Company Formation under the New Law of Georgia on Entrepreneurs The new Law of Georgia on Entrepreneurs (the “Law”) became effective on 1 January 2022 and replaced its predecessor the Georgian Law on Entrepreneurs which was enacted in 1994. The Law aims to create a uniform and transparent legal framework for corporations, their shareholders, directors, […]
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According to the latest practice of LEPL National Agency of the Public Registry (Public Registry), documents issued and apostilled abroad are subject to additional verification procedure. In particular, Public Registry tends to submit relevant documents for the review of either the Ministry of Foreign Affairs of Georgia (MOFA) or relevant embassies/consulates and suspends registration process
The release of the COVID-19 vaccine has been topping the list of the most anticipated events this year. Considering the global damage that the pandemic has inflicted, international community agrees on the urgency of the vaccine. As of December 2020, more than 190 vaccines have been reported at various stages of clinical evaluations. Out of
MG LAW OFFICE, THROUGH THE CONTRIBUTION OF PARTNERS ARCHIL GIORGADZE AND NICOLA MARIANI, JOINED BY SENIOR ASSOCIATES ANA KOCHIASHVILI, TAMAR JIKIA, ASSOCIATE MARIAM KALANDADZE, JUNIOR ASSOCIATES ANA JIKIA, LASHA MACHAVARIANI AND NINO SAKVARELIDZE IS PARTNERING WITH BUSINESS MEDIA GEORGIA WHICH WILL PROVIDE INFORMATION REGARDING SIGNIFICANT LEGAL CHANGES AND ISSUES. IN PARTICULAR, WE WILL HIGHLIGHT SIGNIFICANT
Georgia fights back against the pandemic and introduces a state program for Foreign Direct Investment Grant. This program grants investors who qualify to receive cashback of up to GEL 1 million on their investments. Yesterday, the Government of Georgia approved a program that will be implemented through the reputable agency Enterprise Georgia which has a
Luxembourg has continuously been an attractive hub within the EU for its financial services activities. Today, Luxembourg is emerging as a hub for FinTech and RegTech. Its pragmatic approach to laws and regulations was already demonstrated in 2013-2014 when the country’s financial sector regulator took an early stance on the regulation of virtual currencies and
Switzerland has been leading the efforts in the global adoption of tokenized digital assets and has recently amended its Code of Obligations to welcome crypto currencies and blockchain technology into mainstream adoption. While Switzerland is not the first country to enact extensive blockchain legislation it became one of the the first major financial centers with
Switzerland Enshrines its Crypto-friendly Policies into Law Read More »
Andersen Georgia, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili, Tamar Jikia, associate Mariam Kalandadze, junior associate Ana Jikia and paralegal Lasha Machavariani is partnering with Georgia Today on a regular section of the paper which will provide updated information regarding significant legal changes and developments in
Termination of Employment during Probationary Period Read More »
Andersen Georgia, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili, Tamar Jikia, associate Mariam Kalandadze, Junior Associate Ana Jikia and Paralegal Lasha Machavariani is partnering with Georgia Today on a regular section of the paper which will provide updated information regarding significant legal changes and developments in
Government Adopts New Electricity Market Model Concept Read More »
Today the world is facing a new challenge – to prevent the spread of the novel virus COVID -19 (the virus). The outbreak of the virus first occurred in Wuhan, China in 2019 and has spread worldwide since. On 11 March 2020, the World Health Organization declared the virus to be a pandemic. The first
Labor Law & COVID-19 in Georgia: What You Need to Know Read More »