Übersetzung in Arbeit
Georgia is a country of stunning natural beauty and equally attractive business prospects. The country owes this to its unique geographical location and effective measures to improve the investment climate. Therefore, every year Georgia is becoming an increasingly important partner for Europe.
Tourism is not the only area that this Caucasian country can boast of. Georgia's exceptional role as a convenient route between Asia and Europe has played no small part in creating an extremely favourable business environment. With its powerful Black Sea ports, the country has been a major transit country for goods, energy and services for decades.
Georgia has recently taken a step forward in terms of improving the conditions for doing business, achieving excellent results. Transparent tax legislation, low taxation, easy registration of companies - all this allowed the country to make a leap in the Ease of Doing Business ranking in 2019, reaching 7th place. In doing so, the country overtook the UK and came close to the US. These improvements have affected the country's economy in the most positive way. For 2022, Georgia's GDP grew by 10.1% and totalled $24.6 billion.
The government of the Caucasus country can take credit for a free trade agreement with both China and the EU. In addition, the digital infrastructure has changed qualitatively over the past few years, making it even easier and faster to do business in the country.
Progress has fully affected the Georgian society itself. Every year the quality of education is improving, which improves the country's labour force. More and more citizens are getting involved in business, which significantly increases purchasing power. Apparently for this reason, some experts note the high interest of the population in response to mass advertising campaigns.
All this makes Georgia a particularly attractive destination for starting or expanding your business. We will be pleased to tell you about the nuances of doing business in this country in detail.