0186, Tbilisi, Georgia
Monday to Saturday
1. Visa Requirements There are new latest COVID19 Regulations in Georgia which will come into force from 01 June 2021. Foreigners who seek to enter Georgia generally must first obtain a Georgian visa, which is placed in the traveler’s passport (a visa blank) or is issued electronically (electronic[...]
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The National Bank of Georgia (NBG) is considering launching a publicly available Central Bank Digital Currency (CBDC) to leverage new technologies to enhance efficiencies of the domestic payment system and financial inclusion. The CBDC is a direct liability of the central bank that can be used to settle[...]
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After a 10-year pause, Georgia has successfully returned to the international securities market and was able to place a Eurobond at an unprecedentedly low price for the country. The demand of investors was four times more than the amount of the bond, which once again underscores their confidence[...]
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1. Visa Requirements There are certain restrictions for those wishing to visit Georgia during COVID-19 pandemic . Foreigners who seek to enter Georgia generally must first obtain a Georgian visa, which is placed in the traveler’s passport (a visa blank) or is issued electronically (electronic visa). Certain international[...]
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1. Introduction In order to attract foreign investment and boost the 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[...]
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1. Introduction In order to further improve the business environment in the country, strengthen Georgia's potential as a regional hub, and 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. This status[...]
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1. Introduction to Cryptocurrency Taxation in Georgia Due to the growing interest in cryptocurrencies, the Georgian tax agency has issued a public decision regarding cryptocurrency taxation and delivery of computing speed (capacity) operations in Georgia. The public decision explains: A) VAT taxation of the supply of crypto assets[...]
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