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Legal Framework and Regulations in the Tbilisi Free Zone: A Summary

To establish a company in Georgia, particularly at the Tbilisi Free Zone (TFZ), it is essential to understand the key legal, tax and customs framework that governs business operations. The following laws and regulations form the key foundation for setting up, managing, and operating enterprises in TFZ under full compliance with Georgian legislation.

Law of Georgia on Free Industrial Zones: The foundational law governing Free Industrial Zones, including the Tbilisi Free Zone (TFZ).
Tax Code of Georgia: Relevant tax regulations applicable within TFZ.
Customs Code of Georgia: Governs customs procedures and operations within TFZ.
Resolution #549: Government resolution from October 26, 2015, establishing Tbilisi Free Industrial Zone.
Resolution #131: Government resolution from June 3, 2008, outlining rules for creating, arranging, and operating free industrial zones.
Resolution #54: Government resolution from March 10, 2008, simplifying the process for issuing construction permits in free industrial zones.
Resolution #291: Government resolution from June 15, 2017, specifying the rules for taxation of wages paid by enterprises in free industrial zones.
Resolution #11: Government resolution from January 5, 2011, providing instructions on the required guarantee amount, conditions for creating the free zone, and storage of goods.
Order #290: The Minister of Finance's order from July 26, 2012, approving instructions on movement and clearance within the customs territory of Georgia.

The laws and regulations governing TFZ ensure that investor who sets up a company in Georgia and particularly in the Tbilisi Free Zone, can operate legally, transparently, and efficiently under a secure regulatory framework.