18. Is there a limit on the amount a donor can contribute to a candidate?

Art. 26 - "2. The campaign fund of a candidate shall be formed from: (1) his or her personal funds; (2) funds provided by the political party that has nominated him or her; (3) voluntary contributions by persons having the right to vote.

3. The campaign fund of a political party (alliance of political parties) running in the elections shall be formed from: (1) funds of that political party (member political parties of the alliance); (2) personal funds of a candidate included in the candidate list of the political party (alliance of political parties) running in the elections; (3) voluntary contributions by persons having the right to vote."

Art. 92 - "3. Every natural person may make a contribution to the campaign fund of a political party (alliance of political parties) in the amount of up to 500-fold of the minimum salary."

Source: Articles 26 (2), (3) and 92 (3), Electoral Code of the Republic of Armenia, 2016

Only natural persons can contribute to the campaign fund of a political party (alliance of political parties), in the amount of up to 500-fold of the minimum salary.