Legal Publications

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 […]

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

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

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

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 before commencing proceedings. The applicable legal framework establishes the types, calculation methods, and allocation of such costs across different

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

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

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

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

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