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Capital Markets Regulation in Georgia: An Overview for Issuers and Investors

Capital Markets Regulation in Georgia: An Overview for Issuers and Investors

Capital markets play an increasing role in the development of Georgia’s financial system by facilitating capital formation, investment opportunities, and market transparency. The principal legal framework governing this sector is the Law of Georgia on Securities Market (the “Law on Securities Market”), originally adopted on 24 December 1998 and subsequently amended, most recently in December […]

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Taxation of Gambling Operators in Georgia: Corporate Income Tax and GGR Explained

Taxation of Gambling Operators in Georgia: Corporate Income Tax and GGR Explained

The taxation of gambling operators in Georgia is regulated by specific provisions of the Georgian Tax Code and related legislation governing lotteries, gambling, and prize games. Unlike ordinary business activities, gambling operations are subject to special tax rules, including unique methods for determining the taxable base and differentiated tax rates depending on the type of

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Georgia Introduces Mandatory Work Permits for Foreign Workers

Georgia Introduces Mandatory Work Permits for Foreign Workers

Effective March 1, 2026, the Government of Georgia is fundamentally reshaping how foreign nationals can work in the country. Resolution No. 70, adopted on February 20, 2026, together with the amended Law on Labor Migration and the Law on the Legal Status of Foreigners, establishes a comprehensive new framework requiring labor immigrants and self-employed foreigners

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VAT Registration and Compliance Rules in Georgia

VAT Registration and Compliance Rules in Georgia

The Georgian VAT system is largely harmonised with the principles established under the EU VAT Directive, ensuring alignment with international best practices and reinforcing the transparency of the Georgian tax framework. Value Added Tax (VAT) in Georgia is a consumption-based tax, meaning that taxation is linked to the place where goods or services are consumed

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IP Licensing Georgia

Legal Framework Governing Permission to Use Intellectual Property in Georgia

Georgia has developed a robust legal framework for intellectual property protection. The cornerstone of this framework is the Law of Georgia on Copyright and Related Rights (the “Copyright Law”), which governs the creation, use, transfer, and licensing of intellectual property. The National Intellectual Property Centre of Georgia („Sakpatenti“) serves as the primary regulatory authority responsible

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Pledges, Mortgages, and Registration Requirements under Georgian Law

Pledges, Mortgages, and Registration Requirements under Georgian Law

Security interests play a central role in commercial transactions in Georgia, enabling creditors to mitigate credit risk and enhance the enforceability of their claims. The Civil Code of Georgia (the “Civil Code”) establishes a detailed legal framework governing pledges and mortgages, defining their creation, scope, priority, and registration requirements. This article provides an overview of

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Competition Law Aspects related to Netflix and Warner Bros. Merger

Competition Law Aspects related to Netflix and Warner Bros. Merger

Netflix and Warner Bros. Discovery (Warner Bros) have signed, but not yet completed, a merger agreement for Netflix to acquire Warner Bros’ film and television studios together with HBO and HBO Max, valued at about 72 billion US dollars in equity and roughly 82.7 billion US dollars enterprise value. Closing is structured to occur after

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Heavy, Harmful and Dangerous Work: Statutory Lists, Safety Rules and Employer Duties

Heavy, Harmful and Dangerous Work: Statutory Lists, Safety Rules and Employer Duties

Georgian labour legislation addresses heavy, harmful and dangerous work (the Harmful Work) through specific regulatory frameworks designed to protect employees. The comprehensive list of Harmful Work categories, along with the criteria for evaluating such work, is established by Order No. 147/n (the Order). Importantly, this list is not exhaustive, meaning that work not explicitly enumerated

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