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 […]
Competition Law Aspects related to Netflix and Warner Bros. Merger Read More »
Withholding tax in Georgia is a core element of the Georgian tax system and plays a central role in ensuring efficient tax collection at the source of payment. Under the Tax Code of Georgia, withholding tax arises when an obligation exists to withhold tax at the moment income is paid. This mechanism applies to a
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
Heavy, Harmful and Dangerous Work: Statutory Lists, Safety Rules and Employer Duties Read More »
The Law of Georgia on Rehabilitation and the Collective Satisfaction of Creditors’ Claims (the Insolvency Law) establishes a comprehensive legal framework governing the treatment of creditors in insolvency proceedings. The stated objective of the Insolvency Law is the collective satisfaction of creditors’ claims, primarily through the rehabilitation of the debtor where feasible, and, where rehabilitation
Creditor Protection and Priority Rules under Georgian Bankruptcy Law Read More »
Georgia’s gambling taxation framework places significant emphasis on the citizenship of participants, particularly in the online gambling environment. While the general structure of gambling taxation applies uniformly across different types of activities, the Tax Code of Georgia introduces targeted incentives where foreign players are involved. These incentives operate on two levels: first, through personal income
Foreign Players and Gambling Tax Exemptions in Georgia Read More »
Georgia has introduced a new entry requirement for foreign visitors: as of 1 January 2026, all tourists must hold valid health and accident insurance for their entire stay. This requirement is grounded in the Law of Georgia on Tourism. Necessary Documentation Tourists must be prepared to present an insurance policy in physical or electronic form,
Georgia’s New Entry Rule: Mandatory Health and Accident Insurance from 1 January 2026 Read More »
In a fast‑digitalizing economy, cryptocurrencies are increasingly shaping global finance, creating new revenue streams for businesses and redefining cross‑border value transfer. Thus, Georgia, like many other countries, has taken significant steps to keep pace with these transformations. To support this development, a flexible regulatory framework was essential, one that also ensures strong compliance with AML/CFT
Overview of Georgia’s Framework Governing Crytpo Assets Read More »
Georgian law fully integrates the gambling sector into the national anti-money laundering and counter-terrorist financing framework. The practical takeaway is straightforward: casinos, slot salons, sportsbooks, and systemic-electronic platforms are obliged entities. They must operate risk-based programs that identify and verify customers and monitor behavior. These programs also require enhanced due diligence where warranted. They require
AML Requirements for Georgia’s Gambling Operators Read More »
For taxation purposes, the Tax Code differentiates between several types of gambling businesses. The income derived from organizing each type of gambling activity is subject to different taxation rules. Accordingly, it is important to distinguish each of the following: Taxation of Slot Salons and Online Gambling It is important to clarify what is meant by
Electronic documents and qualified electronic signatures have become an essential part of interactions between businesses, individuals, and administrative bodies in Georgia. When communicating with public institutions, such as participating in public procurement, entities are often required to submit documents electronically using a qualified electronic signature or a qualified electronic stamp. A qualified electronic signature provides