Fourteen of the 17 companies are involved in the IT sector, while the remaining three companies are maritime services providers. Photo: Nino Alavidze/Agenda.ge.
There are 17 maritime and IT companies in Georgia that have obtained the status of an international company, meaning they are able to enjoy favourable terms of taxation in the country, announces the Ministry of Economy of Georgia.
Fourteen of the 17 companies are involved in the IT sector, while the remaining three companies are maritime services providers.
In order to be granted the status of an international company it is necessary for the company to be registered in Georgia and have at least two years of work experience in the country.
This programme is aimed at enticing foreign IT and maritime companies to base their operations in Georgia.
The programme was launched in October 2020.