The Social Security Rate For Companies in Armenia stands at 0 percent. Social Security Rate For Companies in Armenia averaged 10 percent from 2011 until 2019, reaching an all time high of 15 percent in 2012 and a record low of 0 percent in 2017.

Social Security Rate For Companies in Armenia is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Social Security Rate For Companies is projected to trend around 0.00 percent in 2020, according to our econometric models.

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Armenia Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 15.00 0.00 2011 - 2019 percent Yearly

Armenia Social Security Rate For Companies
In Armenia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Armenia because they help to pay for many social programs including welfare, health care and many other benefits.

Armenia Taxes Last Previous Highest Lowest Unit
Personal Income Tax Rate 36.00 36.00 36.00 20.00 percent [+]
Corporate Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 0.00 0.00 23.00 0.00 percent [+]
Social Security Rate For Companies 0.00 0.00 15.00 0.00 percent [+]
Social Security Rate For Employees 0.00 0.00 8.00 0.00 percent [+]