Armenia

Which consumer rights apply in Armenia regarding expired Giftcards? ›

Armenian law has no specific provisions on expired Giftcards. Consumers can rely only on general contractual principles, in particular the requirement for clear and understandable terms.

What special rules apply in Armenia for the sale, issuance, or redemption of Giftcards? ›

In Armenia, Giftcards are increasingly distributed digitally via commerce platforms and mobile payment services. Providers must document transactions electronically and report them for tax purposes.

How are Giftcards treated for tax purposes in Armenia (VAT, single-purpose / multi-purpose)? ›

In Armenia, Giftcards are treated as advance payments and are subject to VAT. Tax arises at the time of redemption. There is no legal distinction between single-purpose and multi-purpose Giftcards.

Is there a legal regulation in Armenia on the validity period of Giftcards? ›

Armenia has no specific legal rule on the validity period of Giftcards. They are governed by general contract law under the Civil Code. Limitation periods are typically three years unless a shorter validity is agreed.