Category: Business Law

Business Law

Latest updates, announcements, and media highlights from Nomos Georgia.

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New Work Permit Rules in Georgia (2026): Complete Guide for Foreign Employees and Self-Employed Individuals

Effective from 1 March 2026, Georgia introduces a mandatory work authorization (work permit) regime for foreign nationals under Government Resolution No. 70 (20 February 2026). This reform significantly changes the legal framework for foreign employees, entrepreneurs, freelancers, and investors working in Georgia. What Is the New Work Permit System in

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Why Georgia Is Becoming a Fintech & Startup Hub

Georgia is rapidly becoming one of the most promising FinTech destinations in the Caucasus and beyond – not just because of its strategic location, but also due to deliberate regulatory reforms, strong institutional support, and a growing innovation culture. At the heart of this transformation is the National Bank of

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Critical Legal Mistakes Foreign Entrepreneurs Make When Starting a Business in Georgia – and How to Avoid Them

Georgia is one of the most appealing destinations for foreign entrepreneurs who want to start small- and medium‑sized businesses or operate remotely. The legal setup is simple compared to many Western countries, but that simplicity can be deceptive – especially for those unfamiliar with local law and administrative practice. Below

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Contracts, Freelancing, and Remote Work in Georgia: Legal Protection for Digital Nomads

First of all, Freelancers are considered self-employed even if they have agreements with companies. They set their own rates and they work on their own preferred schedule, to progress on a specific project or projects. Freelance work contract A freelance work contract or agreement is a legally binding document between

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Crypto-Friendly Georgia: Legal Insights on VASP Licensing and Blockchain Business Setup

Georgia has no restrictive crypto laws, allowing flexible structuring of your blockchain-based business. Georgia’s fintech-friendly banks allow corporate accounts for crypto-related companies. With Georgia’s strategic location and trade agreements, your crypto project can scale globally. A Virtual Asset Service Provider (VASP) is a person who provides virtual asset services for

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The Best Legal Services for Foreigners and Expatriates in Georgia

Georgia is increasingly popular among foreigners and expatriates due to its favourable business environment, relaxed residency rules, and cultural openness. Yet, navigating the local legal system can be complex without expert assistance. Nomos Georgia specialises in providing tailored legal services to meet the unique needs of foreign clients living, working,

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International Company Status in Georgia: Unlocking Tax Incentives and Opportunities

Georgia has emerged as a top destination for international businesses looking for to benefit from its favorable tax regime and business-friendly environment. The International Company (ICS) status in Georgia offers significant advantages, such as reduced taxation and streamlined operations. This status is designed for companies engaged in specific sectors, including

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1% Tax in Georgia for Freelancers: How to Register and Pay Taxes

Who is a freelancer? A freelancer is a self-employed individual who independently decides when and how to complete work, manages their own business, and works with various clients. Georgia has become a sought-after destination for freelancers and digital nomads due to its attractive tax regime, simple business registration, and minimal

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The Best Country for Digital Nomads and Expats: Why Georgia is the Top Choice

Are you considering remote work? Georgia should be at the top of your list. This article will highlight why Georgia is the ideal country for digital nomads, offering numerous advantages that make it being as the best destination for remote workers. Flexible Visa Regulations for Digital Nomads One of the

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How to Get VASP License

In the context of Georgia’s growing engagement with virtual assets, the legal framework governing their registration and licensing is of great importance. Virtual assets, defined as digital representations of value that are interchangeable and not unique, are primarily used for investment or payment purposes. These assets do not encompass digital

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