Investment framework and opportunities in Georgia

Procedures Relative to Foreign Investment

Freedom of Establishment: Freedom to take holdings is guaranteed.
Acquisition of Holdings: There are no restrictions on acquiring of a company by a foreign national or a foreign company in Georgia.

The property, investments and the rights of investors are protected and guaranteed by law in Georgia. Property rights are guaranteed by article 21 of the Georgian Constitution. The law defines simple and well defined mechanisms to make investments, to acquire (or transfer) properties and companies in the country.
According to the constitution of Georgia international treaties have direct legal force in Georgia, which ensures a liberal legislative environment for conducting business and making investments in the country.
Obligation to Declare: In order to establish an enterprise a number of documents must be submitted to the National Agency of Public Register of Georgia.Those documents depend on the legal form of the enterprise and may be found in the "Law on Entrepreneurs".
To learn more about the process of registration, please visit Invest in Georgia website.
Competent Organisation For the Declaration: Ministry of Finance
National Agency of Public Register (Georgian)
Requests For Specific Authorisations: Investing in certain sectors is restricted by law - manufacturing and distribution of nuclear, biological and chemical weapons, as well as building of testing ranges, implementation of scientific research related to human cloning, production of narcotics and other activities prohibited by international agreements. Investments in these sectors can only be made through special permits or licenses. Law on Promotion and Guarantees of Investment Activity protects foreign investors from subsequent legislation that may alter the condition of their investments for a period of ten years (grandfather clause). To learn more about the permit and licenses needed to start a business, please consult the Investor's Handbook by Invest Georgia.

Investment Opportunities

Investment Aid Agency: Agency for the Promotion of Foreign Investment
Tenders, Projects and Public Procurement: Tenders Info, Tenders in Georgia
Globaltenders, Tenders & Projects from Georgia
DgMarket, Tenders Worldwide
Other Useful Resources: Ministry of Regional Development and Infrastructure
Ministry of Economy and Sustainable Development

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