YEREVAN, December 23 – The Yerevan Council of Elders has officially approved a series of significant local fee exemptions for the renewal of construction permits within the capital. The decision, made on Tuesday, December 23, 2025, aims to streamline urban development processes and support the construction sector.
Reduced Fees for 2026 Construction Permit Renewals
According to the newly adopted decision, the local fee rate for each year of renewal of construction permits for new buildings and structures in Yerevan will see a substantial reduction. For renewals occurring in 2026, the fee will be decreased by 70%. This marks a slight adjustment from the 75% reduction that was in effect for 2025, indicating a continued commitment to incentivizing construction activities.
Additional Exemptions for Compliant Developers
An additional layer of exemption has been introduced to reward developers who maintain a clean record regarding urban planning regulations. Developers who have incurred no administrative penalties for violating these regulations will benefit from an even greater reduction. For this group, the local fee rate for each year of permit renewal will be reduced by an impressive 85%.
Special Provisions for Religious and High-Risk Projects
The Council of Elders has also established significant exemptions for specific types of construction projects. These include extensions of construction deadlines for religious and religious buildings, acknowledging their unique timelines and requirements. Furthermore, projects involving the issuance of construction permits for multi-apartment and multifunctional residential complexes, which are often classified as high-risk endeavors, will also benefit from these new exemption policies.
This move by the Yerevan Council of Elders is expected to provide considerable relief to developers and contribute to the ongoing modernization and expansion of the city’s infrastructure. By reducing financial burdens and encouraging compliance with urban planning standards, the city aims to foster a more dynamic and responsible construction environment.
The decision underscores the city’s strategic efforts to balance urban growth with regulatory oversight, ensuring that development proceeds efficiently while adhering to established guidelines. These exemptions are part of a broader economic strategy to stimulate investment and job creation within the construction sector, which is a vital component of Yerevan’s economy.
The implementation of these new fee structures will take effect in 2026, providing developers with clear incentives to continue their projects and contribute to the city’s architectural landscape. The Council’s proactive approach is anticipated to have a positive impact on both the pace and quality of construction across the capital.
This initiative follows a series of economic updates for Armenia, including the 2026 budget for Yerevan which calls for 151.4 billion drams in revenue and 156.7 billion in spending, and the IMF’s assessment that Armenia’s growth potential is about 5 percent per year. These measures collectively aim to support sustainable economic development and improve the overall quality of life for residents.
Source: https://arka.am/en/news/economy/yerevan-council-of-elders-approved-local-fee-exemptions-for-construction-permit-renewals/
