The global financial industry is entering a new phase of development. Despite the difficulties and ambiguities caused by the pandemic,…
Category: Finances
Space: First-ever International Georgian Fintech by TBC Group | Interview With Nika Kurdiani
In a highly dynamic world, one term is especially fitting: competitiveness. With the rapid development of technology, flexibility has become…
Foreign Source Income in Georgia
What really is the “foreigner source (tax-exempted) income” for Georgian tax purposes? The common misunderstanding of the term Foreign source income…
New Liberty | Interview with Vasil Khodeli
Vasil Khodeli and his team have set themselves an ambitious goal that has a name: New Liberty. This is my…
Eurocredit Is Transforming Into a Fintech Company
Eurocredit plans to transform into a fintech company. The digitalization process of credit products has been in progress for a…
Credo Bank Has Successfully Completed the Integration Process of Finca Bank Georgia
CREDO Bank became FINCA BANK GEORGIA’s 100% shareholder on 7 July 2021; 3 months later, in an unprecedentedly short period…
Uk Court To Determine The Multi-million Sum Irakli Rukhadze And His Business-partners Have To Pay To Recovery Partners & Revoker LLP
UK Court to Determine the amount that Irakli Rukhadze and his Business-partners have to Pay to Recovery Partners GP Limited…
'Metaverse' Tech Companies to Watch in 2022
2021 is coming to an end soon, and the world has made some ‘adjustments’ after almost 2 years of living…
Visa in partnership with Forbes Georgia Launches Joint Business Campaign on Innovation Ecosystem in Georgia
Visa, the world leader in digital payments, along with Forbes Georgia, will be launching an innovative business project starting on…
Forbes Georgia in English – Issue N22
We are happy to introduce the 22nd English issue of Forbes Georgia Cover Story: A Highly Qualified Partner – Rusudan…
A Company Which Was Formed During Covid-19 Is Now Looking at $70m Valuation
RNR Group is a name to think of when it comes to Dubai and the 2020 Covid-19 crisis. In 2020,…
Visa Digitally Enables 16 Million SMBs on Path to Reaching 50 Million Goal Worldwide
Visa (NYSE: V) today announced it has helped to digitally-enable an estimated 16 million small and micro businesses (SMBs) worldwide,…
A New Stage Begins at „Credo Bank“
The last large-scale transaction in the Georgian financial market took place about a month ago. Credo Bank acquired a 100%…
New Approach of Georgian Tax Authorities Regarding „Virtual Zone Persons“
Introduction Companies providing certain type of IT services from Georgia to foreign customers can obtain a certificate of “Virtual Zone…
„Small Business“ Status (1% Taxation) in Georgia Does Not Apply to Employment Contracts. What to Know?
Introduction If an individual qualifies under a “small business” status, he/she can enjoy 1% taxation in Georgia. Although, there are…
Tax Incentives in Georgia for It Companies Holding the Status of a “Virtual Zone Person” or an “International Company”, Which One Is Better and Why?
The Republic of Georgia offers multiple tax benefits to IT firms registered in Georgia who provide services abroad. In particular,…