CREDO Bank became FINCA BANK GEORGIA’s 100% shareholder on 7 July 2021; 3 months later, in an unprecedentedly short period…
Category: Business
Top 5 Things to Watch in Markets in the Week Ahead
Despite high-profile earnings report misses, a central bank surprise decision, and uninspiring economic data, markets pushed higher to close out…
Vira Platonova Receives the Future of Emerging Europe Award in „Female Business Leader of the Year“ Category
Vira Platonova, Senior Vice President and Group Country Manager, CISSEE, Visa, has been recognized as the “Female Business Leader of…
Visa Digitally Enables 16 Million SMBs on Path to Reaching 50 Million Goal Worldwide
Visa (NYSE: V) today announced it has helped to digitally-enable an estimated 16 million small and micro businesses (SMBs) worldwide,…
A New Stage Begins at „Credo Bank“
The last large-scale transaction in the Georgian financial market took place about a month ago. Credo Bank acquired a 100%…
New Approach of Georgian Tax Authorities Regarding „Virtual Zone Persons“
Introduction Companies providing certain type of IT services from Georgia to foreign customers can obtain a certificate of “Virtual Zone…
„Small Business“ Status (1% Taxation) in Georgia Does Not Apply to Employment Contracts. What to Know?
Introduction If an individual qualifies under a “small business” status, he/she can enjoy 1% taxation in Georgia. Although, there are…
Tax Incentives in Georgia for It Companies Holding the Status of a “Virtual Zone Person” or an “International Company”, Which One Is Better and Why?
The Republic of Georgia offers multiple tax benefits to IT firms registered in Georgia who provide services abroad. In particular,…
Republic of Georgia - “Tax paradise” for Natural Person Entrepreneurs
ECONOMICS GELA BARSHOVI – CURRENT EVENTS.
A Few Among Many Reasons of Why to Invest in Georgia
You need only one day and no capital to found a company in Georgia.