Employment Preservation and New Job Creation Support Program in Artsakh

In Artsakh, a state support program has been established for non-state companies registered and operating in the region, aimed at encouraging employment through reimbursement of income tax for paid employees.

Specifically, starting from January 2021, for a period of six months, support will be provided in the full amount of income tax paid by companies each month. As a result, companies will not incur actual expenses related to income tax.

This serves as an important incentive for businesses, allowing them to preserve existing jobs while also facilitating the creation of new ones. Newly established companies in Artsakh can also benefit from this unique opportunity.