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Foreign Investments in Georgia

Updated on Thursday 06th September 2018

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Foreign-Investments-in-Georgia.jpgAccording to the data provided by the 2018 edition of the World’s Bank Doing Business Report, Georgia stands out as one of the main destinations for foreign investments as it is now the 9th country at a global level on the easiness of doing business. 
 
This marks a significant improvement compared to the previous year, when the country ranked as the 16th main business destination regarding this index. Our team of consultants in company registration in Georgia can offer in-depth advice on the legislation addressed to foreign investors.  
 

Which are the competitive advantages of Georgia in terms of investments? 

 
Investors who want to open a company in Georgia can benefit from the strategical location of the country, which connects Asian markets with the ones of Europe. In its region, Georgia represents one of the most relevant investment destination as the local authorities have implemented numerous regulations in order to attract foreign direct investments (FDI). Some of the main reasons for investing here are the following: 
 
  • local and foreign investors can benefit from a low corporate tax and a simple procedure for the registration of a business;
  • Georgia has the highest literacy rate at a global level, which is very important when hiring employees;
  • suitable policies aiming at attracting more foreign direct investments in this country, following the principle of non-discrimination;
  • most of the FDI in Georgia is carried in the fields of finance, transportation, tourism and infrastructure
 

Who are the main foreign investors in Georgia? 

 
Georgia attracts foreign investors from a wide range of countries but, as a general rule, most of the foreign direct investments are concluded by countries such as the United Kingdom, Azerbaijan and China (at the level of the first quarter of 2018, these were the main investors). Our team of specialists in company registration in Georgia can offer advice on the tax agreements available for the investors who are tax residents of these countries. 
 
The country receives numerous investments from businessmen residing in countries such as: Turkey, the Netherlands, Luxembourg, Panama, Czech Republic and the United States of America. It is also important to know that foreign companies can easily purchase other companies in this country, following the changes brought to the Law of Entrepreneurs; investors are invited to contact our team of specialists in company formation in Georgia for more details on this matter.  
 

Comments

  • Andrew 2018-09-06

    As I am from UK, I would be interested in finding out the main types of activities that are performed in Georgia by English businessmen. Thank you!

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