VAT in Georgia: Payment Obligations and Timeline
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 consider the main aspects of […]
The Importance of Due Diligence in Business: A Comprehensive Guide
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 ventures. Its excellent transport infrastructure […]
Unlocking the Secrets of Georgian Citizenship: A Comprehensive Manual on the Eligibility and Application Procedures
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 obtaining Georgian citizenship. There are […]
Tax Residency in Georgia
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 residing in another are confronted […]
Why it is important to comply with Occupational Health and Safety Regulations?
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. According to numerous pieces of […]
Acquiring a Residence Permit in Georgia
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 policies, which have made the […]
The Fine Line: Why You Should Be Cautious When Approaching Legal Service Providers at the House of Justice
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 = Legitimate Business; Highly Qualified […]
Virtual Zone in Georgia: Benefits for Businesses
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. Instead, it was implemented in […]
Wishing to start a business in Georgia? Then you have to read this article.
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 capabilities. Additionally, the tax system […]
Obtaining International Company Status in Georgia
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 destination for foreign entrepreneurs. In […]