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Posts Tagged: Incorporation in Georgia
Special Trading Company

1. Introduction In order to further improve the business environment in the country, to strengthen Georgia's potential as a regional hub, and to increase the interest of multinational international companies, the Government of Georgia allows companies to obtain Special Trading Company status and benefit from corporate profit tax. [...]

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Small Business Entrepreneur

1. Introduction In order to attract foreign investment and boost economy chapter XII of the Tax Code of Georgia offers a special taxation regime for small business entrepreneurs, which imposes significant tax benefits. In general, according to Georgian lax legislation the income of a natural person is taxed[...]

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International Company

1. Introduction In order to further improve the business environment in the country, to strengthen Georgia's potential as a regional hub, and to increase the interest of multinational international companies, the Government of Georgia allows companies to obtain International Company status and benefit from tax breaks. The benefit[...]

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Virtual Zone Company

1. Introduction One of Georgia's goals is to become an information technology center in the region, and since 2011 the country has been attracting international investment and stimulating the IT business. Even from January 1, 2011 law on information technology zones came into force, changes were made to[...]

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Free Industrial Zone Company

1. Introduction One of the most privileged and popular status among other statuses provided by Georgian tax legislation is the Free Industrial Zone Company (hereinafter “FIZ Company” or ”FIZ Enterprise”). Entities with this status are exempt from almost any taxes and enjoy favorable customs framework. That’s why the temptation[...]

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May 21, 2019
Doing Business in Georgia

Georgia is a great destination for investors and companies from all around the world with stable economic development, liberal and free market oriented economic policy, low tax rates, significantly simplified administrative procedures, low level of corruption and bureaucracy, significantly decreased number of licenses and permissions, competitively priced workforce,[...]

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