Сompanies set up by foreign nationals  contributed GEL 945 mln to Georgia’s budget

Сompanies set up by foreign nationals contributed GEL 945 mln to Georgia’s budget

access_time2019-11-07 13:17:29

In 2018, companies set up by foreign nationals  contributed GEL 945 million to Georgia’s budget.

According to the State Commission on  Migration Issues, the foreigners’ contribution to the Georgian budget is growing annually.

In particular, the Revenue Service reports that in 2015 the companies set up by foreigners contributed GEL 719 million to the budget of Georgia, in 2016 - 820,2 million, in 2017 - 827, 5 million, and in 2018 -  GEL 945, 1 million.


Currently, 17,122 companies established by foreign nationals are operating  in Georgia. Most of the businesses are registered in Tbilisi.


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