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Posts by: taxconsulting
International IT Company

1. Introduction In order to further improve the business environment in the country, to strengthen Georgia's potential as a regional hub, and to increase the interest of multinational international IT companies, the Government of Georgia allows companies to obtain "International IT Company" status and benefit from tax breaks.[...]

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Remotely From Georgia

1. Introduction As part of the strategy to gradually open the country and to boost the tourism industry the Georgian Government has decided to allow foreign citizens to enter Georgia under a special regime. A new platform " Remotely from Georgia" has been launched for foreign citizens wishing[...]

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Visiting Georgia During COVID-19

1. Visa Requirements 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 travelers may be eligible to travel to Georgia without a visa if they meet[...]

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Virtual Zone IT Company

1. Introduction One of Georgia’s goals is to become an information technology center in the region, and since 2011 the country has been attracting international investment and stimulating the IT business. Even from January 1, 2011 law on information technology zones came into force, changes were made to[...]

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Free Industrial Zone Enterprise

1. Introduction One of the most privileged and popular statuses among other statuses provided by Georgian tax legislation is the Free Industrial Zone Enterprise (hereinafter “FIZ Enterprise” or ”FIZ Company”). Entities with this status are exempt from almost any taxes and enjoy favorable customs framework. That’s why the temptation[...]

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August 1, 2019
How to certify documents for use in Georgia

1. Introduction The documents issued or caused to be issued by the authorities of foreign countries for use in the territory of Georgia needs to be certified, either by having an apostille affixed to it, or legalized. 2. Apostille An Apostille is a French word meaning certification. It[...]

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Doing Business in Georgia

Business Environment Georgia is a great destination for investors and companies from all around the world with stable economic development, liberal and free market oriented economic policy, low tax rates, significantly simplified administrative procedures, low level of corruption and bureaucracy, significantly decreased number of licenses and permissions, competitively[...]

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