Georgia is a fresh jurisdiction offering competitive advantages to international business. In order to insure economic development, Georgia adopted laws on Free Trade Zones, allowing foreign investors to run business in tax free environment.  There are 4 Free Zones in Georgia: Tbilisi, the sea port Poti, Kutaisi and Kutaisi Hualing. Besides taxation allowances Georgia provides cost-effective possibilities for manufacturing and local office establishment. 

Incorporation takes 1-2 days and can be done remotely. There are no restrictions on foreign ownership of companies. Therefore, any legal and natural person is allowed to register a company in Georgian Free Zones.

Companies in Free Trade Zones are not subject to corporate tax, dividends, VAT, and property taxes. 4% import/export duty is levied on companies which have transaction within other Free Trading companies and mainland Georgian. 

Substance office is highly recommended in today’s business and local office with employees, telephone line and mail box can be set in Georgia within relatively low budget.