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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Place of Georgia in the rating Doing Business 2020

Place of Georgia in the rating Doing Business 2020


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 […]

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A unique combination: a Georgian company and a corporate account in Bank of Saint Lucia International Limited starting from 6 950 EUR

A unique combination: a Georgian company and a corporate account in Bank of Saint Lucia International Limited starting from 6 950 EUR


Establishing a company in Georgia in 2019 from the point of increasing productivity of business is attractive for many non-residents. A small Caucasian country draws non-residents in with the possibility of optimizing taxation and with a free exit of products marked “Made in Georgia” to markets of Europe and China. The latter is especially relevant […]

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The face of Virtual Zone in Georgia

The face of Virtual Zone in Georgia


Computer technologies and Internet play an important role in global business and lives of ordinary people. These spheres are currently the most promising for investors; everyone knows about such IT corporations as IBM, Microsoft, and Apple. These are flagmen of development of innovative technologies that directly influence lives of people around the world. In Georgia, […]

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Types of entrepreneurship in Georgia

Types of entrepreneurship in Georgia


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 […]

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Registration of sole proprietor in Georgia

Registration of sole proprietor in Georgia


Acting as a sole proprietor is the most popular form of business in Georgia. As of 1 February, 2019, the number of active sole proprietors in the country made 96 866, which is 53,63% of the total number of all active economic subjects. The interest in this form of business is explained by simplicity of registration. […]

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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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