Our consultants can help investors conclude the company incorporation procedures specific to the cryptocurrency industry; you can also rely on our team on the formalities of obtaining the cryptocurrency license or finding out the latest cryptocurrency regulations approved by the Georgian authorities. The bitcoin industry in Georgia is developing at a fast pace, as the country created in…
A trust in Georgia is established as a fiduciary relation between three parties, in which a party grants a trustee the right to manage various assets. In order to open a company in Georgia set up as a trust, the parties will need to conclude a trust document, generally referred to as a trust deed. Our team of company formation representatives in Georgia can…
Georgia can represent the ideal location for starting an information technology (IT) company, as the field has been developing at a fast pace in the last years. Investors interested in opening a company in Georgia in the IT sector should know that at the level of 2009, only 20% of the population had internet access and only few…
The level of taxation applicable by the Georgian authorities represent one of the most advantageous in its region. Georgia benefits from low taxes, applicable to both companies and natural persons. It is important to know that the country applies only few types of taxes compared to other countries and it can also offer attractive tax regimes for foreign businessmen interested in…
Poti is the first free industrial zone in Georgia developed by an investment authority from the United Arab Emirates in collaboration with the Georgian government. Investors who set up a Poti free zone company in Georgia enjoy certain tax benefits, a great location and other business opportunities. The city of Poti is a port in Georgia with access to the Black…
Georgia is an attractive country for foreign investors and one investment option entrepreneurs have in this country is to open a holding company. This type of company offers a number of advantages when compared to a limited liability company, for example. The holding company will allow its founder to purchase equity ownership in other…
Due to its geographical position, Georgia has a long tradition in developing import and export operations. The country is located between the Western and the Eastern worlds, and has important terrestrial roads and well as maritime routes. Georgia has had over the year numerous types of investment policies that aimed at attracting foreign investors, but in the…
Georgia has a standard VAT rate of 18% that applies to certain taxable transactions, depending on the business field and the commercial activity of the Georgian company. The value added tax (VAT) is just one of the applicable taxes for companies in Georgia and certaintaxpayers in the country must be registered for VAT purposes. The registration for VAT can be voluntarily…
A liaison office in Georgia is a good investment option for those foreign investors who want to test the available market by doing the necessary research and engaging with their potential customers prior to starting a business activity in Georgia. The liaison office provides certain advantages and it can be used as an intermediary between the Georgian…
The shareholder of a Georgian subsidiary is represented by the foreign company that decides to operate in a foreign market through this business form. Unlike the branch, this type of business form gives the foreign company the possibility to detach itself from the liabilities of its subsidiary. The foreign parent company will thus establish its presence in Georgia by incorporating…
