The onset of heavy economic downturn is not far off, and many businesspeople have already been thinking about new ways to optimize their business so as to avoid drastic declines in their profits. Georgia is one of the few countries nowadays, which offers a realistic opportunity to reduce tax and fiscal expenses, while maintaining high confidentiality […]
Georgia is the small country located at the crossroads of Asia and Europe, which attracts both tourists and people of business. The interest of the latter in the Georgian jurisdiction is explained by the fact that Georgia created favorable conditions for making business, especially if a company deals with export of products to Europe or […]
Non-residents may easily register LLC in Georgia. This country offers nice conditions for starting business. Efforts of the Georgian governments aimed at organization of a favorable investing climate could not have gone unnoticed by the global community. In 2019, The World Bank in its rating Doing Business placed this small Caucasian country on the 6 […]
Georgia is the country that can be proudly and honestly called the homeland of wine. Here manufacturing of the heady drink was started as long as 8 000 years ago. Wine takes a special place in the Georgian culture; drawings of grapevine and wine are found on every cultural monument, while the method of wine aging […]
Having heard the word “Georgia”, most of us immediately imagine mountains, the Black Sea, wine, hachapuri, and hospitable people in their minds. This all, together with historic monuments and beautiful nature, attracts tourists from around the world. Thus, during July of 2019 Georgia was visited by 1,099 million of foreigners, which is 5,8% more than […]
We recommend non-residents to consider an option of establishing a company in Georgia in 2019 by many reasons. The country provides favorable conditions for making business: simplicity of registration of legal entities and sole proprietors, absence of red tape, beneficial and clear terms of taxation, high quality of service, and what is most important for […]
Although Georgia is not currently leading among countries with developed IT, it still belongs to leaders in cryptocurrency mining. According to the published rating of the Global Cryptocurrency Benchmarking Study, in 2017 Georgia took the 2nd place worldwide (following China) by the scope of mining. As of 2019, cryptocurrency mining in the country had not […]
Georgia has been paying much attention to creating an image of the country where it is possible and reasonable to spend a vacation and to make business successfully. As result of reformations take by the government, registration of new companies in the country became much easier; the tax system has become one of the most […]
Georgia does not participate in the system of automatic exchange of information between tax bodies of different countries. Owing to this many non-residents, especially from neighbor countries, began to consider this jurisdiction as another option for their cash flows. Interest in Georgia has increased even more after toughening of the bank policy regarding non-residents among […]
Owing to a moderate level of taxation, simple registration and business leading, low cost of bank services, and all-round state support, popularity of Georgia among foreign investors had greatly increased. Many citizens of CIS and neighbor countries consider Georgia as one of the places for making business. The reason is not only the loyal system […]