Wealth has always been in the hands of a small section of humanity – feudal lords, kings, rulers, and their…
Category: Finances
Thirty Years of TBC and Its Technological Future
TBC is expected to have seven million customers by 2025, which is almost twice the population of Georgia. “We will…
„High Net Worth Individuals“ Entitled to Obtain Georgia’s Tax Residency Certificate Without Spending 183 Days Here
If you aspire to become a tax resident without having to spend 6 months in a country, Georgia may be…
The 150 Largest Georgian Companies by Revenue
28 billion GEL is the sum of all the revenues of the 150 largest private Georgian companies excluding the banking…
IMF Staff Concludes Visit to Georgia
An International Monetary Fund (IMF) team led by Mr. James John held meetings in Tbilisi September 8-14, 2022 to discuss…
Coinbase Admits Glitch Allowing Georgian Users to Cash Out for 100x Value
On August 30, Coinbase suffered a glitch allowing Georgian users to cash out their crypto holdings with a valuation of…
MAIB - A Phase of Great Transformation
Despite the volatile economic environment, Moldova’s largest bank, MAIB, finished 2021 with strong financial results, including record profits and an…
What Impact Will the Russia-Ukraine War Have on the Georgian Economy?
On the 24th of February, Russia initiated a full-scale war in Ukraine, which had an immediate effect on the Russian…
At the Epicenter of the European Financial Industry | Nikoloz Donadze
The global financial industry is entering a new phase of development. Despite the difficulties and ambiguities caused by the pandemic,…
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…
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,…
Vira Platonova Receives the Future of Emerging Europe Award in „Female Business Leader of the Year“ Category
Vira Platonova, Senior Vice President and Group Country Manager, CISSEE, Visa, has been recognized as the “Female Business Leader of…
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…