Starting from 1 January 2019, companies and organizations that are engaged in business deals with administrative bodies of Georgia are obliged to conduct such affairs
Blockchain has become an essential modern technology not only for virtual currencies, but it has also demonstrated high potential of revolutionizing daily operations of private
Blockchain has become an essential modern technology not only for virtual currencies, but it has also demonstrated high potential of revolutionizing daily operations of private
Georgian Law Developments 1. GEORGIA AND ENERGY CHARTER TREATY The 1994 Energy Charter Treaty (“ECT”) ratified by Georgia on 22 February 1995 entered into force
GEORGIA AND ENERGY CHARTER TREATY The 1994 Energy Charter Treaty (“ECT”) was ratified by Georgia on 22 February 1995 and entered into force on 16
New Balance of Interests between Lawful Owners and Good Faith Purchasers INTRODUCTIONOn 17 October 2017, the Constitutional Court of Georgia rendered an important judgement regarding
Value added tax (VAT) is one of the most essential taxes in Georgia. In 2019, VAT corresponded to 44% of the tax revenues of the Georgian budget. It may be
The Tax Code of Georgia (the Tax Code) was amended in July 2019 to provide specific taxation benefits for international companies. Nevertheless, until today Georgian legislation did not prescribe the criteria
