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.
On 15 June, ISET Policy Institute, with support from the Swedish Embassy, met representatives from local non-governmental and international organizations, and from the Telavi public and private sector, in order to introduce its activities and key products.
On 23 May ISET Policy Institute, in partnership with Policy and Management Consulting Group (PMCG), presented a summary of the findings of the Value Chain Analytics (VCA) project to the public. The event brought together public and private sector stakeholders along with representatives of international organizations.