Tax: Up to 18%
Duties: Up to 5%
Restricted Items: N/A
Non-working days: Saturday, Sunday, and Public Holidays
Lead Time: 3-4 Weeks
Best carrier option: Courier or Freight Forwarder
Prominent Languages: Georgian
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.
EFTA States, Iceland, Norway, Liechtenstein, and Switzerland signed a free trade agreement with Georgia in 2016, effectively easing the trade barriers between the nations.
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.
EFTA States, Iceland, Norway, Liechtenstein, and Switzerland signed a free trade agreement with Georgia in 2016, effectively easing the trade barriers between the nations.
How TecEx Can Help You Import into Georgia
TecEx is the ideal trade partner for those looking to expand to a new up-and-coming market such as Georgia. Our expert team has all the knowledge needed to import your goods quickly and safely. Our extensive knowledge of DDP shipping and compliance requirements saves you the time and money to research a new lane. By working with us, you can rest assured that your goods will clear the first time, every time.
In more recent history, the country has suffered economic collapse following the fall of the USSR. However, the nation’s economy has made a remarkable recovery since then, and even though tech has never been a prominent industry in Georgia, the tides seem to be turning.
As your Importer of Record, we handle everything from pre-compliance to final delivery, giving you the freedom to explore new opportunities with absolute confidence.
Your global trade solution for Georgia
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.