The document (Creative Economy in Georgia: Baseline Study of Key Indicators, Characteristics, and Needs) is part of “Creative Twist - Boosting the Cultural and Creative Industries in Georgia,” a project implemented by LEPL Creative Georgia with the financial support of the IFCD.

During a meeting held at Rooms Hotel Tbilisi on 2 November, Mariam Katsadze and Giorgi Papava from a research team at ISET Policy Institute presented the results from the latest assessment of the economic dimensions within local creative industries.

The Estonian model of Corporate Income Taxation (CIT) that came into force on January 1, 2017, in Georgia is based on the distributed profit taxation regime, according to which retained corporate income is tax-free, and profit is taxed at 15% only when distributed.

For the third quarter of 2022, business confidence in Georgia increased (by 2.6 index points) and reached 17.7. The highest increase in business confidence is observed in the construction (+13.8) sector. The positive change in BCI for Q3 2022 was driven by significantly improved past performance.

On 26 July, a research team from ISET Policy Institute conducted a one-day training course for members of the LC Waikiki financial team and their top regional management.