The article provides information about the taxation system in Georgia. It shows that the taxes are comparatively low in the country.
Thanks to successful outcome of conducted reforms, Georgia was able to set up excellent conditions for doing business, including foreign businesses. Large number of companies here are registered by citizens of Russia, Ukraine, Turkey, Armenia, Iran, since the conditions for export activities in Georgia are considered the best in the Black Sea region. In addition, the country’s successes were marked […]
Would you like to make a promising investment and purchase a potentially profitable asset on attractive terms? If you would, we invite you to consider the auction lot that came up a short while ago: former government dachas in Tskhneti, Georgia. This lot should be interesting for the investors who want to engage into hotel […]
The government presents at the investment auction in Georgia new objects of real estate in replacement of already sold ones. Attractiveness of this project is due to chances of purchasing property at fair prices along with the simplified procedure of privatization. Owing to this, investors who want to open a company in Georgia or expand […]
Opening business in Georgia is quite simple; you also may accelerate the process by purchasing real estate under very beneficial terms. Here we speak of the auction held by the Georgian government, where the state property of various designations (land areas for hotels, manufacture, medical or educational institutions) is “sold out” at fair prices. These […]
Business in Georgia offers wide opportunities for foreign investors. This country provided perfect conditions for making business on a worldwide level: possibility of optimizing taxation, free access of goods to global markets, low cost of company maintenance, and high level of confidentiality of business. At the end of 2019, the government of Georgia decided to […]
In the end of November 2019, the Georgian government announced the start of mass privatization of the state property. Initially it was planned that “sellout” of the property will begin in January 2020; therefore, many investors were not ready for such rampant development of situation. Privatization is a great opportunity for most businessmen to open […]
Free access to Internet explicitly shows the level of democracy in the country. In a recently published rating Freedom House “Index of Internet Freedom 2019”, Georgia with its 75 points entered TOP-10 countries, which certifies the high level of public freedom. The report states that the government of Georgia treats digital rights of people with […]
A company in Georgia can bring many benefits to non-residents. Having registered such a company, you may optimize taxation as well as obtain other advantages. Moreover, the Georgian jurisdiction is very attractive die to its confidentiality. Let us remind that Georgia does not participate in the automatic exchange of fiscal data with other countries (CRS). […]
Georgia is the small country located to the west of the Caucasian mountains and washed by the Black Sea on the east. The economy of the country is mostly oriented on tourists. The main exporting goods in Georgia are copper, gold, nuts, automobiles, drugs, and ferrous alloys. Import is mostly represented by oil products and […]