Doing Business in Georgia 2023/2024

Georgia is one of the most efficient countries to do business in the world. Georgia does not impose foreign ownership restrictions, and its bureaucracy is minimal. Georgia has a strategic location and is a primary spot for investors who want to access both the European and Asian markets. Georgia is an important country for companies operating in Central and Eastern Europe, CIS, and Asia. Not only is it a transport hub in terms of ports and railways, but it is also a significant energy corridor with oil pipelines linking Asia with the rest of Europe. Accordingly, it’s interesting what are the best business ideas to pursue.

The city has become a popular destination not only for tourists but also for entrepreneurs and investors who are looking for business opportunities.

Georgia is a part of the European Union’s Free Trade Area. According to the World Bank rankings Georgia is in the 7th place in the Ease of Doing Business. Meanwhile, the country is known for its business-friendly environment.

Georgia’s 4 million population might not be big, but it is certainly enough to support economic development.

This Guide is a toolkit for investors who are planning to do business in Georgia. We will guide you through the key notes to start off efficiently and get to know the investment opportunities our beautiful country has to offer. We have collected the topics that are frequently discussed, thus we hope that our expertise will help you with your investment plans”. – Lika Tsintsabadze, Founder/Business lawyer.

Find out more about the legal, tax and operation environment in Georgia in our business guide for investors.

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Lika Tsintsabadze

Founder of NOMOS Law Firm/Business Lawyer/Attorney at law lika@nomosgeorgia.com