The Armenian economy has undergone a major transformation during the last fifteen years.
Gagik Gyulbudaghyan has been appointed as the Managing Partner of Grant Thornton Amyot effective February 1, 2010. Grant Thornton Amyot is the leading auditing and advisory firm, with more than 130 staff in Armenia and in Georgia. He succeeds Armand Pinarbasi who will join Grant Thornton International in Network Development Group responsible for CIS region.
Foreign investments are becoming increasingly important in the present economic environment in Armenia and across the world. The Guide serves as an informative tool for attracting bigger interest of foreign investors towards Armenia, and provides information on legal regulations of investments and forms of entrepreneurship, corporate, tax and customs legislation and other peculiarities of conducting business activity in Armenia.
The global financial crisis has sent many economies around the globe spiralling into recession and has dramatically changed the plans and outlook for privately held businesses the world over.