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Hovik Baghdasaryan: This Syrian-Armenian Businessman Pays Taxes Rath

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  • Hovik Baghdasaryan: This Syrian-Armenian Businessman Pays Taxes Rath

    HOVIK BAGHDASARYAN: THIS SYRIAN-ARMENIAN BUSINESSMAN PAYS TAXES RATHER THAN BRIBES
    Marine Madatyan

    14:57, April 1, 2013

    Friends of Syrian-Armenian Hovik Baghdasaryan told him that even if
    he made a successful go of it in Armenia "he should not report his
    profits to the tax authorities and cry poverty", for that's the way
    things are done.

    Hovik laughed me if the advice was true and whether he should heed
    it or not.

    When I visited Hovik after 8pm, the store was still opened for
    business. Other stores in the area had already closed for the day.

    He opened his shoe store five months ago.

    Hovik says that "people in Armenia don't like to work and prefer to
    sit and make money."

    "But if that same Armenian goes to France, he or she works harder
    and does any type of job," notes Hovik.

    In August of 2012, Hovik and his family fled Syria when the Islamists
    started their assault on Aleppo. Their house was subject to shelling
    as well.

    They came to Armenia with the intention of only staying a month or
    so. Since the situation in Syria hasn't improved, they have stayed on.

    Hovik's father started a shoe business in Aleppo. The family owned
    a production plant and stores. Now, the plant is closed and only one
    of the stores remains open.

    [Koshik_2.jpg]

    Hovik says their factory was the only one in Aleppo making orthopedic
    shoes for adults and kids.

    The one store still operating in Aleppo is only open 3-4 hours a day.

    "I only have Armenians working in the store. I dismissed all the
    Arabs," says Hovik.

    He has transferred much of his Aleppo inventory to the new store in
    Yerevan under the brand name "Hovik".

    The young businessman owns a house in France and says that he could
    have moved there but that he prefers to live in Armenia.

    "Armenia is more like Syria. It's more relaxed. I wouldn't want my
    children growing up in France anyway," he says.

    Hovik has purchased an apartment in downtown Yerevan where he and
    his wife live with their two daughters and his parents.

    [Antuanet.jpg]

    His Yerevan store is called Vana, in remembrance of Van, the hometown
    of one of his grandmothers.

    One of his daughters attends kindergarten and the other goes to
    theKilikia School specially set-up for Syrian-Armenian school age
    pupils.

    Hovik's mother Antoinette helps out in the store as well.

    He says that expenses in Armenia are quite high when compared to
    Aleppo.

    "There a family of four could get by on $150 per month. In Yerevan,
    that money only covers a week."

    [koshik.jpg]

    Hovik says that clerks in other Yerevan stores deal brusquely with
    customers; a no-no in the retail business.

    "Even if a customer returns a pair of shoes purchased from us, we'll
    return their money," he says.

    He claims that it's quite easy operating a business in Armenia;
    you just have to provide sales receipts for everything you sell.

    Hovik confesses that it's not in his nature to bribe another Armenian
    and he's not about to start doing so in Armenia.

    http://hetq.am/eng/news/25006/hovik-baghdasaryan-this-syrian-armenian-busine
    ssman-pays-taxes-rather-than-bribes.html

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