Intro to TFZ
TFZ: A Leading Free Economic Zone in Georgia for Global Business
Tbilisi Free Zone, one of the most prominent free economic zones in Georgia, offers businesses a unique opportunity to operate with minimal bureaucracy and maximum efficiency. It represents the type of tax-free zone envisaged by various Laws of Georgia where the business-friendly regulations and favorable tax/custom & regulatory system apply.
As part of the network of free zones in Georgia, TFZ provides streamlined import and export procedures, infrastructural advantages, and exceptional operational benefits for companies pursuing regional or global expansion.
Here are TFZ's key characteristics:
100% Permanent Corporate Tax Exemption in Tbilisi Free Zone
One of the main advantages of TFZ is the 100% permanent exemption from all corporate taxes. Businesses operating within the free zone can enjoy significant tax savings. Dividends can be withdrawn in cash or transferred to the owner’s bank account at any time, providing companies with full financial flexibility.
As one of the leading tax free zones in Georgia, TFZ offers international investors a cost-efficient environment, enabling them to maximize profits and expand their operations in global markets.
Exemption from Governmental Licenses/Permits
Businesses operating within TFZ are exempted from obtaining various licenses and permits typically required for certain activities, removing administrative burdens and saving time and costs.
Such benefits make TFZ stand out among tax free zones located in other countries, where simplified procedures help entrepreneurs focus on growth rather than bureaucracy.
Independence of Local Self-Government Bodies
TFZ operates independently of local self-government bodies such as City Hall and Municipalities, resulting in practically no bureaucratic operations for its registered companies.
This independence distinguishes Free Economic Zones in Georgia as one of the most bureaucracy-free investment destinations within the region.
Flexible Currency Payments
Within TFZ, businesses registered in Georgia can carry out payments in any currency, eliminating the need for conversions and simplifying international transactions.
This advantage positions TFZ among the most attractive free economic zones in the region, allowing investors to operate seamlessly across multiple financial systems.
Simplified Customs Proceedings
Tbilisi Free Zone provides simplified customs procedures and has custom checkpoints conveniently located within the Zone, ensuring fast import and export operations for businesses.
This efficiency ensures top performance of free zones in Georgia, connecting companies to regional and international markets faster ensuring smoother lead times.
Quota-Free and Tax-Free Trade Opportunities with EU, CIS, Turkey, CHINA & others
Companies located within Tbilisi Free Zone can benefit from the free trade agreements that Georgia has with the European Union (EU), Turkey, China, Ukraine and the Commonwealth of Independent States. These agreements allow manufacturing projects in TFZ to engage in quota-free and tax-free trade with these destination markets.
These benefits position Free Zones in Georgia and particularly TFZ - as one of the most effective gateways to reach wide and affluent markets of Europe, CIS and China.
Tax Free Zone – Facilitating Global & Regional Trade and Manufacturing
TFZ is not an offshore, but it serves the goal to facilitate global & regional trade and manufacturing, information sharing and business outsource all for the benefit of entrepreneurs that cannot negotiate individual preferences with national governments.
Above-listed operational advantages in conjunction with its convenient location gives extra inventive to the businesses that wish to expand their operations in the region and beyond.