Value Added Tax (VAT) is one of the most common taxes in the world and levied on all goods and services produced or provided within the borders of each state. Georgia is not an exception, and VAT occupies an important place in the tax system. In this article, we will
Georgia is recognised as one of the world’s most business-friendly country. With minimal bureaucracy and no restrictions on foreign ownership, it offers an ideal environment for entrepreneurs and investors. Positioned strategically between Europe and Asia, Georgia serves as a gateway to both markets, making it a prime location for business
Georgian citizenship refers to an individual’s legal affiliation with the country, which has emerged as the most demanding topic of discussion. Many individuals are eager to reclaim their Georgian citizenship or acquire it for various compelling reasons. This article aims to provide a detailed overview of the available methods for
The World Bank report has highlighted that Georgia boasts one of the lowest tax burdens globally. The significance of tax residency determination cannot be overstated, particularly in light of the growing trend of global migration. This is due to the fact that individuals who earn income in one country while
Why it is important to comply with Occupational Health and Safety Regulations? Occupational Health and Safety Regulations in Georgia: Summary: Occupational Health and Safety: Achieving the Objective; The Implementation Measures for Occupational Health and Safety; Safety and Health Strategies for the Workplace; Our Role in Creating a safer workplace.
Residence Permit in Georgia Residence Permit in Georgia: Table of Content: Unlocking the Perks: Why Getting a Residence Permit in Georgia is a Smart Move; The Key to a Better Future: Exploring the Feasible Grounds for Obtaining a Residence Permit in Georgia; Georgia is widely recognized for its liberal visa
The Fine Line: Why You Should Be Cautious When Approaching Legal Service Providers at the House of Justice Summary: Thinking About the Possible Outcome Before Hiring Individuals at the Entrance of Justice House; Concluding Transaction – Abide by the Terms of the Legal Service Agreement; Officially Registered Legal Service Provider
Virtual Zone in Georgia: Benefits for Businesses. Virtual Zone in Georgia: A common misconception surrounding the Virtual Zone Status (VZS) suggests that it pertains to remote work. However, this notion is misleading. The VZS tax incentive system is not associated with remote work or the virtual establishment of a business.
Start a business in Georgia Start a business in Georgia: This article discusses the benefits and legal forms available for starting a business in Georgia. The country’s economic growth, ranking 9th among 192 countries according to the International Monetary Fund, is attributed to foreign investments, tourism, transit status, and infrastructure
Obtaining International Company Status in Georgia Obtaining International Company Status in Georgia: Since the early 2000s, the Republic of Georgia has successfully bolstered its global reputation and attracted foreign investments by implementing favourable tax policies and fostering a conducive business environment. This has resulted in Georgia becoming a highly sought-after
Individual Entrepreneur in Georgia If you search for “Individual Entrepreneur in Georgia” in a search engine, you will come across a huge number of articles that tell almost the same story. Our task now is to create a unique and informative text and include everything that is needed. Let’s start
The National Bank of Georgia has recently introduced regulations pertaining to the registration and operation of Virtual Asset Service Providers (VASPs) in the country, which
The recent amendments to the Georgian Labour Migration Law have introduced a mandatory requirement for all foreign nationals employed by Georgian enterprises to be registered
Changes to the “Customs Code of Georgia” — The “Customs Code of Georgia” has undergone changes with regard to the declaration of goods. Previously, there
Revocation of Small Business Classification and Closure of Individual Entrepreneur Status The Tax Code of Georgia was amended on April 18 to allow individual entrepreneurs
Ensuring Regulatory Compliance: Re-registration Demands for Companies Established Before 2022 The Law of Georgia “on Entrepreneurs” was amended in January 2022, resulting in enhanced regulations
Changes regarding VAT in the tourism Sector Order No. 107 on March 28, 2023 Georgia has emerged as a prominent global destination that offers a
