| Country/Երկիր | Dividends, Individuals, Companies (%) | Qualifying companies <2> | Interest <1> (%) | Royalties (%) | |
 | United Kingdom of Great Britain and Nothern Ireland / Մեծ Բրիտանիայի և Հյուսիսային Իռլանդիայի Միացյալ Թագավորություն | 10% / 15% <17> | 0% / 5% <18> | 5% | 5% |
 | Kingdom of Belgium / Բելգիայի Թագավորություն | 15% | 5% <3> | 0% / 10% <4> | 8% |
 | Canada / Կանադա | 15% | 5% <7> | 0% /1 0% <8> | 10% |
 | Republic of Cyprus / Կիպրոսի Հանրապետություն | 5% | 0% <21> | 5% | 5% |
 | Kingdom of Spain / Իսպանիայի Թագավորություն | 10% | 0% <20> | 5% | 5% / 10% <9> |
 | Georgia / Վրաստան | 10% | 5% | 10% | 5% |
 | Hungary / Հունգարիայի Հանրապետություն | 10% | 5% | 5% / 10% <8> | 5% |
 | Italian Republic / Իտալիայի Հանրապետություն | 10% | 5% <11> | 0% / 10% <12> | 7% |
 | Republic of Lithuania / Լիտվայի Հանրապետություն | 15% | 5% | 10% | 10% |
 | Republic of Moldova / Մոլդովայի Հանրապետություն | 15% | 5% | 10% | 10% |
 | State of Qatar / Քատարի Պետություն | 10% | 5% <14> | 5% | 5% |
 | Syrian Arab Republic / Սիրիայի Արաբական Հանրապետություն | 10% | 10% | 10% | 12% |
 | Ukraine / Ուկրաինա | 15% | 5% | 10% | 0% |
 | State of Kuwait / Քուվեյթի պետություն | 10% | 5% | 5% | 10% |
 | Republic of Tajikistan / Տաջիկստանի Հանրապետություն | 10% | 10% | 10% | 10% |
 | United Arab Emirates / Արաբական Միացյալ Էմիրություններ | 3% | 3% | 0% | 5% |
 | Republic of Bulgaria / Բուլղարիայի Հանրապետություն | 10% | 5% <14> | 5% / 10% <19> | 5% / 10% <9> |
 | Swiss Confederatiol / Շվեյցարիայի Համադաշնություն | 15% | 5% <15> | 0% / 10% <8> | 5% |
 | Czech Republic / Չեխիայի Հանրապետություն | 10% | 10% | 5% / 10% <8> | 5% / 10% <9> |
 | Republic of Finland / Ֆինլանդիայի Հանրապետություն | 15% | 5% | 5% | 5% / 10% <10> |
 | Hellenic Republic / Հունաստանի Հանրապետություն | 10% | 10% | 10% | 5% |
 | Republic of India / Հնդկաստանի Հանրապետություն | 10% | 10% | 10% | 10% |
 | Republic of Kazakhstan / Ղազախստանի Հանրապետություն | 10% | 10% | 10% | 10% |
 | Grand Duchy of Luxembourg / Լյուքսեմբուրգի Մեծ Դքսություն | 15% | 5% <3> | 10% | 5% |
 | Kingdom of the Netherlands / Նիդերլանդների Թագավորություն | 15% | 0% / 5% <13> | 0% / 5% <4> | 5% |
 | Romania / Ռումինիա | 10% | 5% | 10% | 10% |
 | Kingdom of Thailand / Թաիլանդի Թագավորություն | 10% | 10% | – / 10% <16> | 15% |
 | Federal Republic of Germany / Գերմանիայի Դաշնային Հանրապետություն | 10% | 7% | 5% | 6% |
 | Republic of Slovenia / Սլովենիայի Հանրապետություն | 10% | 5% | 10% | 5% |
 | Republic of Serbia / Սերբիայի Հանրապետություն | 10% | 8% | 8% | 8% |
 | Republic of Austria / Ավստրիայի Հանրապետություն | 15% | 5% <3> | 0% / 10% <4> | 5% |
 | Republic of Belarus / Բելառուսի Հանրապետություն | 15% | 10% <5> | 10% | 10% |
 | Government of the People’s Republic of China / Չինաստանի Ժողովրդական Հանրապետություն | 10% | 5% | 10% | 10% |
 | Republic of Estonia / Էստոնիայի Հանրապետություն | 15% | 5% | 10% | 10% |
 | French Republic / Ֆրանսիայի Հանրապետություն | 15% | 5% <3> | 0% / 10% <4> | 5% / 10% <9> |
 | Republic of Croatia / Խորվաթիայի Հանրապետություն | 10% | 0% | 10% | 5% |
 | Islamic Republic of Iran / Իրանի Իսլամական Հանրապետություն | 15% | 10% | 10% | 5% |
 | Republic of Lebanon / Լիբանանի Հանրապետություն | 10% | 5% | 8% | 5% |
 | Republic of Latvia / Լատվիայի Հանրապետություն | 15% | 5% | 10% | 10% |
 | Republic of Poland / Լեհաստանի Հանրապետություն | 10% | 10% | 5% | 10% |
 | Russian Federation / Ռուսաստանի Դաշնություն | 10% | 5% <2> | 0% | 0% |
 | Turkmenistan / Թուրքմենստան | 15% | 5% | 10% | 10% |
 | Ireland / Իռլանդիա | 15% | 0% / 5% <22> | 0% /5% /10% <23> | 5% |
 | Republic of Indonesia / Ինդոնեզիայի Հանրապետություն | 15% | 10% <2> | 10% | 10% |
 | Slovak Republic / Սլովակիայի Հանրապետություն | 10% | 5% <3> | 10% | 5% |
 | Kingdom of Sweden / Շվեդիայի Թագավորություն | 15% | 0% / 5% <22> | 5% | 5% |
 | Kingdom of Denmark / Դանիայի Թագավորություն | 15% | 0% <24> / 5% <25> | 0% /5% /10% <26> | 5% / 10% <27> |
 | Republic of Malta / Մալթայի Հանրապետություն | 10% <28> | 5% | 5% | 5% |
 | Kyrgyz Republic / Ղրղզստանի Հանրապետություն | 10% | 10% | 10% | 10% |
 | Republic of Singapore / Սինգապուրի Հանրապետություն | 10% | 0% / 5% <29> | 5% | 5% |
 | State of Israel / Իսրայելի Պետություն | 15% | 0% / 5% <30> | 10% | 5% / 10% <31> |
<1.> Most tax treaties provide for an exemption for certain types of interest, e.g. interest paid to public bodies and institutions or in relation to sales on credit. These exemptions are not indicated in the table.
<2.> Unless stated otherwise, the reduced treaty rates given in this column generally apply if the recipient company holds directly or indirectly at least 25% of the capital or the voting power, as the case may be, of the company distributing dividends.
<3.> The rate applies if the recipient company holds at least 10% of the capital of the Armenian company.
<4.> The zero rate applies, inter alia, to interest paid to banks. Conditions may apply.
<5.> The rate applies if the recipient company holds at least 30% of the capital of the Armenian company.
<6.> The rate applies if the recipient company holds directly at least USD 40,000 of the capital of the Armenian company.
<7.> The rate applies if the Canadian company owns directly at least 25% of the capital of the Armenian company and the capital invested exceeds USD 100,000.
<8.> The lower rate applies, inter alia, to interest from bank loans.
<9.> The lower rate applies to copyright royalties, including films, etc.
<10.> The higher rate applies to copyright royalties, including films, etc.
<11.> The rate applies if the Italian company has owned directly at least 10% of the Armenian company’s capital representing at least USD 100,000 for at least 12 months.
<12.> The zero rate applies to interest paid by a public body and to interest from bank loans.
<13.> The 5% rate applies if the Netherlands company owns directly at least 10% of the capital in the Armenian company; the 5% rate is reduced to zero if the profits out of which the dividends are paid have been effectively subject to the normal rate of corporate income tax in Armenia and the dividends are exempt from tax in the hands of the recipient company in the Netherlands.
<14.> The rate applies if the capital invested by the recipient company exceeds USD 100,000.
<15.> The rate applies if the Swiss company holds directly at least 25% of the capital of the Armenian company and the capital invested exceeds CHF 200,000.
<16.> The 10% rate applies to interest paid to qualifying banking and financial institutions. The domestic rate applies in other cases (there is no reduction under the treaty).
<17.> The 15% rate applies, under conditions, to dividends paid out of income derived directly or indirectly from the immovable property by certain investment vehicles.
<18.> The 5% rate applies if the UK company holds directly at least 25% of the capital of the Armenian company and the capital invested exceeds GBP 1,000,000. The zero rate applies if the beneficial owner of the dividends is a pension scheme.
<19.> The lower rate applies to interest paid to a bank or financial institution.
<20.> The rate applies if the recipient company has owned, directly or indirectly, at least 25% of the Armenian company’s capital for at least 2 years.
<21.> The rate applies if the capital invested by the recipient company exceeds EUR 150,000.
<22.> The zero rate applies if the recipient company has owned, directly or indirectly, at least 25% of the Armenian company’s capital for at least 2 years. Conditions may apply. The 5% rate applies if the recipient company holds at least 10% of the capital of the Armenian company.
<23.> The 0% rate applies to interest paid to the state or any institution wholly owned by the state. The 5% rate applies, inter alia, to interest paid to banks. The 10% rate applies in other cases.
<24.> The 0% rate applies if the beneficial owner owns directly at least 50% of the capital of the company paying the dividends and the capital invested exceeds EUR 2,000,000.The 0% rate applies if the beneficial owner is the Contracting State, or the Central Bank of that state, or any national agency (including a financial institution) owned by the Government of that State
<25.> The 5% rate applies if the beneficial owner owns directly at least 10% of the capital of the company paying the dividends and the capital invested exceeds EUR 100,000.
<26.> The 0% rate applies to interest paid to the state or Central Bank of that state, or any institution owned by the state. The 5% rate applies, inter alia, to interest paid to banking enterprise. The 10% rate applies in other cases.
<27.> The lower rate applies to royalties for computer software, patent, trademark, design or model or plan, any secret formula or process, or for information concerning industrial, commercial or scientific experience (know-how).
<28.> The 5% rate applies if the beneficial owner owns directly at least 10% of the capital of the company paying the dividends and the capital invested exceeds EUR 1,500,000.
<29.> The 0% rate applies if the beneficial owner owns directly at least 25% of the capital of the company paying the dividends and the capital invested exceeds EUR 300,000. 5% in all other cases
<30.> The 0% rate applies to interest paid to the state or Central Bank of that state, or any resident pension plan and does not hold directly or indirectly more that 25% of the capital or 25% of voting power of the company paying the dividends. The 5% rate applies if the beneficial owner owns directly at least 25% of the capital of the company paying the dividends.
<31.> The 5% rate applies to royalties for patent, trademark, design or model or plan, any secret formula or process, or for information concerning industrial, commercial or scientific experience (know-how) or for the use of, or the right to use industrial, commercial or scientific equipment. The 10% rate applies to royalties for the use of, or the right to use, any copyright of literary, artistic, or scientific work including cinematographic films, and films or tapes for television or radio broadcasting.