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Posts by: Nodar Phirtskhelava
Февраль 26, 2026
New Regulations for Foreigners in Georgia: A Comprehensive Guide to the 2026 Labor Migration Rules

Introduction The landscape for foreign professionals and entrepreneurs in Georgia is changing. On February 20, 2026, the Georgian government issued Resolution №70, introducing a rigorous new framework for obtaining the Right to Work. Whether you are a "Labor Immigrant" looking to join a local company or a "Self-Employed Foreigner" running your own business, these rules—effective[...]

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Февраль 20, 2026
Georgia Work Permit Reform 2026: New Migration Law Changes Effective March 1, 2026

Introduction As of March 1, 2026, Georgia is introducing the most significant changes to its migration and labor framework in years. For foreign nationals seeking to work, run a business, or reside in Georgia, the legal landscape will be transformed—especially with the introduction of a mandatory work permit system in Georgia and tighter residence permit requirements.[…]

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Unlock Your Future in Georgia: New IT Residency Permit & Tax Advantages

Introdcution We're excited to share some groundbreaking news from the Georgian government, aimed at fostering the growth of the IT sector and attracting international talent. Starting September 1, 2025, amendments to the Georgian Law "On the Legal Status of Aliens and Stateless Persons" come into force. New IT Residency Permit in Georgia significantly simplifies the[...]

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New rules for taxation of multinational companies in Georgia

From October 1, 2021 The Tax Code of Georgia, established that a taxable person, who is not established or has no habitual residence in Georgia, or has no fixed establishment in Georgia engaged in the supply of the digital services in Georgia, must pay Value Added Tax (VAT) as of October 1, 2021. Who must[...]

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Regulations for Crossing the Georgian Border in connection with the COVID-19 pandemic (Last update: 31.05.2021)

1. Visa Requirements There are new latest COVID19 Regulations in Georgia which will come into force from 01 June 2021. Foreigners who seek to enter Georgia generally must first obtain a Georgian visa, which is placed in the traveler’s passport (a visa blank) or is issued electronically (electronic visa). Certain international travelers may be eligible[...]

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National Bank of Georgia announcing Digital GEL project

The National Bank of Georgia (NBG) is considering launching a publicly available Central Bank Digital Currency (CBDC) to leverage new technologies to enhance efficiencies of the domestic payment system and financial inclusion. The CBDC is a direct liability of the central bank that can be used to settle payments, or as a store of value[...]

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Апрель 17, 2021
Georgia Issues $500 Million Eurobonds on the London Stock Exchange

After a 10-year pause, Georgia has successfully returned to the international securities market and was able to place a Eurobond at an unprecedentedly low price for the country. The demand of investors was four times more than the amount of the bond, which once again underscores their confidence in the Georgian economy. The issuance of[...]

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Visit Georgia During COVID19 (Last Updated 23.03.2021)

1. Visa Requirements There are certain restrictions for those wishing to visit Georgia during COVID-19 pandemic . Foreigners who seek to enter Georgia generally must first obtain a Georgian visa, which is placed in the traveler’s passport (a visa blank) or is issued electronically (electronic visa). Certain international travelers may be eligible to travel to[...]

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Small Business Entrepreneur

1. Introduction In order to attract foreign investment and boost economy chapter XII of the Tax Code of Georgia offers a special taxation regime for small business entrepreneurs, which imposes significant tax benefits. In general, according to Georgian lax legislation the income of a natural person is taxed at 20% (with some exceptions) of income[...]

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Special Trading Company

1. Introduction In order to further improve the business environment in the country, to strengthen Georgia's potential as a regional hub, and to increase the interest of multinational international companies, the Government of Georgia allows companies to obtain "Special Trading Company" status and benefit from corporate profit tax.  This status refers to specific activity, which[...]

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