Independent, Agile, Global

An active player in the country’s consulting engineering services in the fields of economic, system and management consultancy services, iConsulting Engineers began to work almost a decade ago. An industry pioneer we are one of the first successful groups operating in the fields of economic consulting and feasibility studies. It is now a recognized figure among the peers.

iConsulting owes its prominent market place to the premium quality of its services, professional work ethics, constructive competition, and exchange of knowledge and technology with other industry players. Since the early days, one of the major concerns of iConsulting managers and professionals has been the establishment of a productive interaction among the clients, society and suppliers. In other words, our members have always tried to look at the projects from a broader perspective and work not just towards the realization of the clients’ needs to their best advantage, but for the benefit of the society and public in general as well.

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Our Values

MISSION: iConsulting's founders have always put great emphasis on the business ethics and beliefs which they regard as the first and most important elements to guarantee the ideal service quality. At iConsulting, these professional principles are centered on the clients and their needs. The society as the ultimate setting for the project outcomes, and the personnel as the most valuable assets and resources of a company are also among the decisive elements of the company’s philosophy.

Principles: iConsulting makes a conscious effort to incorporate the following principles in all company activities:

  • Perfect project delivery
  • Commitment to professional ethics
  • Realistic consulting services
  • Client confidentiality
  • Responsibility towards the society
  • Supporting the client’s decisions


Project Management Assistance

Business Opportunity Analysis and Market Research

We provide comprehensive access to in-depth information relating to Armenia´s future industries, successful markets, and profitable clusters. Drawing on our industry expertise and extensive knowledge of local markets, we are able to identify the most suitable investment opportunities for your company.

Market Entry Strategy Support

We support your team in developing an appropriate investment strategy for the Armenian market - matching the specific needs of your business project. Optimize your company´s market entry prospects by adding our International business know how to your project management setup.

Project Partner Identification and Contact

Armenian business infrastructure is in its developing phase. We identify suitable partners for your investment project and put you in contact with utility suppliers, service providers, and potential business partners within our international network.

Joint Project Management with Regional Development Partners

We have our own economic development specialists which are mastering in their own fields. We ensure that their expertise is added to your project management operations in order to help you make the right location decision to meet your business needs.

Coordination and Support of Negotiations with Local Authorities

No need to worry – we will help you deal with the proper authorities and make sure that all of your paperwork is in order. Our consultants arrange all of the relevant meetings with local authorities and help you compile and prepare all of the necessary information and required documentation.

Location Consulting/Site Evaluation

Identification of Project-Specific Location Factors

Operating and logistics costs, taxes, a qualified and available work force, labor regulations, infrastructure development, proximity to clusters, customers, and suppliers - the list of important location factors goes on and on. Our market experts elaborate the decisive factors specific to your project in Armenia.

Cost Factor Analysis

Each location is different and costs are decisive. In close cooperation with your team, we assess and weigh up the specific cost factors of your investment project, calculate expenses, and provide assessment reports.

Site Preselection

In co-operation with our partners, we identify potential sites most suitable for your future business in Armenia. You will receive a detailed analysis of each site’s specific features - complementary to your company’s specific needs.

Site Visit Organization

We want to make sure you make the right location decision. That’s why we organize on-site visits and fact- finding missions. We put you in touch with local authorities and site managers who will discuss possible site configurations with you in fine detail.

Final Site Decision Support

We offer comprehensive support during your final site decision process. You can continue to count on us for in- depth information and extensive advisory services throughout this process, with our extensive international experiences from similar projects in the region.

Support Services

Identification of Relevant Tax and Legal Issues

Our legal experts identify all of the important tax and legal issues specific to your investment project. We examine legal issues at national and regional levels, and also help you with regulatory bodies at all government levels.

Project-related Financing and Incentives Consultancy

Preparing a business plan for your projects are one of the main core competencies of our company, having international standards to develop a business plan for your project, we will enable you to access the risks associated with your investment and how to optimize it. Based on your business plan, we help you find the right financing for your project. Our financial experts analyze your investment project in order to identify the appropriate financing options for your project - including public funding.

Organization of Meetings with Legal Advisors and Financial Partners

We'll put you in touch with financing partners, and we’ll be happy to mediate your discussions with the local and regional banks as well as international ones. To make sure you receive the best legal support during the establishment phase of your business, we arrange contacts to lawyers and notaries through our local business partners and networks. We stay at your side until your investment is completed as a matter of course.

Administrative Affairs Support

We guide you through all of the relevant administrative procedures during your business set-up phase. Our managers optimize time lines by initiating application procedures at the earliest possible date, and assist you in discussions with the relevant authorities.

Accompanying Incentives Application and Establishment Formalities

Did you know that your project might be eligible for multiple forms of financial incentives? We’ll help you compile and prepare all of the necessary application information. Moreover, we also ensure that your application gets to the appropriate authorities at the regional, national, and European levels. We are dealing with many international multilateral organizations which your project might be eligible to receive grants, soft loans or technical assistance, we will help you through our international network to apply for those.


If you have further questions please contact the colleagues of our investment service in iConsulting.

We look forward to supporting your company's efforts to establish a business in Armenia. In order to best tailor our services to your specific needs, kindly provide a brief description of your planned business venture in Armenia by filling in the following online form.