Position of Georgia in the Doing Business 2020 ranking
When choosing a country for registering a business, you need to determine your priorities, do not forget about operating costs, and understand the peculiarities of the legislation and the country’s taxation system. In countries with the most favorable business environment, a balance of stability and costs is maintained. Key indicators of ease of doing business are taken into account in the annual Doing Business ranking, thanks to which entrepreneurs from all over the world can evaluate and choose the countries that are suitable for their companies. In this article, we will analyze what is the position of Georgia in the Doing Business 2020 rating and why.
Legal services in Georgia
Business owners sooner or later need the help of a qualified lawyer. And the sooner you apply for it, the better because preliminary legal advice is much more pleasant than resolving a dispute in court. It will be quite difficult for you to understand the legal intricacies on your own without special education, and it is doubly difficult to understand the features of the legislation of another country, especially if you and your business are in different states. In this article, we will analyze in detail what legal advice in Georgia consists of and what problems you can avoid by contacting specialists on time.
Closing an LLC: how to properly liquidate a business in Georgia
There is no approved list of reasons why entrepreneurs come to a decision to voluntarily liquidate an LLC. But, more often this happens when the business does not generate income, the project period and financing have expired, critical errors in the accounting statements were discovered, or market changes dictate new rules. Regardless of the reasons, correctly liquidating a business in Georgia is a long and rather complicated legal process, all stages that can be passed remotely by power of attorney. We have compiled step-by-step instructions for you, where everything is in order.
The best jurisdictions to open an international IT company in 2021
IT business has always been an area with high profits, and 2020 has shown that those who are not in the online environment are not even in the market at all. In addition, if you create an application, service, or online courses, you will be able to work not only in your area, city, country but also in the international market, offering services to new potential clients.
LLC registration in Georgia
LLC is the most popular form among legal entities in Georgia, 98% of all opened companies and enterprises are limited liability companies. In other words, this form is called LLC and SPS. In this article, we will look at how is going LLC registration in Georgia.
9 best steps to take immediately after registering an LLC in Georgia
When you have already understood what niche you want to occupy in the Georgian market and have registered a company, now you are just at the beginning of your long journey. In order for the path to be not only long but also successful, it is necessary to take into account the administrative issues that can darken it. We suggest you briefly familiarize yourself with a list of 9 steps that are best done immediately after registering an LLC in Georgia.
Free industrial zones in Georgia
Over the past few years, free industrial zones in Georgia have been a promising destination for businessmen from the CIS and Europe. One of the factors of such interest is undoubtedly a loyal tax policy. In addition, foreign direct investment in Georgia’s FIZs attracts a convenient location between Europe and Asia, direct access to sea routes, developed infrastructure, and low operating costs.
Georgia for business in 2021
According to the Knight Frank Active Capital 2020 study, it is predicted that in 2021 the focus of investors will be on capital flows to the countries of refuge, as well as to the “nearest neighbors”, where potential operational barriers are lower and the risks are more understandable. Among such specific jurisdictions, Georgia for business in 2021 may become an ideal “quiet bay” for creating a new direction or relocating its activities.
How to start your business in Georgia
After carrying out radical reforms, a new history of development began in Georgia. From year to year, this rapidly developing country is rising higher and higher in various world rankings. That‘s why start your business in Georgia is so simple.
IT-company in Georgia
If you are closely related to the field of IT-technologies and want to have a reliable and fairly convenient financial instrument, it is worth considering IT-business in Georgia.