“Ucom” Company gained the right of delay for paying VAT for imported equipment

Yerevan /Mediamax/. Armenian government made a decision today to delay for 3 years payment of value added tax (VAT) by “Ucom” Company for imported equipment at the cost of over 300mln AMD.

As the Minister of Economy of Armenia Nerses Yeritsyan stated at the session of the government today, the given decision is made within the framework of the government’s crisis prevention measures, aiming at assisting major investors.

Minister of Economy noted that “Ucom” Company functions in the market of internet services and the given decision will help development of internet in the country.