Skip to content
Bordercase

Compare

Compare jurisdictions, side by side.

Pick up to 4 countries and see residency, company, banking, family, and risk notes line up. No prices, no marketing packages - just the working notes.

 AM flagArmenia

Europe

RS flagSerbia

Europe

AE flagUnited Arab Emirates

Middle East

OverviewArmenia has become an accessible relocation and operational base since 2022, with a maturing IT sector, simple residency routes, and a competitive tax framework. Bordercase coordinates with licensed Armenian partners for filings.Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian partners for filings.The United Arab Emirates is one of the most active jurisdictions for cross-border founders, remote professionals, and family relocations. It offers a wide menu of residency and company structures - federal mainland, free zone, and offshore - each with different banking, substance, and timeline implications.
Best for
  • Founders
  • IT professionals
  • Tax simplification
  • Banking diversification
  • Regional hub
  • Founders
  • IT professionals
  • Cost of living
  • Regional hub
  • Founders
  • Banking
  • Tax planning
  • Families
  • English admin
CurrencyAMDRSDAED
LanguageArmenianSerbianArabic / English
Time zoneUTC+4UTC+1UTC+4
EU memberNoNoNo
SchengenNoNoNo
Residency

Common Armenian residency routes:

  • Temporary residence - issued for 1 year, renewable; granted for work, study, business, family, or Armenian ancestry
  • Permanent residence - typically 5 years renewable; available after qualifying temporary stay or other qualifying ground
  • Special residence - 10-year status for individuals of Armenian descent or those of significant value to Armenia
  • Family reunification - spouse, children, dependant parents

Many nationalities can enter visa-free or with a simple e-visa for up to 180 days, which is often used to plan the right route.

Serbian residency routes:

  • Temporary residence via employment
  • Self-employment / business
  • Real-estate ownership
  • Family reunification
  • IT-focused residency framework

Permanent residence typically after 3 years of continuous temporary residence.

Common UAE residency routes:

  • Investor / property routes via business ownership or qualifying real estate
  • Employment-based residency through a mainland or free-zone company (most common)
  • Freelance and remote-work permits where eligible
  • Golden Visa for qualifying investors, specialists, and outstanding talents
  • Dependant sponsorship for spouse, children, and in some cases parents

Quotas, thresholds, and route definitions are revised frequently and vary by emirate.

Company setup

Standard Armenian entities and tax treatment:

  • LLC (Sahmanapak Pataskhanatvutyamb Enkerutyun) - the default private entity; fast online formation
  • Individual Entrepreneur (IE) - simple setup; Turnover Tax regime at 5% (or category-specific rates) for qualifying small businesses
  • IT Sector incentives - certified IT companies have historically benefited from reduced corporate tax and payroll incentives (programmes are revised periodically)
  • Standard CIT is 18%; dividend withholding is 5% for residents

Bordercase coordinates structure choice to match real activity and current incentive frameworks.

DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow.

Mainland LLCs allow trade across the UAE and government contracts; free-zone companies (DMCC, IFZA, RAKEZ, ADGM, DIFC, and others) suit international service businesses; offshore companies are limited to holding structures. Bordercase coordinates with licensed corporate-services partners in each free zone and mainland.

Banking

Personal and corporate banking is broadly accessible through Ameriabank, ACBA Bank, Ardshinbank, and others - typically with USD, EUR, RUB, and AMD accounts. Onboarding is straightforward for clean cases; expect source-of-funds questions for larger flows. Bordercase coordinates introductions where useful.

Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.

Personal and corporate accounts in the UAE require thorough KYC, substance evidence, and clear source of funds. Bordercase prepares the documentation pack and introduces vetted banks and EMIs; final approval is the bank's discretion.

Family

Family reunification is supported across most routes. English-language international schools are available in Yerevan. Healthcare is a mix of public and private; private cover is recommended for relocating families.

Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.

Dependants - spouse, children, and in some cases parents - can be sponsored under most residency permits. Schooling, dependent insurance, and Emirates ID processes typically follow the main applicant's residency.

Risks

Risks Bordercase watches for in Armenia:

  • Tax residency triggers - 183 days makes you tax-resident under Armenian rules
  • IT certification scope - incentives apply only to certified, qualifying activities
  • Russia/EAEU exposure - Armenia is part of EAEU; some structures benefit from this, others raise sanctions/banking flags
  • Source-of-funds scrutiny for non-standard transfer corridors
  • Permit renewals - documentation continuity matters across cycles

Risks Bordercase watches for in Serbia:

  • Tax residency triggers
  • VAT registration timing
  • Processing variations between MUP offices
  • EU Schengen access requires planning for cross-border travel

Risks Bordercase watches for in UAE cases:

  • Bank account rejection - unclear source of funds, complex ownership, certain industries
  • Free-zone choice misaligned with the actual business activity
  • Substance requirements underestimated (real office, real operations)
  • Past visa rejections in any country must be disclosed and prepared for
  • Restricted nationalities for certain banking partners
Documents

Typical Armenian residency documents:

  • Passport (6+ months valid)
  • Proof of basis (employment, business, study, ancestry, family)
  • Proof of accommodation
  • Health insurance
  • Bank statements / proof of income
  • Criminal record certificate (apostilled, where required)
  • Marriage / birth certificates for family routes

Apostille and certified translation into Armenian where required.

Typical Serbian residency documents:

  • Passport
  • Criminal record certificate
  • Proof of address
  • Basis for residence (employment, business, etc.)
  • Health insurance
  • Family certificates

Apostilled and translated to Serbian.

Typical document pack for UAE residency:

  • Passport copies (6+ months valid)
  • Recent biometric photos
  • Education / qualification certificates (attested)
  • Business plan (for investor / free-zone routes)
  • Source-of-funds evidence
  • Bank statements (6-12 months)
  • Existing company documents where applicable
  • Medical examination + Emirates ID enrolment after entry

Documents from abroad typically require notarisation and legalisation (UAE attestation chain).

Country pages stay the authoritative source. This view is a side-by-side; nothing here promises a particular outcome.