If you are considering importing IT products or services into Georgia, it is important to be aware of the challenges that you may face.
Georgia’s legal and regulatory frameworks for the IT sector do not always keep pace with technological advancements. This can create uncertainty for foreign investors and make it difficult to do business in the country. With the help of an IOR, careful planning and execution, it is possible to overcome these challenges and succeed in the Georgian market.
The Georgian government has also made a huge push to encourage foreign investment and trade, focusing on Tech. One of the many reforms has been the offer of a five percent reduction in income tax for any international IT company operating in the country. With this and other reforms, Georgia’s popularity as a Tech destination is rapidly increasing.