If in Spain we are talking about Georgia, the majority come to mind only Ilya Topuria, a fighter of mixed martial arts, which reached the milestone in the fact that two nationality was Georgian by birth of her parents, although he was born in Germany. Georgia does not allow two nationalities, but Topuria has a Georgian passport, and, in addition, it has a Spanish nationality by nature since last year, and it should not have refused to be Georgian, which is today a unique case.
But in addition to the circumstances of Ilya Topuria, one of the mods of the mod in Spain thanks to their professional successes-17 Fightings, 17 victories ,, Georgia is a very interesting country in economic matters for Spain, and vice versaAnd entrepreneurs from both countries offered to cooperate in order to use each other and at the same time bring foreign investments to both territories.
For this Spanish Georgian Business Alance (SGBA) -Sispano-Georgian business-anism-organization, which has three visible heads, with Georgian Vasil Babliani as responsible and Spaniards Santiago Torres as an honorary president and Jose Maria F. Amenro As an executive director. The rest of the people who make up the Council are also Spanish.
Baballi He developed his career between Madrid and TiflisThe extensive experience of treasures in international relations and mediation between state institutions and business organizations. He is the first to know “Huge potential for connecting to Spain and Georgia” as strategic enclaves for trade and global cooperation.
“Flexibility” and “quick answers” to the company
Georgia, which was the Republic of the Soviet Union until 1991, is now looking for Attract foreign investments And he especially noticed in Spain to get it. The President of SGBA, Vasil Baballi, summarizes the goals of the alliance to offer “flexibility” and “quick answers” to companies that are trying to invest in Georgia from Spain and vice versa. For Bablijan, an organization that presides, officially compiled last year, “User costume” This “gives advice, marketing or logistics solutions”, among other problems.
Baballi relies on the fact that he participated in “A decade of business experience in both countries” And Georgia promotes as a country that offers investors numerous advantages from Low financial pressure on “objects” to create new companiesField
SGBA President confirms that although there are only four million inhabitants in the country, Georgia can be an attractive front door to Asiaespecially in markets that are already cooperating with each other, for example, a sector “Renovated energy, agricultural or construction”It is recommended to become a member of SGBA because “it gives companies, professionals and entrepreneurs and entrepreneurs Exclusive possibilities flourish in the interconnected world. “
Double investment door
For Spain, Georgia is interesting for this Privileged access to the Asian economywhile for Georgia, Spain is interested, because it can assume Full access of his products to the European Union And, in addition, “prefers business -interaction with Latin America,” says Babliani, who emphasizes that there is “demand” in the Spanish market from Georgia. That is, Georgia can be the front door to Asia for Spain and Spain the door of Latin America for GeorgiaField
“By 2025, our mission is to unite this bridge, creating a smooth connection between Latin America, Europe, the Middle East and Asia,” says Babliani. The founder of SGBA does not seem to be excessive Tariff war On the contrary, unleashed by the President of the United States Donald Trump. Supports this represents for companies the opportunityAlthough this also increases the need “Open Alternative Markets”The approach that Georgia is now expecting to use.
For Vasil Babliani, Georgia offers “all guarantees” required by a foreign investor And he claims that the law of foreign agents is “zero problems” for foreign companies. In addition, Georgia in the eyes of Russia, that the independence of the country of the USSR does not say goodbye Russian threat.
Fiscal residence in Georgia
Georgia also offers foreign investors The possibility of obtaining financial residence in the country to pay less than in the country of origin. Tax housing in Georgia can be obtained through Two procedures: Spend at least 183 days in Georgia during a continuous period of 12 months or gaining access through an arrangement for people with high capital.
The presence of financial residence in Georgia allows you to have low tax rates, since the country The lowest personal and business tax rates in the worldThe VAT field for local transactions is 18%, the income tax on individual conditions is 20%, the corporation tax remains at the level of 15%, the rental of dividends for retirement is 5%, the real estate tax is 1%, the income tax for the status of small businesses is 1%and is 1%and Income tax for the state of micro -present is 0%Among many other advantages.
Georgia too Prevents double taxation And so it has Current agreements with 55 countries To avoid this. It also suggests Exemption from taxes for foreign origin: The Georgian government will only be charged for taxes on Georgian income, and not for foreign income, if active budget residence is available. Numerous law firms from Georgia and especially Tiflis offer the ability to perform Necessary efforts to access a fiscal place of residence In the country.
What the country lives
The Georgian economy collapsed after the fall of the Soviet Union At the beginning of the 90s. Convulsive political situation, civil war and The transformation of the socialist economy to the market At that time, they reduced the already small floating economic potential of Georgian. The Georgian economy has fallen 56% in 1992 to 25% in 1993, Also causes a Massive outcome Third of its population. Georgia imports almost all natural oil and gas that consume, and Its main source of energy is hydroelectric power station.
A Manganese, copper and gold.and a small industry that produces drinks with alcohol and without it is also one of the main economic events of the country, which also uses the advantages of its UVA cultures, citrus fruits and nutsThere is also a field Tobacco plantations In the mountains of the East.
The industrial production of Georgia is concentrated, especially near Tiflis, the capital. The primary sector is very important (22% Unb), although the secondary provides the same amounts of money. Tourism is prosperous And currently provides income about 450 million euros per year, according to the Georgian government itself.
