Legal Publications

Data Breach Notification Requirements under Georgian Law

Data Breach Notification Requirements under Georgian Law

The protection of personal data is a fundamental component of Georgia’s regulatory framework, particularly in light of increasing digitalization and cross-border data flows. One of the key enforcement mechanisms under Georgian data protection law is the obligation to notify competent authorities and affected individuals in the event of a data breach.This requirement promotes transparency, enables […]

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Cybersecurity and Incident Reporting in Georgia

Cybersecurity and Incident Reporting in Georgia

In an increasingly digitalized economy, cybersecurity and the protection of information systems have become critical components of regulatory compliance in Georgia. Organizations operating in both the public and private sectors are expected to implement appropriate safeguards to protect data and ensure resilience against cyber threats. A key aspect of this framework is the obligation to

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The Regulation of Gambling Advertising in Georgia

The Regulation of Gambling Advertising in Georgia

Under the “Law of Georgia on Advertising,” the distribution of advertising relating to gambling, sportsbooks, lotteries, bingo, and their respective organizers is prohibited by any form or means, including through electronic communication networks. This applies to all media channels, all formats, and all communication technologies. Permitted Exceptions The law carves out four narrowly defined exceptions

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Prospectus Requirements under Georgian Capital Markets Law

Prospectus Requirements under Georgian Capital Markets Law

The issuance of securities to the public in Georgia is subject to a comprehensive regulatory framework designed to ensure transparency, investor protection, and market integrity. A central element of this framework is the requirement to prepare and publish a prospectus, which provides potential investors with the information necessary to make informed investment decisions. The principal

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Legal Changes to the Residence Permit for IT-Sector Employees in Georgia

Legal Changes to the Residence Permit for IT-Sector Employees in Georgia

The Temporary Residence Permit for Persons Employed in the Information Technology (IT) Sector is a specialized immigration status available to foreign nationals engaged in IT-related work or business in Georgia. Unlike general work-based residence permits, the IT residence permit is designed to attract and retain technology professionals and entrepreneurs, providing more favorable terms in recognition

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How Much Will Litigation in Georgian Courts Cost? Court Fees and Exemptions

How Much Will Litigation in Georgian Courts Cost? Court Fees and Exemptions

The initiation and conduct of litigation in Georgian courts are associated with various procedural costs, including court fees and ancillary expenses. These costs constitute an integral element of access to justice and must be duly considered prior to commencing proceedings. The applicable legal framework establishes the types, calculation methods, and allocation of such costs across

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Competition Law in Georgia: Abuse of Dominance

Competition Law in Georgia: Abuse of Dominance

The prohibition of abuse of a dominant position constitutes a fundamental pillar of competition law enforcement in Georgia. While the mere possession of market power is not unlawful, the exercise of such power in a manner that distorts competition is strictly regulated. The Law of Georgia on Competition (the “Competition Law”) establishes the legal framework

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Enforcement of Security Interests in Georgia: Practical Considerations

Enforcement of Security Interests in Georgia: Practical Considerations

Security interests such as pledges and mortgages are designed to ensure that creditors have effective remedies in the event of a debtor’s default. While the creation and registration of security interests establish the creditor’s preferential right, the practical value of such security ultimately depends on the enforceability of that right. Georgian law provides a structured

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When Is a Company Considered Insolvent under Georgian Legislation

When Is a Company Considered Insolvent under Georgian Legislation

Financial distress and insolvency are critical legal concepts affecting both businesses and their creditors. Georgian law establishes a structured framework for determining when a company is considered insolvent and for initiating insolvency proceedings. The primary legislation governing this area is the Law of Georgia on Rehabilitation and Collective Satisfaction of Creditors (the “Insolvency Law”), which

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Peer-To-Peer Gaming in Georgia: Operational Safeguards and Fair Play Requirements

Peer-To-Peer Gaming in Georgia: Operational Safeguards and Fair Play Requirements

Georgia has developed a comprehensive regulatory framework governing gambling activities under the Law of Georgia on Organizing Lotteries, Games of Chance and Other Prize Games (the “Gambling Law”). The legislation expressly recognizes peer-to-peer (“P2P”) gaming – a format in which players compete directly against one another rather than against the operator – and subjects it

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