Strategic location for business - logistical advantages
Strategic location for business - logistical advantages
- Excellent logistical hub for expansion to Caucasus,
EU and Central Asian markets – in the heart of New Silk road - Distributional and Manufacturing hub reaching 2.4 billion Market size
- Close distance to the Georgian Sea Port
- Railway and roads connecting to Caucasus, CIS, EUROPE
- Multimodal transportation.
Business Start-up – Simple & Fast
Business Start-up – Simple & Fast
- Company Registration in 1 day
- 100% foreign ownership allowed
- No initial capital required
- No minimum investment required
- Fast and easy bank account opening (within 1 hour after company registration)
Business Operation - Tax Free Permanently
Business Operation - Tax Free Permanently
- 100% permanent exemption from Corporate Profit, Dividend, Property taxes and VAT
- 100% permanent exemption from import/export of all cargo, including raw materials,
equipment & machinery, prefabricated goods - 100% capital and profit repatriation
- Double taxation with many countries `
- Free Trade regime with the CIS countries and Turkey
- DCFTA (Deep and Comprehensive Free Trade Agreement) with EU – unique potential
for manufacturing & processing industries for quota-free and tax-free imports
to European countries - Free Trade regime with People’s Republic of China
- Free Trade regime with EFTA (Switzerland, Liechtenstein, Iceland, Norway)
- Preferential Trade (GSP with USA, Canada, Japan)
Georgia mainland vs Free Industrial Zone – Tax Comparison
| Types of Taxes | Georgia mainland company | FIZ registered company * |
|---|---|---|
| VAT | 18% | 0% |
| Corporate Profit Tax | 15% | 0% |
| Tax on Dividend Withdrawal | 5% | 0% |
| Property | Up to 1% | 0% |
| Import | 12% / 5% / 0% | 0% |
| Export | 0% | 0% |
| Personal Income Tax | 20% | 20% |
* For manufacturing & trading companies
Business Operation - Easy and Cost Effective
Business Operation - Easy and Cost Effective
- Main offerings:
– Products: ready-made buildings of various sizes, land plots,
office spaces, desks, legal addresses.
office spaces, desks, legal addresses.
– Services & Supporting Services: Video monitoring and Security, cargo handling, customs brokerage, Consulting Services, “Certificate of Origin” – obtaining support services, etc.
- Cheapest tariffs on buildings, licenses and services
- Lowest electricity cost in the region. Electricity connection provided
- Fast customs procedures -Import/Export from as low as 1 hour. Customs operates 24/7
- International Trading permitted
- Licenses issued by Hualing FIZ – no additional industrial licenses needed
- No price control or mark-up
- No limitations or quotas on import/export
- Fast procedures for getting Certificate of Origin for all industries
Human Capital and Labor Advantages
Human Capital and Labor Advantages
- The widest availabilities among cities and regions of Georgia
- Skilled and competitively priced labor force
- Liberal labor code
- Free Training opportunities – Education training centers
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