Income Declaration and Import Reporting

Income Declaration for Individuals

When preparing an income declaration, we provide individuals with a detailed explanation of what is considered deductible income under tax legislation — meaning income that has been received but for which no income tax is calculated or paid — and what constitutes taxable income received by the individual, from which they are obligated to calculate and pay income tax.
The preparation of an individual's income declaration is an important and responsible process that ensures proper compliance with legal requirements and prevents potential penalties.

In this process, we also identify taxable income for which the individual is required to calculate and pay income tax. At the same time, it is clarified which types of income are subject to taxation but for which the income tax is calculated and paid by a tax agent, thereby reducing the possibility of personal errors and tax risks.

Preparation of import documents and reports for individuals, and their submission to the State Revenue Committee (SRC)

If an individual imports goods that exceed the commercial quantities established by the government, our team prepares all necessary documents and reports and submits them to the State Revenue Committee (SRC). This service ensures the legal registration of imports, prevents potential issues and penalties, and ensures the individual's full compliance with the laws of the Republic of Armenia.

As a result, our service helps individuals safely and clearly carry out the process of income declaration and import reporting, reduce risks, and maintain financial and tax compliance.