Legal Publications

Investors purchase shares to earn a return on their investment. They expect regular dividends as profit. For many minority shareholders, dividends are the only income from specific business ventures. Minority shareholders hold little control over corporate decisions. Corporate directors and majority shareholders dominate the dividend process. They prepare annual accounts, call shareholder meetings, and decide […]

The Labour Code of Georgia (the Labour Code) forbids contractual terms that weaken employee protections and declares them void. Employers must ensure that termination decisions respect equality and non-discrimination. This means providing equal treatment, preventing harassment, offering reasonable accommodation, and carrying the burden of proof in discrimination disputes. Grounds for Termination The Labour Code provides

The Law of Georgia on Entrepreneurs in Georgia establishes a clear and modern framework for companies, shareholders, directors, creditors, and other stakeholders. It draws inspiration from European Union directives and aims to bring Georgian corporate law closer to international standards. Modern Rules for Business Operations The Law introduces a more transparent approach to company operations.

In recent years, thermal cameras have become increasingly common in Georgia across various industries, including hospitality, retail, transportation, and corporate offices. Initially popularized during the COVID-19 pandemic as a tool for temperature screening, these devices continue to be used today for health, safety, and security purposes. While thermal cameras can help businesses identify potential risks

Public Registry’s Verification Practice The LEPL National Agency of the Public Registry (Public Registry) has adopted a practice of subjecting documents issued and apostilled abroad to an additional verification procedure. When applicants submit such documents, the Public Registry may send them to the Ministry of Foreign Affairs of Georgia (MOFA) or the relevant embassies/consulates. The

Due to the practice of the National Agency of Public Registry of the Ministry of Justice of Georgia (the Public Registry), the unilateral right of the landlord to terminate registration of the lease agreement upon early termination of the agreement cannot be enforced. Registration Requirement for Long-Term Leases A lease agreement with more than one

The global digital economy is expanding rapidly. Countries now compete to attract businesses in blockchain, crypto, and digital assets. The United Arab Emirates has emerged as a key player. Dubai, in particular, has introduced a clear framework to support and regulate virtual assets. The Legal Foundation Dubai regulates virtual assets under a dedicated law. It

Legal Grounds for Termination Under the Labor Code of Georgia (the “Labor Code”), termination of an employment contract due to reorganization must be justified by both organizational changes and a resultant reduction in the workforce. Economic, technological, or structural changes alone do not constitute sufficient grounds for termination. Georgian courts have recently emphasized the need

In Georgia, certain businesses must follow strict rules on photo and video surveillance. Government Ordinance No. 101 sets these obligations. It defines technical standards for surveillance equipment and regulates how the systems must operate. The Ordinance also lists the properties where cameras are mandatory. The Ordinance entered into force on the date of its signing,

There is a fierce competition between jurisdictions to attract entrepreneurs, compelling the legislators to adapt to the continuously evolving demands of businesses to obtain simple and convenient legal solutions for conducting their activities. In response to the major shift from physical to remote business and employment structures in the past decade, many countries have digitalized