Introduction Companies providing certain type of IT services from Georgia to foreign customers can obtain a certificate of “Virtual Zone Person” (VZP) and enjoy corporate income tax (CIT) exemption in Georgia. Georgian CIT is 15% payable upon the distribution of dividends (not annual bases), which is not applicable to VZPs qualified under the exemption.As you can […]
Since November 1, new rules for issuing a residence permit ID card have been introduced.You can get it instead of 10 calendar days, in just 1 day!Official state fee for ID card registration:1 working day – 150 lars2 working days – 120 lars3 working days-100 lars5 working days-80 lars10 working days – 60 lars
It is increasingly difficult for clients of Russian banks to send currency abroad via SWIFT transfers – banks increase fees for such transactions or lose the ability to conduct them due to sanctions and other restrictions. Forbes understood what alternatives exist and which of them are used by RussiansFor many Russians, the relevance of foreign […]
Among entrepreneurs, one of the few beneficiaries of the situation that has developed in the Russian market since February 24 has been companies providing business relocation services and assistance to specialists in moving. The demand for such services continues to grow. Forbes found out what business models exist in this niche and what services related […]
In 2022, many heads of Russian companies were thinking about moving, and someone already left the country in a hurry and faced problems. Managing Partner of Odgers Berndtson Russia Roman Tyshkovsky and Senior Project Manager of Odgers Berndtson Russia Olga Ponomareva offer some tips to help avoid mistakes Don’t make a decision based on emotions […]
Since gaining its independence, Georgia has long sought to take advantage of its strategically important location on the crossroads between Europe and Asia and establish itself as a significant transit hub. This endeavour has been slowly advanced by some successful infrastructure and development projects. Following the launch of the Baku-Tbilisi-Ceyhan oil pipeline and the TRACECA, an international transport programme […]