Ease of doing business

In contrast to several other countries in the region, Georgia has a strong history of liberalization. In its newest report for 2017, the World Bank ranks the country as # 9/ 190 (2016: #24 / 189) for its ease of doing business (www.doingbusiness.org). The administration works efficiently, and many interactions with the government can take place electronically (e.g. communication with tax authorities on Skype). Two free industrial zones are located at the Black Sea port in Poti and near the international airport of Kutaisi. Tbilisi is ranked among the top five European cities by the EBA (European Business Association) Attractiveness of Investment Index, thanks to its low taxes and investor-friendly environment. 

As several international surveys and rankings show, Georgia stands out for its transparency and low bribery risk. The country benefits from highly ranked creditors such as EBRD (European Bank for Reconstruction and Development), EIB (European Investment Bank), ADB (Asian Development Bank) and AIIB (Asian Infrastructure Investment Bank).