According to the TRACE Matrix global survey, Georgia has low risk of business bribery and is ranked 11th out of 197 countries.Georgia’s overall risk score is 27 points, a composite score being calculated for each country around the globe, with a range from 1 to 100: the higher the score, the greater the business bribery risk.Georgia has passed ahead of her neighboring countries: Turkey – 70th, Armenia – 87th, Russia – 134th, Azerbaijan 140th, while Ireland, Canada and New Zealand were revealed as the top three countries with lowest... read more>>
Georgia’s economic freedom score is 72.6, making its economy the 22nd freest in the 2014 Index. Its overall score is 0.4 point higher than last year, with improvements in six of the 10 economic freedoms including the management of public finance, investment freedom, monetary freedom, and property rights. Georgia is ranked 12th out of 43 countries in the Europe region, and its score is well above the regional... read more >>
Mgaloblishvili Kipiani Dzidziguri (MKD) law firm contributed a chapter on Georgia to the Global Renewable Energy Guide 2015, recently published by Cakmak Publishing. MKD’s chapter was written by lawyer David Archvadze and partner Irakli Mgaloblishvili. The Global Renewable Energy Guide, published annually, provides an overview of applicable legislation and incentives available to renewable energy companies in 32 jurisdictions worldwide...
27 November, 2015 read more >>
Mgaloblishvili Kipiani Dzidziguri (MKD) law firm was delighted to be appointed, yet again, as advisor to the Black Sea Trade and Development Bank (BSTDB) in connection with the Bank's first bond issue in Georgian currency. This is BSTDB’s first-ever sale of bonds denominated in Georgian Lari, totalling GEL 48 million (approximately USD 20 million). It is also the first local issuance in any member country with the aim of making investments in the same currency. The proceeds ...
16 November, 2015 read more >>
Recent poistive developments of the Arbitration regime in Georgia. In an analysis published in 2009, the Georgian authors Mgaloblishvili and Kiknavelidze concluded that 'thete is no doubt that Georgia needs a lot...
September, 2015 read more >>
Ad Valorem Tax on Tobacco Products: Two Sides of the Same Coin. According to the decision made by the government of Georgia, beginning on 1 July 2015 a new...
July, 2015 read more >>
Simplified Immigration procedures: What Foreigners and Businesspeople should know. New immigration policies in Georgia, which took effect in September 2014...
May, 2014 read more >>
Cloud Computing in Georgia. This publication addresses the most important legal issues relevant for legal practitioners and business people dealing with...
June, 2014 read more >>