Home / 2017 / April (page 4)

Monthly Archives: April 2017

Excise Tax Structure Changes on Alcoholic Beverages

Excise tax structure will be revised in compliance with requirements of Georgia-EU association agreement, Minister of Finance Dimitri Kumsishvili said. “We have comprehensively discussed this issue. Taxation of beer and alcoholic beverages is very important. In this way we will harmonize our legislation with EU standards and consequently, we will …

Read More »

Economic Freedom (Act): Do We Need It or Not?

economic freedom

The so-called “Economic Freedom Act” (EFA), which has been a matter of public discussion in recent weeks, refers to two pieces of legislation: A Constitutional amendment from 2010, which requires a referendum for introducing new taxes or increasing the tax rate (i) , and (ii) the Law on Economic Freedom …

Read More »

Mtatsminda- the Most Densely Populated District in Tbilisi

KPMG published “Crane Index”which analyzes constructions in the first part of 2017. Last year, 41% of all constructions were multifunctional residentials, 33% -accommodations, 15%- delayed or completed constructions. Most of constructions are located in Saburtalo, Vake and Didube-Chugureti. As for the population density, it has been noted that the highest …

Read More »

Voyager Ltd. On Board as Gulf Air GSA in Georgia

Gulf Air, the Kingdom of Bahrain’s national carrier, has appointed Voyager Ltd as its General Sales Agent (GSA) in Georgia to represent the airline and sell Gulf Air services and products on its behalf. With direct flights between Bahrain International Airport and Shota Rustaveli Tbilisi International Airport starting from 22nd …

Read More »

Terabank Second Mid-Lottery Winner Revealed

In the mid-lottery of Terabank loans and deposits, the winner has been revealed. Nestan Kvataia became the owner of automobile present package. It includes: a tone of fuel, 100 GEL automobile service, a year washing service, video recorder and espresso travel appliance.  “I’m astonished with my prizes and now I …

Read More »

Company IDS Borjomi Georgia to Plant 1000 Seedlings in Borjomi

Volunteers from all over Georgia will join the project “Borjomi #Naturelover “. It will take place in Borjomi on 26th of April, 2017 at 14.00. With the initiative of IDS Borjomi Georgia, 1000 seedlings of oak, maple and pine-tree will be planted in Borjomi. The event aims to support restoring forests …

Read More »