{"id":255,"date":"2023-04-13T11:40:38","date_gmt":"2023-04-13T11:40:38","guid":{"rendered":"https:\/\/companyformationgeorgia.com\/?p=255"},"modified":"2023-04-13T11:40:42","modified_gmt":"2023-04-13T11:40:42","slug":"tbilisi-green-free-industrial-zone-airport-city","status":"publish","type":"post","link":"https:\/\/companyformationgeorgia.com\/tbilisi-green-free-industrial-zone-airport-city\/","title":{"rendered":"Tbilisi Green Free Industrial Zone \u2013 Airport City"},"content":{"rendered":"\n<p><strong>Tbilisi green free industrial zone \u2013 airport city<\/strong>\u00a0in Georgia is the third future\u00a0<strong>free industrial zone in Georgia<\/strong>. When it will be complete, the zone will provide workplaces for more than 1,000 employees and it will be a good base for companies engaged in the production of goods, construction as well as packaging services for various types of goods.<\/p>\n\n\n\n<p>Georgia offers numerous investment opportunities for foreign investors and the&nbsp;<strong>free industrial zones (FIZ)<\/strong>&nbsp;are special areas where entrepreneurs can benefit from government incentives and support. Two other such zones are already operational and they are located in the cities of Poti and&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/open-a-company-in-kutaisi-free-zone-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Kutaisi<\/strong><\/a>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/companyformationgeorgia.com\/tbilisi-green-free-industrial-zone-airport-city\/#tbilisi-green-free-industrial-zone\" title=\"Tbilisi green free industrial zone\">Tbilisi green free industrial zone<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/companyformationgeorgia.com\/tbilisi-green-free-industrial-zone-airport-city\/#the-advantages-of-a-free-industrial-zone\" title=\"The advantages of a free industrial zone\">The advantages of a free industrial zone<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"tbilisi-green-free-industrial-zone\"><\/span>Tbilisi green free industrial zone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Georgia is a country that offers great investment opportunities and welcomes&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/legislation-related-to-foreign-investments\"><strong>foreign investors<\/strong><\/a>. The<strong>&nbsp;free industrial zones<\/strong>&nbsp;were created particularly to attract foreign capital and improve the business environment in the country.<\/p>\n\n\n\n<p>The&nbsp;<strong>Tbilisi green free industrial zone&nbsp;<\/strong>is the third of these types of special areas that are created to provide benefits for investors. The zone is still in its project phase, however, when it will be completed, it will create new jobs for 1,000&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/workforce-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>employees in Georgia<\/strong><\/a>&nbsp;and it will produce approximately 25 million U.S. dollars in its first three years. The&nbsp;<strong>Tbilisi green free industrial zone<\/strong>&nbsp;will be dedicated to companies that produce and package goods.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"the-advantages-of-a-free-industrial-zone\"><\/span>The advantages of a free industrial zone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The most important&nbsp;<strong>advantage of the three free industrial zones in Georgia<\/strong>&nbsp;is that, within these areas, investors benefit from a very favorable tax regime. The beneficial tax and customs policies include:<\/p>\n\n\n\n<p>&#8211; no property tax for companies incorporated in a FIZ;<\/p>\n\n\n\n<p>&#8211; <a href=\"https:\/\/www.companyformationgeorgia.com\/workforce-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>no VAT<\/strong><\/a>&nbsp;on foreign goods imported in the FIZ;<\/p>\n\n\n\n<p>&#8211; no VAT for transactions between business entities incorporated in a special zone;<\/p>\n\n\n\n<p>&#8211; no customs duty for exports from a FIZ within the country.<\/p>\n\n\n\n<p>Business owners can set up any&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/companies-types-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>type of company<\/strong><\/a>&nbsp;in a free industrial zone. However, certain types of businesses, like hotels in Georgia, cannot be based in one of these areas. Other businesses prohibited from functioning within a FIZ are those engaged in the production of nuclear or radioactive agents or those that produce arms and other defense technologies.<\/p>\n\n\n\n<p>Our&nbsp;<strong>company formation agents in Georgia&nbsp;<\/strong>can help you know more about the benefits for investors in the country. We can help you&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/set-up-poti-free-zone-company-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>open a company in Georgia in the Poti Free Zone<\/strong><\/a>&nbsp;or in Kutaisi.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.companyformationgeorgia.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Contact our company registration agents in Georgia<\/strong><\/a>&nbsp;for more information about the policy for foreign investments.<\/p>\n\n\n\n<p>Companies must also complete accounting obligations. Regardless of the accounting procedures (simple or complex) required for your business, they must always be completed with the assistance and the supervision of&nbsp;<strong>accountants in Georgia<\/strong>.&nbsp;<\/p>\n\n\n\n<p>This is a legal requirement that is set out in the&nbsp;<strong>Law on Georgia on Accounting, Reporting and Audit (Article 4 \u2013 Keeping Accounts, paragraph 3<\/strong>&nbsp;stipulates this obligation a legal entity will have).&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tbilisi green free industrial zone \u2013 airport city\u00a0in Georgia is the third future\u00a0free industrial zone in Georgia. When it will be complete, the zone will provide workplaces for more than 1,000 employees and it will be a good base for companies engaged in the production of goods, construction as well as packaging services for various [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[86,85,84,83],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tbilisi Green Free Industrial Zone \u2013 Airport City<\/title>\n<meta name=\"description\" content=\"The Tbilisi Green Free Industrial Zone \u2013 Airport City in Georgia is the third special investment zone in the country. 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