Business

Tax consulting services in Tbilisi

Georgian tax legislation is designed to attract foreign investors. Tax rates are low and there are number of special tax-statuses that businesses can obtain to optimize their taxes.

Georgian Entrepreneurs Travel to Germany under the Fit for Partnership program

A Memorandum of Understanding about the start of the Fit for Partnership Managerial Qualifications Program was signed.

Basa Janikasvili and Davit Doi Raised Investment to Stage Musical Based on Irakli Charkviani's Music

In the final episode of the TV show "Shark Tank Georgia", director Davit Doiashvili, well known to Georgian theater fans, and writer and playwright Basa Janikashvili raised GEL 200,000 investment.

First Drive-Through Pharmacy Opened in Georgia

The first Drive-through pharmacy chain has been opened in Georgia. Drive pharmacy services are only available at one location at this time.

New Agricultural Enterprise "Bagcha" Starts Producing Tropical Fruits

New agricultural enterprise "Bagcha" was established in the Guria region.

SpaceX Plans to Provide Internet Through Starlink Satellite System in Georgia

SpaceX plans to provide the internet through Starlink satellite systems in Georgia.

Julián Fernández has Been Appointed Managing Director at APM Terminals Poti

Julián Fernández replaced Keld Mosgaard Christensen as Managing Director of APM Terminals Poti, Georgia and joined the APM Terminals’ European Regional Leadership Team.

Silk Road Bank Ended 5 Months with a Loss of ₾1.5 Million

The dollarization of deposits at Silk Road Bank has increased. As of June 1, GEL 14.6 million is in the non-bank deposit portfolio of GEL 7.4 million in foreign currency. The dollarization rate is 50%.

39 Qvevri Exports Wine to Brazil

The wine production company "39 Qvevri" will export its production to Brazil.