{"id":267,"date":"2023-04-13T13:16:04","date_gmt":"2023-04-13T13:16:04","guid":{"rendered":"https:\/\/companyformationgeorgia.com\/?p=267"},"modified":"2023-04-13T13:16:06","modified_gmt":"2023-04-13T13:16:06","slug":"trading-in-georgia","status":"publish","type":"post","link":"https:\/\/companyformationgeorgia.com\/trading-in-georgia\/","title":{"rendered":"Trading in Georgia"},"content":{"rendered":"\n<p>The Georgian Government enacted regulations and<strong>\u00a0taxes regimes attractive for foreign investors<\/strong>, as the\u00a0<strong>Georgian market<\/strong>\u00a0has the potential of\u00a0<strong>economic growth<\/strong>\u00a0due to its perfect location, situated at the shortest access way from Europe to Asia. Georgia is actively seeking to enhance European business and social values and, in 2014, it had signed the\u00a0<strong>Deep and Comprehensive Fee Trade Agreement<\/strong>, that had opened that way to\u00a0<strong>Euro-Atlantic integration<\/strong>. If you are interested in\u00a0<strong>opening a company in Georgia<\/strong>,\u00a0<a href=\"https:\/\/www.companyformationgeorgia.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>our company formation agents<\/strong><\/a>\u00a0can offer you important details on the characteristics of theeconomy.\u00a0<\/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\/trading-in-georgia\/#trading-sectors-in-georgia\" title=\"Trading sectors in Georgia&nbsp;\">Trading sectors in Georgia&nbsp;<\/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\/trading-in-georgia\/#trading-partners\" title=\"Trading partners&nbsp;\">Trading partners&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"trading-sectors-in-georgia\"><\/span>Trading sectors in Georgia&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The most&nbsp;<strong>representative<\/strong>&nbsp;<strong>trading partners for Georgia<\/strong>&nbsp;are the European Union and Turkey.&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/imports-and-exports-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Import and export activities<\/strong><\/a>&nbsp;have improved in the last years, with an increase of 5% in foreign trade in 2014, compared with the previous year. The&nbsp;<strong>volume of imports increased in 2014 by 7%<\/strong>, accounting a total value of $ 5.7 billion. If you want to<strong>&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/company-register-in-georgia\" target=\"_blank\" rel=\"noreferrer noopener\">register a company in Georgia<\/a><\/strong>&nbsp;in the field of&nbsp;<strong>trading<\/strong>, you should know that the most&nbsp;<strong>profitable import &#8211; export industries<\/strong>&nbsp;(at the level of 2013) were the following:<\/p>\n\n\n\n<p>1. In terms of&nbsp;<strong>exports<\/strong>, which accounted for a value of $ 3.45 billion, the top industries were:<\/p>\n\n\n\n<p>\u2022 cars;<\/p>\n\n\n\n<p>\u2022 crude petroleum;<\/p>\n\n\n\n<p>\u2022 ferroalloys;<\/p>\n\n\n\n<p>\u2022 copper ore;<\/p>\n\n\n\n<p>\u2022 various types of nuts.<\/p>\n\n\n\n<p>2. The<strong>&nbsp;import market<\/strong>&nbsp;was comprised of:&nbsp;<\/p>\n\n\n\n<p>\u2022 refined petroleum;<\/p>\n\n\n\n<p>\u2022 cars;<\/p>\n\n\n\n<p>\u2022 petroleum gas;<\/p>\n\n\n\n<p>\u2022 medicaments;<\/p>\n\n\n\n<p>\u2022 wheat.<\/p>\n\n\n\n<p>&nbsp;The<strong>&nbsp;total value of the imports&nbsp;<\/strong>raised to the value of $ 8.4 billion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"trading-partners\"><\/span>Trading partners&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In terms of<strong>&nbsp;exports<\/strong>, the main&nbsp;<strong>trading partners<\/strong>&nbsp;of Georgia are: Azerbaijan, Bulgaria, Armenia, Ukraine and Russia. The&nbsp;<strong>top import partners<\/strong>&nbsp;are: Turkey, Russia, Azerbaijan, China and Ukraine.&nbsp;<\/p>\n\n\n\n<p>The&nbsp;<strong>Georgian market&nbsp;<\/strong>exports 120 products with a&nbsp;<strong>revealed comparative advantage<\/strong>, meaning that the&nbsp;<strong>exported products and goods<\/strong>&nbsp;have exceed the share the country typically has for those specific products.&nbsp;<\/p>\n\n\n\n<p>If you are interested in&nbsp;<strong>company formation in the trading field<\/strong>, please&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>contact our company formation agents in Georgia<\/strong><\/a>, who can offer you an in-depth presentation on the&nbsp;<strong>economic environment&nbsp;<\/strong>and business opportunities available here.&nbsp;<\/p>\n\n\n\n<p>We invite you to address to our consultants if you want to&nbsp;<strong>start a company in Georgia&nbsp;<\/strong>in the&nbsp;<strong>trading industry<\/strong>. We can, of course, provide legal representation if you want to register a business in any other industry.&nbsp;<\/p>\n\n\n\n<p><strong>Georgia<\/strong>&nbsp;is an attractive business destination, which benefits from a simplified incorporation procedure, far simpler than the one imposed in other countries.&nbsp;<\/p>\n\n\n\n<p>Concerning this matter, it is important to know that if you will&nbsp;<a href=\"https:\/\/www.companyformationgeorgia.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>start a business in Georgia<\/strong><\/a>&nbsp;you will benefit from one of the most efficient registration systems, the 2nd at a global level, according to the World Bank.&nbsp;<\/p>\n\n\n\n<p><strong>Georgia<\/strong>&nbsp;ranks as the 2nd country on the process of starting a business, but it has other factors where it has very good national results (enforcing contracts, investor protection etc.).&nbsp;<\/p>\n\n\n\n<p>If you are interested in knowing information about the tax system in this country, which is also one that applies only few taxes, imposed at very reasonable rates, you can refer to&nbsp;<strong>our accountants in Georgia<\/strong>.&nbsp;<\/p>\n\n\n\n<p>Our accountants can offer information on any of the taxes charged here, as well as on the tax minimization procedures regulated by the national tax legislation.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Georgian Government enacted regulations and\u00a0taxes regimes attractive for foreign investors, as the\u00a0Georgian market\u00a0has the potential of\u00a0economic growth\u00a0due to its perfect location, situated at the shortest access way from Europe to Asia. Georgia is actively seeking to enhance European business and social values and, in 2014, it had signed the\u00a0Deep and Comprehensive Fee Trade Agreement, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":185,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10,102,101],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trading in Georgia<\/title>\n<meta name=\"description\" content=\"If you are interested in setting up a company in the field of trading, our Georgian company formation agents can provide you with advice and legal representation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/companyformationgeorgia.com\/trading-in-georgia\/\" \/>\n<meta property=\"og:locale\" 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