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Tag Archives: Zurab Lalazashvili

Ministry of Finance to Introduce Automatic System for VAT Repayment

Ministry of Finance to Introduce Automatic System for VAT Repayment

Minister of Finance Mamuka Bakhtadze plans to introduce an automatic system of VAT repayment. Businessmen should receive excessive VAT back in 5-7 days after submission of an electronic application, he noted. “This signifies that our businessmen will mobilize about 500mln GEL in addition”, Mamuka Bakhtadze said. Zurab Lalazashvili, BDO managing …

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BDO Declares Significant Growth by 2016 Results

BDO declared a significant growth as compared to the previous year. According to the data released by Supervisory Agency for Accounting, Auditing and Reporting, BDO’s combined fee income for the 2016 financial year amounts to GEL9,775,521 and establishes solid 3rd place for the firm in the official ranking of audit companies …

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Incompetent Members will Make Audit Commission Useless Body

The process of formation of bookkeeping, accountability and audit commission is underway. The commission will unite 7 bodies, including 4 ones from state structures and three ones from professional organizations, business associations and academic circles. If the commission is staffed with incompetent persons, the body will go useless, Zurab Lalazashvili, …

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