As of January 2019, there are about 40 thousand registered companies with payroll positions. There are 247 companies with over 250 registered employees. The average wage in these companies amounts to 240 thousand AMD.[5]
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Each quarter, the largest taxpaying companies are disclosed and published online.[8] Data may be looked up per industry and company size. E.g. among software development companies, the largest taxpayer between 2014 and 2017 was Synopsis Armenia.[9]
A list of IT sector companies in Armenia can be found on the site of EIF Guide.[10] Meanwhile, the Chamber of Commerce and Industry features a list of leading international technology companies in Armenia.[11] Notable IT companies founded in Armenia include PicsArt, Krisp, and others.