On 16 December 2022, the Armenian parliament approved a law for the extension of tax incentives for IT start-ups. First introduced in 2015, the incentives include a corporate income tax exemption (0% rate) and a 10% income tax rate for employees. To qualify, a start-up must be engaged in certain IT activities, including software development, computer technology consulting, computer system management, data processing, web development, and others. To obtain the incentives, the start-up must app…