Ecosystem

Ameria Business

Ameria Business is the shortest digital way to the establishment and growth of your business.

This is a one-window online platform enabling you to register a company, open accounts with Ameriabank, get a card and online or mobile banking apps and use other services and numerous benefits of the bank without having to come there in person.

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Applications

Register a business

You can register an IE or an LLC (coming soon) and get a chance to


- Open accounts in Armenian drams, US dollars, euros and rubles

- Get a free business card

- Get free Online/Mobile Banking app

Register a business
Open an account

You can open a business account with one application and


- Get a free business card

- Get free Online/Mobile Banking app

- Track your applications online                  

Open an account

Online/Mobile Banking

If you an Ameriabank client, using our online services you can:


- Get free Online/Mobile Banking app

- Get a free business card

- Track your applications online    

Apply Online
Online Loan

For businesses with up to AMD 750M annual turnover


- 1-10 mn AMD or its equivalent in other currency

- 12-60 months

- Get the answer in 5 minutes

Apply Online
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Ameria Business

Ameria Business is the shortest digital way to the establishment and growth of your business. This is a one-window online platform enabling you to open accounts with Ameriabank, get a card and online or mobile banking apps and use other services and numerous benefits of the bank without having to come there in person.

Ameria Business is available both for our existing clients and for all entrepreneurs who would like to start and develop their business with Ameriabank."

Register Now

Business Registration Process

01
Choose the type of business

The system enables you to register as an individual entrepreneur (IE). Registration of a limited liability company will become available soon. It is important for you to learn the difference between these two types of business in advance.

02
Enter the required data

You should enter your personal and IE related data requested by the system and give your consent for the Bank to make inquiries on your behalf.

03
Go through online identification

At this stage, the Bank will contact you via a video call at a pre-arranged time to identify you and start the company’s online registration.

04
Get confirmation

After registration, you can get a bank account, a free business card and online/mobile banking app.

Automatically approved business loan/overdraft

This loan is designed to help you develop your business and finance day-to-day operations. As part of this offer you can transfer your existing loans from other banks or credit organizations to Ameriabank.

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  • General Terms and Conditions of Provision of Banking Services to Legal Entities in SME ecosystem
  • General Terms and Conditions of Provision of Banking Services to Legal Entities (IE)
  • Ameriabank CJSC tariffs for corporate clients
  • Overview of personal data obtained by the Bank
  • Agreements for the provision of servicesof Banking Services to Legal Entities (IE) in SME Ecosystem
  • Ameriabank CJSC Payment Cards Terms and Conditions
  • Bussiness card rates and fees
  • Customs cards rates and fees

Useful information

Registration

An individual entrepreneur (“IE”) has the right to carry out activities on his own behalf and at his own risk without incorporating a legal entity. The main purpose of such activities is to gain profit (income) from using property, selling goods, performing works or providing services.
Where several persons are planning to carry out business activities jointly, they should register a legal entity: either an LLC or a joint-stock company (closed or open, depending on the number of founders).
Another major difference is the scope of responsibility for the activities performed. Individual entrepreneurs are personally liable with all their property for the obligations of the business, while the founders of an LLC do not bear any personal liability (and vice versa). Their liability is actually limited to the amount invested in the statutory capital of the LLC.
An LLC is responsible for its obligations only to the extent of the assets owned by it.

The activity of the company is determined based on the main area of its economic activity. The main economic activity is considered to be the type of business activity that delivers the largest share in the total volume of the gross added value of the company.
The classification applied in Armenia defines the types of economic activity assigning them corresponding codes. You may see the full Classifier of Economic Activity here.
On our platform, we have presented economic activity types in a simple and grouped way, so you may determine your type in just three steps: choosing your type of activity, the subtype under that type, and the description of the activity.

To find the postal code of any address, go to  site, enter your address and get the postal code of that address.



Any organization, individual entrepreneur and notary whose taxable turnover during the previous calendar year is above AMD 115 million (VAT threshold) is considered to be a VAT payer. This does not apply to the Republic of Armenia represented by government agencies, Republic of Armenia communities represented by the community management entities and the Central Bank of Armenia, who are considered VAT payers if they file a declaration on voluntary VAT payment.
A person is considered a VAT payer in the current year if the taxable turnover of the transactions carried out at some time in the current year exceeds the VAT threshold. In this case, the VAT is determined only for the part that is in excess of the VAT threshold.
Individual entrepreneurs and natural persons who are not notaries are not considered VAT payers, but if they import goods into the territory of Armenia the import of which is considered to be an import carried out for entrepreneurial activity, they are required to calculate VAT on such transactions in the manner, amount and time frames stipulated in the Code and pay it to the state budget.
If a person’s taxable turnover is below VAT threshold, but he wishes to be considered a VAT payer, he can submit to the tax authority a declaration on being considered a VAT payer as provided for by law and be considered a VAT payer.

For registration, you should have an identity document, a personal public services number (social card) or a reference on absence of such number.

• If you’re already registered as an individual entrepreneur
• If the documents and data provided are incomplete
• If you have been deprived, as prescribed by law, of the right to engage in entrepreneurial activities, and the conviction has not been quashed or expunged.

• If the procedure for founding an LLC as stipulated by law has been breached
• If the documents required by law haven’t been provided
• If the documents provided are inconsistent with the requirements of law
• If under the law the founder of the LLC or a member of its executive body is deprived of the right to engage in entrepreneurial activities, the conviction has not been quashed or expunged
• If the name of the LLC is not compliant with the requirements of law
• If for relocating purposes a company has become a legal entity of another state specified in the list of states determined by the Government of Armenia, whose legal entities cannot be redomiciled on the territory of Armenia

Microbusinesses are resident trading entities and individual entrepreneurs, whose gross turnover from all the activities performed during the previous calendar year, VAT excluded, doesn’t exceed AMD 24.0 million.

Fiancing

Yes, you can use the Bank's website to apply online for any business loan. Our specialists will get in touch with you. You can also use the online platform to track your application.

Yes, you can get your approval online if your loan is within AMD 10 million. If you have an account with Ameriabank and a valid ID card, you can also get the money online without having to visit the Bank in person.

Information about interest rates is available on Ameriabank's official website: go to menu and select the item you are interested in from “Loans”. For more information feel free to call us at +37410 56 11 11 or visit the nearest branch office. Find our locations and learn about work hours here.

To provide a loan, the Bank performs creditworthiness analysis. Loans in other banks are not a deal-breaker, if your general creditworthiness ratios meet our criteria. You can also consolidate your loans in other banks by transferring them to Ameriabank. If your loans are within AMD 30 million, you can have them refinanced by Ameriabank automatically, without having to visit other banks for formalities.

Yes, you can consolidate your loans in other banks by transferring them to Ameriabank. Loans within AMD 30 million can be transferred to and refinanced by Ameriabank automatically, no need to visit other banks for formalities.

To apply for a loan online, you need to provide certain basic data about your business (TIN, ID). Depending on the type of loan you choose, other documents or information might be required at further stages, which you can upload on our webpage without having to visit the Bank in person.

Account and Card

The newly ordered and/or reissued cards and the PIN (unless it is generated using the OTP) are provided within 2 (two) business days following submission of the card application, if you choose to pick them up at any of the Yerevan-based branches. If you choose to pick up the card at any regional branch, it may be provided within 7 (seven) business days. You may also request card delivery, in which case the delivery period will depend on the conditions of the courier company.

Upon expiry of the card validity period it will be re-issued (subject to the then-effective terms and fees), unless you informed us in writing of your intention to close the card at least 10 (ten) days in advance, or your card is blocked, or you have outstanding obligations to the Bank, or we make a decision not to re-issue the card at our sole discretion.

Card accounts can be closed at the initiative of the Bank or client.
If you have no outstanding liabilities to the Bank and/or the Republic of Armenia your card will be closed within maximum the next business day after we receive your closure application.
If at the time of closure there are sums on your card account, you can transfer these sums to other bank accounts or withdraw them within 7 days.
Once the Bank begins to process your application, it ceases to service your card, including – charge service or any other future-oriented fees. On the other hand, closure of card does not release you from obligations that originated before the closure.

MyAmeria

Download Ameria Mobile Banking from App Store or Google Play, enter a username and password.

To be able to log into Ameria Mobile Banking using PIN, select PIN in the settings and enter your current password and a PIN which should contain max 4 characters.
To log into Ameria Mobile Banking using fingerprint/face recognition, select Fingerprint in the settings and confirm your fingerprints (no confirmation is required for iOS devices). Note that in order to use fingerprint or face recognition for login, your device must have corresponding technical capabilities and these capabilities muse be activated.
After 3 wrong PIN entries or wrong fingerprints access will be blocked and you will need a password to log in. To avoid frequent blockings, you will get notifications about available number of attempts.

With Online Banking, you can save much of the time you would otherwise have spent banking. You can view your account balances and payments, loans, deposits, payment schedules and exchange rates. You can perform all key transactions, such as utility payments, transfers between your and other people’s accounts; submit applications to get a bank card, open a savings account or make a deposit, submit requests to get cash, references and other info, and other things besides, with a simple click, without having to come to the bank.

Online Banking is secure and safe. We use Digipass tokens of Vasco Data Security, a world leader in online authentication technologies, and the AmeriaToken app.

If you have forgotten your password, you can recover it by answering the security question. Alternatively, contact the Bank.
To recover your password you will need your personal details specified in the system. You can provide and edit your personal details in “Settings” > “My Information”. If you have not provided your personal details, you won't be able to recover the password by yourself and will need to contact the Bank.

Taxes

They are exempt from all state taxes related to microbusiness operations (VAT, corporate income tax, income tax, turnover tax), except for the following obligations:

  • obligation to calculate taxes on goods imported into Armenia (including those imported from Eurasian Economic Union countries) and pay to the state budget in accordance with the established procedure
  • obligation to calculate and pay environmental and/or road taxes
  • obligation to pay AMD 5,000 income tax per month for each person employed by the microbusiness. 

A value added tax (VAT) is a state tax paid to the state budget in the manner, amount and time frames stipulated in the Code for execution of transactions and/or operations that are considered VAT taxable. Learn more:  https://www.petekamutner.am/Content.aspx?itn=tsTIVAT

A corporate income tax is a state tax paid to the state budget. Learn more:  https://www.petekamutner.am/Content.aspx?itn=tsTIProfitTax

Turnover tax is a state tax that replaces VAT and (or) corporate income tax and is paid to the state budget by the payers of the turnover tax in the manner, amount and time frames stipulated in the Tax Code of Armenia.
The turnover tax replaces the VAT and (or) corporate income tax for resident microbusinesses. For individual entrepreneurs and notaries, the turnover tax replaces VAT only. Learn more
 https://www.petekamutner.am/Content.aspx?itn=tsTITurnoverTax

Excise tax is a state tax paid to the state budget for execution of specific transactions and/or operations considered to be subject to the excise tax in the manner, amount and time frames stipulated in the Code . Learn more: https://www.petekamutner.am/Content.aspx?itn=tsTIExciseTax

The tax authority keeps record of entities and individuals for tax administration purposes assigning them tax identification numbers (TIN). Learn more:  https://www.petekamutner.am/Content.aspx?itn=tsTITaxpayerRegistration

A Tax Identification Number (hereinafter referred to as the “TIN”) is a unique code identifying the tax payer. It is assigned once and can’t be changed. The TIN can’t be transferred to another tax payer. Learn more: https://www.petekamutner.am/Content.aspx?itn=tsTITaxpayerRegistration

2 Vazgen Sargsyan Street, Yerevan 0010,RA

Tel․: +374 10 56 11 11

E-mail: info@ameriabank.am

Ameriabank CJSC is supervised by the CBA.