What is FEZ?


1 August

ECOS has made significant contributions to the development of the blockchain industry.


ECOS is the founder of the FEZ (Free Economic Zone), which has received strong support from the Armenian government. Companies that become residents of FEZ can enjoy a range of advantages (tax incentives, access to infrastructure, etc.).

The FEZ project aims to:

  • create a favorable environment for IT businesses to operate in;
  • stimulate the production of innovative digital products and services.


During FEZ establishment, ECOS received guidance from KPMG (the Big Four) to ensure that the project met all legal and regulatory requirements. The partnership with the Armenian Government and KPMG during the founding of FEZ makes ECOS a reputable company in the blockchain industry, with a proven track record of delivering high-quality services and solutions to its clients.

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