OrbitaxOrbitax

Georgia Grants Tax Incentives for Innovative Startups, Innovative SMEs, and R&D Service Providers

|Approved Changes|Georgia
Georgia

Georgia has published the Law on Amendments to the law on Innovation (Law No. 718-IIMS-XIMP) and the Law on Amendments to the Tax Code (Law No. 719-IIMS-XIMP), which provide for the introduction of tax incentives (benefits) for entities granted the status of an innovative startup, an innovative small and medium-sized enterprise (SME), and a research and development (R&D) service provider company. The three different statuses, their eligibility requirements, and associated incentives are…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.