 SoftConstruct ranked 1st in income tax contributions in Armenia in Q1 2025 May 26, 2025 - 10:59 AMT PanARMENIAN.Net - SoftConstruct, the largest IT company in Armenia, ranked 10th on the list of the country’s largest taxpayers for the first quarter of 2025. The company paid a total of AMD 4.113 billion in taxes and duties, including AMD 2.036 billion in income tax, which places the company first in this category. SoftConstruct also holds the distinction of having the largest salary budget in the country. SoftConstruct CJSC operates with a strong commitment to responsibility, transparency, and effective corporate governance. In addition to being a major taxpayer, the company plays a key role in the advancement of Armenia’s IT sector and economy by creating thousands of jobs and making significant investment.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
