General observation is that accepting any material incentive that can influence an official or public servant decision making and benefit both the relevant official and the person providing such material incentive can be treated as an offence. We advise companies to develop internal compliance policies in accordance with the limitations imposed by relevant legislation of the Republic of Armenia as well as the relevant rules of ethics on liaising with state officials and/or public servants and specific guidelines on the gift, study tour and entertainment policies. Although underdeveloped and internally drafted, these regulations will precisely guide the company employees’ activities with a view to refraining from any action which might potentially imply the violation of the stated laws and regulations.