Registration of a company in the FIZ of Georgia: update for the year 2020

Registration of a company in the FIZ of Georgia: update for the year 2020


In an increasingly complex business environment with stringent tax and fiscal regimes, businesses are in the lookout for more favorable ways of organizing and conducting business. Read the article to learn about Free Economic Zones in Georgia, as one of the best ways to do business under most optimal terms, and to have access to key markets in the world.

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Incorporating a company in Georgia in 2020: anti-crisis advantages offered by the jurisdiction

Incorporating a company in Georgia in 2020: anti-crisis advantages offered by the jurisdiction


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 […]

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Comparison of Free industrial zones in Georgia

Comparison of Free industrial zones in Georgia


In several years, Georgia had greatly strengthened its positions among investors on a global market. Businessmen from other countries are especially interested in tourist sphere, real estate, and possibility of optimized taxation. The latter is realized in Georgia at a quite high level. We speak here of special territories called Free industrial zones (FIZ). When […]

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Free Industrial Zone in the city of Poti, Georgia

Free Industrial Zone in the city of Poti, Georgia


Georgian Free Industrial Zones (FIZ) provide for a good opportunity to improve a business company performance by lessening the tax burden. Companies registered in such Zones do not pay the VAT, the profit as well as the dividend taxes. By creating beneficial conditions for doing business in FIZ, the Georgian government has made many foreign […]

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Tbilisi Free Industrial Zone

Tbilisi Free Industrial Zone


A Free industrial Zone (FIZ) is a special business territory with reduced taxes. There are several such Zones in Georgia and their main task is to attract investment capital to the country. Each Zone has its own particular advantages and each of them may turn out especially attractive for a company working in a certain […]

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Free Industrial Zones in Kulevi and Kutaisi

Free Industrial Zones in Kulevi and Kutaisi


Many foreign investors find Georgian Free Industrial Zones (FIZ) very attractive. These are special territories with a lower tax burden often referred to as tax havens. Both legal entities and private entrepreneurs registered in a FIZ pay almost nothing in taxes on the condition that they export their produce to other countries. Another valuable merit […]

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Kutaisi Hualing Free Industrial Zone

Kutaisi Hualing Free Industrial Zone


Doing business in Georgian Free Industrial Zones (FIZ) is considerably more efficient due to the lower tax burden in such zones. Thus, it is no surprise that FIZ attract investors. It is enticing indeed to have a business in a country with a stable economy, adequate legislation, and loyal government support. So, what exactly attracts […]

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Registration of a company in Georgia

Registration of a company in Georgia


Georgia has been attracting investors from all over the world for several decades already. The state administration actively works on simplification on procedures of registration of legal entities and proprietors, lower taxes, and creates zones with beneficial taxation. The favorable investment climate of the country was marked by the World Bank, which in 2018 placed […]

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