Information update date: 06 August 2012

Enterprise of Free Industrial Zone

What is the enterprise of free industrial zone and what are the advantages?

The enterprise of free industrial zone is an enterprise established according to the Law of Georgia on Free Industrial Zones (an organization with any organizational-legal forms and forms of ownership, which is registered according to the procedure prescribed by law in the free industrial zone).
The profit received by the enterprise of Free Industrial Zone from activities allowed to be carried out in a Free Industrial Zone is exempt from the profit tax.

Article 25, Tax Code of Georgia