The Government of Armenia for their handmade carpet sellers of value-added tax and profit tax exemption

Armenian Government’s recent decision to their handmade carpet manufacturers carpet sales exempted from profit tax and VAT.


At present, Asian handmade carpet practitioners have 800 people, because of recent strong drum and related raw materials prices, handmade carpet production scale decreased, the current state of these enterprises in the production. Asian government’s initiatives to help stimulate domestic production and sale of handmade carpets.