Commercial leasing

Documents to be submitted by legal entities

1.1. Copy of State Register certificate, transcript on the executive authority is mandatory or a statement given by Unified State Register (the document may not be required if the Bank received the given information electronically in defined order);

1.2. Copy of Charter (the document may not be required if the Bank received the given information electronically in defined order);

1.3. Statement from State Register on participants,changes of director or amendments to Charter or a statement given by Unified State Register (the document may not be required if the Bank received the given information electronically in defined order).In case of joint stock companies, statement on shareholders from an account operator in accordance with the rules of Central Depository of Armenia OJSC and State Register statement on replacement of the director, and amendments to Charter (the document may not be required if the Bank received the given information electronically in defined order);

1.3.1. The information listed in paragraph 1.2 of this appendix is not required for corporate entities in case where the decision on borrowing may be made by the director in accordance with the Charter of corporate entities. In such case the conclusion of the Legal Department is required;

1.4. Authority's decision on leasing , and pledging property (necessary if the information listed in paragraph 1.2 of this appendix is required);

1.5. Tax code (copy); TIN;

1.6. A set of financial statements (balance sheet, other financial statements), tax calculations, etc. as of the last reporting period. If necessary, a copy of the package of accounting statements certified by the tax authority may be requested. The bank may also request an audit opinion, if necessary.,

1.7. If necessary (mandatory in case of leasing exceeding AMD 10m or equivalent in another currency), an act of mutual settlements with the state budget from the relevant regional tax authority or a certificate on obligations to the budget;

1.8. Accounts receivable and accounts payable statement (decoded if necessary),,

1.9.Transfer account or commercial proposal from suppliers (copy),

1.10.Documents confirming the ownership of the collateral serving as leasing security (these documents may not be required if the Bank has received the information in electronic form in accordance with the established procedure): property certificates, customs declarations, invoices and other documents necessary for pledging (in case of collateral availability),

1.11.List of fixed assets (if necessary),

1.12.If necessary, a certificate from the relevant authority is submitted stating that its activities will not pose a threat to the environment,

1.13.Copies of licenses (if any),

1.14.Copy of the marriage (divorce, death of spouse) certificate of the person being the pledgor (in case of collateral availability),

1.15.Identification documents of the director and owners, containing the Public Services Number documents,

1.16.Personal guarantee of the owner/owners or persons affiliated with them (if necessary),

1.17.Information about the legal entity in which the legal entity has a 10% or more shareholding (if necessary),

1.18.Rating (if any),

1.19.Other documents (if necessary).

Documents to be submitted by sole proprietors

2.1. Copy of State Register certificate or a statement given by Unified State Register (the document may not be required if the Bank received the given information electronically in defined order);

2.2. Tax code (copy); TIN;

2.3. A set of financial statements (other financial statements), tax calculations, etc. as of the last reporting period. If necessary, a copy of the package of accounting statements certified by the tax authority may be requested;

2.4. If necessary (mandatory in case of leasing exceeding AMD 10m or equivalent in another currency), an act of mutual settlements with the state budget from the relevant regional tax authority or a certificate on obligations to the budget;

2.5. Accounts receivable and accounts payable statement (decoded if necessary);

2.6. Transfer account or commercial proposal from suppliers (copy);

2.7.Documents confirming the ownership of the collateral serving as leasing security (these documents may not be required if the Bank has received the information in electronic form in accordance with the established procedure): property certificates, customs declarations, invoices and other documents necessary for pledging (in case of collateral availability);

2.8. Copies of licenses (if any);

2.9.Identity document;

2.10. Document containing the public service number;

2.11. Copy of marriage (divorce, death of spouse) certificate;

2.12. Rating (if any);

2.13. other documents (if necessary).