It is proposed to make amendments to the Law on Joint Stock Companies and to introduce a new form of contract, which is based on the example of similar American regulations. At the sitting of the NA Standing Committee on Economic Affairs on March 13, the RA Acting Deputy Minister of Economy Rafayel Gevorgyan said, noting that such contracts are called SAFE contracts in English, that is, a simple agreement to obtain statutory capital for the future.
The Committee debated the draft law on Making Addenda to the Law on Joint Stock Companies in the first reading.
“This is, in fact, a typical form of a certain contract, which has had a very important role for start-up organizations in the USA. This regulation will contribute to our start-up organizations having the appropriate opportunity to attract ‘angel’ investments,” the rapporteur explained.
It is expected that with the adoption of the draft, a simple and understandable toolkit will be created for making foreign investments in companies at the initial stage of development - startups. The legal regulation of that toolkit will promote the attraction of investments and investors, the clear regulation of legal relations arising between companies in the initial stage of development, stability and predictability.
The Committee endorsed the draft.
Martin Chungong: The fact that the 10th Global Conference is held in Armenia, already opens great opportunities for the Republic of Armenia as a successful democratic country
On September 12, within the framework of the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union going on in Yerevan the briefing of the Secretary General of the Inter-Parliamentary Union Martin Chungong for the representatives of the mass media was held. Martin Chungon...
Hasmik Hakobyan speaks about the goal and importance of the Conference at the briefing with representatives of mass media
The 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union is underway in Yerevan.The Member of the delegation of our country to the organisation, the Member of the Board of the Forum of Young Parliamentarians of the Inter-Parliamentary Union Hasmik Hakobyan spoke at the b...
10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union launches in Yerevan
On September 10, the Tenth Global Conference of Young Parliamentarians of the Inter-Parliamentary Union began its work in Yerevan.The annual Conference of the Inter-Parliamentary Union for the young parliamentarians under the age of 45 is a unique platform for communicating, exchanging experience an...
Hakob Arshakyan meets with the delegation led by Deputy Speaker of Parliament of Serbia
On September 12, the Deputy Speaker of the RA National Assembly Hakob Arshakyan met with the delegation led by the Deputy Speaker of National Assembly of Serbia Edin Đerlek, who arrived in Armenia to take part in the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Un...
Nikol Pashinyan gives a speech at the Tenth Global Conference of Young Parliamentarians of the Inter-Parliamentary Union: Young people’s entry into politics is essential
The RA Prime Minister Nikol Pashinyan gave a speech at the opening of the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union, particularly noting: “I welcome the Conference held in the Republic of Armenia and I wish to the Conference to be fruitful. There is a conceptu...
Speech by RA NA President Alen Simonyan in the opening ceremony of at 10th Global Conference of Young Parliamentarians of Inter-Parliamentary Union
Distinguished Prime Minister of the Republic of Armenia,Esteemed President of the Inter-Parliamentary Union, Esteemed Secretary General of the Inter-Parliamentary Union,...
President of Inter-Parliamentary Union Tulia Ackson welcomes the participants of the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union
On September 12, the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union started in Yerevan.The President of Inter-Parliamentary Union Tulia Ackson welcomed the participants of the Conference.“I am deeply honoured to address you today at the 10th Global Conference of Yo...
Secretary General of the Inter-Parliamentary Union: we are here to realize our dream in a country that symbolizes the empowerment of youth as articulated in its governing institutions
During the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union the Secretary General of the Inter-Parliamentary Union Martin Chungong, in his opening remarks welcoming the attendees, noted that their three-year dream has come true.“As of today Armenia is the youngest pa...
10th Global Conference of Young Parliamentarians of Inter-Parliamentary Union. live stream
The live stream of the 10th Global Conference of Young Parliamentarians of the Inter-Parliamentary Union....