Back rent of up to 5 mln GEL written off for companies, individuals leasing state property affected by Covid-19 in Georgia
"In total, we are talking about rent and lease fees of more than 5 million GEL, to which late payment or non-payment penalties of about 1 million GEL has been added", Economy Minister Natia Turnava said.
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Individuals and legal entities leasing state property in Georgia and who have been affected by the Covid-19 outbreak will be exempted for back rent accrued between March 21, 2020 and March 21, 2021.
In addition, they will be exempt from paying penalties imposed for non-payment of leasing fees, announces Georgian Economy Minister Natia Turnava.
In total, we are talking about rent and lease fees of more than 5 million GEL, to which late payment or non-payment penalties of about 1 million GEL has been added", Turnava said.
She added that entities who have already paid the taxes in full or in part will enjoy new tax breaks during the next payment period, 'which is absolutely fair because everyone suffered from the Covid-19 crisis equally', she said.
The government of Georgia will help companies that bought or leased state property through auctions and later suffered during the pandemic, announces Georgian Economy Minister Natia Turnava.
Georgia is starting a new stage of social assistance this year amid the coronavirus pandemic, said Georgian Prime Minister Giorgi Gakharia earlier today, noting that people who have lost their jobs and have not earned a salary since December 2020 will receive 200 GEL per month over the course of the next six months.
The government of Georgia has decided to reduce the cost of a first year permit fee to operate a casino in the capital city of Tbilisi from 5 million GEL to 2.5 million GEL. The decision will apply to permits that will be issued from July 5, 2021 to January 1, 2022.
The government of Georgia has imposed further restrictions to curb the spread of the coronavirus in the country today, however to ease the burdens for businesses and the public the government has also announced supportive measures.