The National Bank of Georgia (NBG) has issued the rules for the Liquidation of Virtual Asset Service Providers (VASP), establishing a regulatory framework for the liquidation of virtual asset service providers in Georgia. The new legal framework governs entities that manage, exchange, store or
What is Georgia’s Small-Business Status, and why is it so attractive? Georgia offers one of the most attractive tax regimes in Europe through its Small-Business Status, available to qualifying individual entrepreneurs. Under this regime, eligible persons pay just 1% income
Georgia’s strategic position at the crossroads of Europe and Asia and its liberalized business environment makes it an increasingly attractive market for investment in the food sector. Considering this, understanding the regulatory framework governing food facility registration is essential for
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