ARMENIA Law and Practice Contributed by: Varoujan Avedikian, Tamara Martirosyan, Sofya Sargsyan and Larisa Gevorgyan, Andersen Legal
Andersen Legal (originally TK & Partners) was found - ed in Yerevan, Armenia, in 2012 as a boutique law firm specialising in financial and corporate law. In 2018, the firm evolved into a dynamic, full-service legal practice that serves nearly every sector of the Armenian economy. As the practice expanded, An - dersen Legal took the bold step of going global. In 2024, the firm joined Andersen Global, transitioning to Andersen in Armenia (Andersen Legal CJSC). Af - ter joining Andersen Global in 2025, it established a
dedicated tax and accounting practice (a separate subsidiary entity, called Andersen Tax CJSC) under the Andersen in Armenia umbrella, and now, in ad - dition to its legal services, the firm is proud to also offer tax, accounting, payroll and advisory services to its clients. Today, with a strong team of lawyers, tax advisors and accountants, Andersen Legal blends deep legal expertise with a global perspective to de - liver innovative, client-focused solutions locally and internationally.
Authors
Varoujan Avedikian is the managing partner of Andersen Legal Armenia, with over 20 years’ experience in banking, capital markets, insurance law and financial regulation. Formerly general counsel of the Central Bank
Sofya Sargsyan is the managing partner of Andersen Tax Armenia and brings more than 25 years of
experience in accounting, taxation and financial management. She spent over two decades at HSBC Bank Armenia, where she served as chief accountant and deputy CFO from 2015. Sofya has extensive experience in regulatory compliance, financial control and interaction with supervisory authorities, and has participated in legislative discussions on tax and financial law affecting the financial sector. She is a graduate of the Armenian State University of Economics and a certified expert accountant, and has completed professional training with internationally recognised institutions.
of Armenia, he led major financial sector reforms and co-authored numerous key legislative acts. His expertise spans corporate, commercial and financial transactions, M&A and private equity. A holder of ecoDa’s European Board Diploma, he has been recognised by international legal directories as a highly regarded lawyer and lectures in business and financial law at the AUA. Varoujan is the author of the “Law of Business” textbook, which is the first ever English textbook covering both Armenian legislation and international best practice.
Larisa Gevorgyan is a senior associate leading Andersen Legal Armenia’s financial services practice, with extensive experience in banking, capital markets and financial regulation. She has advised on IPOs,
Tamara Martirosyan is a partner at Andersen Legal Armenia with over a decade of experience in corporate, finance and intellectual property law. She has advised on high-profile cross-border transactions, including
derivative transactions and the development of Armenia’s crowdfunding framework with the EBRD and CBA. Recognised by international legal directories as a “rising star” in capital markets and M&A, she holds an LLM in International Banking and Finance Law (with distinction) from University College London. Larisa is admitted to the Armenian Bar and qualified as a solicitor in England and Wales.
franchise establishments, international patent registrations and lending projects with the EBRD. Recognised by international legal directories as a notable practitioner, she holds the European Board Diploma from ecoDa, serves as a board member at the Armenian Institute of Directors and is a Legal & Tax Committee member at AmCham Armenia. Tamara is a member of the Armenian Bar and lectures on business law at the French University in Armenia.
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