Criminal liability of legal entities in Armenia

The concept of corporate criminal liability has developed and permeated into the legal regimes of countries around the world. After the adoption of the new Criminal Code, legal entities are already subject to criminal liability in Armenia.Here you can find some main points of criminal liability of legal entities under the new regulation:

Without accounting for all the subtleties of application, under the new Armenian Criminal Code, legal entities are subject to criminal prosecution, if the crime is committed by a person who has the authority to affect the actions of a legal entity and who is acting on behalf of a legal entity and in its interests.

The conviction of an individual does not exclude the criminal liability of a legal entity for the same crime.

A legal entity is not subject to criminal liability if the shareholders have taken reasonably necessary means to prevent the crime.

A legal entity is exempt from criminal liability:

If it has eliminated the causes and conditions conducive to the commission of a crime (if any);
Compensated for the damage caused and smoothed out other consequences of the alleged crime;
Returned the property acquired as a result of the crime, including the income received.

The new Code also provides measures that can be applied to legal entities, such as: