Last times, I have been often asked about Free Trade Zones in Georgia. Some is interested in Tbilisi Free Trade Zone, Some in Poti Trade Zone. This made me write this blog post today. My aim Is to analyze their offer. To give you Pros and Cons. Is It Truly worth or not to start your company in Free Trade Zone of Georgia? Some people may now have comprehensive understanding of consequences when they start there. It’s obvious, you need to have an in-depth understanding of Georgian Tax Code and Legislation in order to analyze how good is this offer for your requirements. This is why I am here, to compare their advantages with disadvantages, give you clear vision and let you decide are you going to start your business in Georgia on your own or you will still go with Free Trade Zone Services.
This Article is most Beneficial for those who seeks for Import-Export Business and Service Companies Serving Non-Resident companies in Georgia. This Blog is prepared by based on the legislation information effective as of the date of its
preparation. It is prepared solely for informative purposes and cannot substitute legal advice and/or cannot be used by third parties for similar purposes. Blog contains general information and does not list any and all items related to the reviewed issue in details. This Brochure is limited to the matters directly addressed herein and shall not be deemed applicable to the explanations,
clarifications or matters other than expressly contemplated herein.
Tbilisi Free Zone Advantages - Is It Real?
I decided to construct my blog the following way: I am going to follow advantages that they state and give you my overview about them. I aim to answer the question – Is the Free Trade Zone advantages real? Here you can find official website, from where I am taking the whole information.
Claimed Tax Advantages
Once again, that is just a general overview for companies who plan re-exporting from Georgia or plan to have Service company serving non-resident enterprises. How is It worth for those companies to operate with Free Economical Zone. For other kind of companies, I would suggest you to directly contact me and I will try to prepare for your personal needs detailed overview. Here You Can contact me
Disadvantages for Operating in Tbilisi / Poti / Kutaisi Free Trade Zone
- Georgian Banks no Longer Support Free Trade Zone Companies. They literally do not open Bank Accounts for those.