  • Financial accounting
  • Financial information for management
  • Business law
  • Tax legislation of the Republic of Armenia
  • Financial management and control
  • Financial reporting
  • Audit and internal control

After successful completion of the Qualification programme of the Chamber, and in case the attendees, in addition to this, have higher education and the professional work experience required, they will be awarded qualifications of an expert accountant conforming to the requirements of the legislation of the Republic of Armenia and International education standards of IFAC.

Professional Experience

  • Services
  • Small & Micro Business
  • Hospitality
  • HORECA
  • Retail
  • E-commerce
  • Wholesale
  • Manufacturing
  • IT & Technology
  • Construction
  • Non-profit organizations

Numbers should help business owners make decisions — not simply fill reports.

  • clear explanations
  • risk control
  • transparency
  • personal responsibility
  • practical solutions
  • the interests of the business

Services

Four practice areas covering the accounting, tax and financial side of your business.

Accounting Outsourcing

Full accounting cycle, reporting, settlements, and compliance.

Discuss your accounting needs

Full-cycle accounting

  • Full-cycle accounting
  • Accounting setup from zero
  • Accounting restoration

Daily accounting operations

  • Primary documentation
  • Bank & cash operations
  • Suppliers & customers
  • Payroll
  • Fixed assets
  • Inventory / warehouse
  • Import / export

Reporting & compliance

  • Tax reporting
  • Financial reporting
  • Statistical reporting for Statistical Committee of Armenia
  • Calculation of taxes and obligations
  • Tax inspection support

Tax Consulting

Tax consulting, risk management, tax audits, and interaction with tax authorities.

The main focus is not simply calculating taxes, but managing tax risks — backed by extensive experience across major tax regimes and tax reporting requirements in Armenia.

  • Tax consultations
  • Tax regime selection
  • Tax planning
  • Tax risk analysis
  • Tax optimization within the law
  • VAT
  • Corporate income tax
  • Personal income tax
  • Non-resident taxation
  • International operations
  • Tax inspections
  • Responses to tax authorities

Financial Consulting

P&L, Cash Flow, management reporting, and financial planning.

Discuss your financial needs
P&LUnderstanding business revenue, expenses, and financial results.
Cash FlowCash flow control and visibility into future liquidity.
Management ReportingFinancial information presented in a format convenient for owners and management.
Financial PlanningHelping business owners plan the finances of their business.

Business Audit / Financial Review

Comprehensive assessment of the accounting, tax, and financial status of a business.

Know what is really happening inside your business.

We review

  • Accounting
  • Taxes
  • Documents
  • Calculations
  • Financial reporting
  • AR / AP
  • Processes
  • Internal controls
  • Potential financial losses
  • Tax risks
Final deliverableFinancial Health Check Report
  • identified issues
  • risks
  • errors
  • potential financial losses
  • recommendations
  • priorities for further action

For Business

Who this is for, and the situations clients come to us with.

Medium & Large Businesses

Turnover of 50M+ AMD. Full accounting cycle, tax risk management and management reporting for the owner.

Micro & Small Business

Personal involvement of the founder — you work directly with the founder, not with an assigned manager.

Typical client situations

If even one of these sounds familiar, it is worth a conversation.

  • Starting a business in Armenia
  • Looking to outsource accounting
  • Not satisfied with the current accountant
  • Found accounting errors
  • Preparing for a tax inspection
  • Need management reporting
  • Need financial planning
  • Preparing for business growth
  • Foreign company entering the Armenian market
  • Need an independent financial health check

For Foreign Businesses in Armenia

Doing business in Armenia? We can handle the accounting and tax side of your business.

Request a consultation
  • Accounting in Armenia
  • Tax reporting
  • Non-resident taxation
  • International transactions
  • Payroll
  • Financial reporting
  • Tax consulting
  • Tax inspection support
  • Financial Health Check

Why Avetisyan Finance

Numbers should help business owners make decisions — not simply fill reports.

Direct communication

You can contact the founder directly on key issues.

15+ years of experience

Practical experience in various business sectors.

Tax inspection support

Representing client interests and defending a reasonable position.

Risk-oriented approach

We identify potential problems before they become real losses.

Clear communication

Complex accounting and tax issues are explained in understandable language.

Owner-focused reporting

We don’t just submit reports — we help owners understand their business numbers.

How We Work

A clear sequence from the first conversation to regular reporting.

01

Consultation

Introduction and discussion of the business.

02

Analysis

Analysis of the current state of the accounting and business needs.

03

Proposal

A tailored proposal covering the scope of work and pricing.

04

Onboarding

Transfer of documents, information, and required access.

05

Accounting

We start working.

06

Reporting & Control

Regular reporting, control, and communication.

Individual pricingRequest a consultation

FAQ

If your question is not here, write to me and I will answer personally.

Do you work with foreign companies in Armenia?

Yes. We work with foreign companies operating in Armenia: accounting, non-resident taxation, international transactions and reporting.

Can you take over accounting from another accountant?

Yes. Before starting we review the current state of the records and document what was handed over and in what condition, and only then take over.

Can you restore accounting records?

Yes. Accounting restoration is a separate service. We first assess the scope and quote the restoration separately from ongoing service.

Do you support tax inspections?

Yes. We represent the client, prepare documents and explanations, and defend a well-grounded position with the tax authorities.

Do you work with micro businesses?

Yes. For micro and small businesses the main advantage is the personal involvement of the founder.

Do you work with medium and large companies?

Yes. For companies with turnover of 50M+ AMD the full cycle is available: accounting, tax, management reporting and inspection support.

What accounting software do you use?

1С, AS-Accountant, AS-Enterprise

Do you provide statistical reporting?

Yes. We prepare and file statistical reporting for the Statistical Committee of Armenia.

Can you prepare management reports?

Yes. P&L, Cash Flow and management reporting in a format the owner and management can use.

Can you analyze our existing accounting?

Yes. That is the Financial Health Check — a full diagnostic with a report covering problems, risks, errors, potential losses and priorities.

How is the service price calculated?

Pricing is individual and depends on transaction volume, headcount, tax regime and the services required. It is quoted after a consultation and review.

How do we start working together?

With a free consultation. Then a review of the current state, an individual proposal, onboarding and the start of work.

Let's talk about your business.

Tell me what you need — I will reply personally and propose a suitable way to work.

Request a consultation
Location
Yerevan, Armenia