Investment Projects, Business Armenia IT Development Team in Yerevan | Page 7

For establishing an IT company with 5 employees, the following specialists will be
needed:
Position
Number of
employees
Gross monthly
salary (USD)
Income tax
Net monthly
salary (USD)
Project Manager 1 $ 1,500 28% $1,030
Senior Developer 1 $ 2,070 28% $1,450
Mid Developers 2 $ 1,200 28% $830
QA & Tester 1 $ 900 28% $620
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