From July 1, the delegation headed by Arman Poghosyan, the RA Deputy Minister of Finance, is conducting the negotiations on the agreement on excluding double taxation between the Republic of Armenia and the Republic of Singapore.
The agreements on the avoidance of double taxation of income and property regulate the taxation issues arising in trade and economic relations between the Contracting States.
Signing an agreement on excluding double taxation of income and property between the Republic of Armenia and the Republic of Singapore, forming a stable and predictable tax field for foreign investors, will give an opportunity to stimulate mutual investment flows between the two countries, to intensify trade and economic ties, including expanding labour force and technology movement.