Tbilisi Free ZoneUnique business environment
Georgia has a very flexible and comprehensive legislation which fosters a business-friendly environment and helps maintain a healthy investment climate. Free Industrial Zone (FIZ) operations are regulated by the Law of Georgia on Free Industrial Zones which aims to promote economic growth, enhance industrial competitiveness and attract foreign direct investment.
Free Industrial Zone is designed to create such tax, legal and administrative environment that tenant companies can compete successfully on a global markets.
The Free Industrial Zones of Georgia enjoy the following benefits:
- Tax Incentives
- Simplified procedures
- Payments may be carried out in any currency
- Exemption from majority of licenses/permits
- Autonomy from the local self-government bodies