FEZ Resident could be any commercial enterprise (legal entity), an individual entrepreneur, branches of companies, as well as representative offices of foreign organizations, which must be duly registered in Armenia and operate exclusively on the territory of the FEZ.
FEZ and its Residents’ issues regulated by special Law, approved by National Assembly (Parliament).
See the text in https://www.dropbox.com/s/3fmjqcngovrc24t/HO-193-N_2011_031018_en.pdf?dl=0
In order to become a FEZ resident, according to the procedure approved by the Government, the applicant must:
- Provide the FEZ Operator with a brief description of the activities of their company;
- Sign a preliminary agreement of intent (MoU) with the FEZ Operator;
- Develop a business plan;
- Submit a written formal application to the authorized body of the Government — the Ministry of Economy.
- A duly completed application is considered by the interdepartmental commission of the RA Government, and in case of a positive decision, rendered within 10 days from the date of submission of documents, the case is transferred to other ministries (up to 10 days) and, as a result, to the Cabinet of Ministers, which makes a relevant decision within 15 days.
See more, visiting Ministry of Economy’s official web-site https://mineconomy.am/en/page/255