On October 3, ISET Policy Institute and Zinc Network organized a public presentation: A Study on Risks Associated with Russian Business Ownership in Georgia. The event was attended by representatives from local and international institutions, civil society organizations, and the broader public.
The OECD Eurasia Competitiveness Programme is undertaking the "EU4Business: From Policies to Action – Phase 2" project in Eastern Partner (EaP) countries, funded by the European Union. The initiative focuses on enhancing competitiveness and business environment reforms at both country and regional levels.
To identify the specific risks associated with Russian business ownership, this study draws upon a comprehensive literature review and conducted expert interviews. The study places Russia within the context of a global threat actor and examines the exploitation of private business ownership by hostile state actors as a hybrid threat.
The profit tax system that came into force on January 1, 2017, in Georgia aims to create a favorable business environment, accelerate economic growth, and improve tax administration. This system is based on the distributed profit taxation regime, similar to the one implemented in Estonia.
Georgia is actively addressing gender equality and women's economic empowerment (WEE) within its investment climate and national policies. Despite legislative efforts to align with EU directives, women-owned SMEs face significant challenges in accessing finance, impacting overall economic growth.