On May 30, the Armenian government passed a resolution to simplify customs procedures for companies with no violations in transaction documentation and tax payments. The new rules will come into effect in 10 days.
Companies with a spotless record will benefit from the following privileges:
- Simplified inspections and a separate queue.
- Consultations from customs officers in case of questions.
For almost two years, a pilot measure has allowed these companies to submit a preliminary declaration before the arrival of goods at customs. This significantly reduces the inspection time from 20-70 hours to 1-3 hours.
To avail themselves of these benefits, businesses must submit an application and meet certain criteria.