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Society

SoftConstruct Ranked 1st in Income Tax Contributions in Armenia in Q1 2025

SoftConstruct, the largest IT company in Armenia, ranked 10th on the list of the country’s largest taxpayers for the first quarter of 2025. The company paid a total of AMD 4.113 billion in taxes and duties, including AMD 2.036 billion in income tax, which places the company first in this category. SoftConstruct also holds the distinction of having the largest salary budget in the country. “SoftConstruct” CJSC operates with a strong commitment to responsibility, transparency, and effective corporate governance. In addition to being a major taxpayer, the company plays a key role in the advancement of Armenia’s IT sector and economy by creating thousands of jobs and making significant investment.