Batumi Weather


Information about significant amendments in tax code... PDF Print E-mail
Monday, 07 June 2010 17:41

On June 2 of current year, The Finance minister Kahka Baindurashvili has announced the prepared amendment in tax code to business association members. The changes prepared by the Ministry of Finance foresee lots of privileges and the simplifying of tax obligation engagements for businessmen. “The goal of new legislation is the offering of more simplicity, freedom and reliability to business sector,”- announced Kakha Baindurashvili. Business Association has intensively cooperated with the Ministry of Finance during the last period and has presented its private commentaries and suggestions. On June 1, the ministry of Finance held the first public meeting with nongovernmental sector on a same issue. Kakha Baindurashvili plans the meeting with small entrepreneurs and merchants as well. Tax Code is changing by 98%. For public discussion of those changes, ministry is beginning series of meetings. As it has been promised, changes deal with small business. It will be present tree different regimes of taxation to them. Its worth to note that, system of monthly declaration has changed in quarterly declaration, which will be privilege for business.  Tax and customs cards will become unified. According to Changes, institute of Tax ombudsman is legitimated. While working on changes, we have foreseen euro directives and we wish working document to pass an expertise at Georgian Nongovernmental and Business sectors”.-said Minister of finance Kakha Baindurashvili. New tax code will be submitted to Georgian parliament for consideration and juridical approval after the public considerations and consultations.

The Modernization of Sarfi Customs Began… PDF Print E-mail
Saturday, 29 May 2010 00:00

Works for modernization of Georgian Sarfi customs are conducted at a much faster speed. According to the project, custom will be expanded in accordance with the modern international standards. After Turkish side finished custom construction, Georgian custom construction will finish in 9 month, based on which the capacity will triple, custom procedures will became simpler and better service will be provided for transporters and tourists. In order to discuss issues concerning construction and avoid all difficulties for the process of crossing the border, on May 29 was held meeting between the head of government Levan Varshalomidze and governor of Artvin. Georgian general council in Trabzon, representatives of Adjara and Artivin and general secretary of International Investors Association attended the meeting. During 24 hour of construction, loaded trucks will be served. Due to avoid difficulties for tourists, empty trucks will cross border only in night hours.

The meeting held with the representatives of Export Promotion Service in the office of International Investors Association of Georgia... PDF Print E-mail
Friday, 28 May 2010 00:00

On May 28 of current year, the meeting was held with the representatives of Export Promotion Service in the office of International Investors Association of Georgia. The head of Export Promotion Service Mr. M. Kobaladze and the projects expert of German Technical Support Society(GTZ) Mr. A. Reva have discussed the development opportunities of bilateral cooperation and the implementation of joint arrangements  with the General Secretary of International Investors Association of Georgia Mr. Tamaz Shavadze. The German Technical Support Society helped the Export Promotion Service of the National Investment Agency in carrying out the future plans. New mechanisms have already been implemented in order to secure the fruitful work of Export Promotion Service. Trade web-portal was created with the support of HSBC Bank. Export Info Center has also started functioning; a special “Help Desk” for incoming questions has also been created; participation in international trade exhibition and execution of business-forum is also being planned; foreign trade missions will visit Georgia; issue of monthly informational brochures is also planned. The parties also discussed the opportunities of organizing the joint seminar in Batumi which will be promoted by International Investors Association of Georgia and the American experts will be invited there.

On May 25th was held Official Groundbreaking Ceremony of Forum Batumi Shopping and Lifestyle Center... PDF Print E-mail
Thursday, 27 May 2010 12:18

Georgian International Investors Association members took part in Groundbreaking official ceremony of Forum Batumi Trade Center. The first stone was put in by Georgian President Mikheil Saakashvili and the head of Autonomous Republic of Adjara Levan Varshalomidze. Trade Center will be constructed along new boulevard territory with 120 MLN US dollars investments which will be implemented by “Turk-Mall” Company. The contraction process will finish in 2 years and world level brands will be sold in it.

Open ceremony for Lech and Maria Kaczynskis Street in Batumi... PDF Print E-mail
Tuesday, 25 May 2010 00:00

Open ceremony for Lech and Maria Kaczynskis Street attended Georgian International Investors Association members. The street was opened by Georgian President and near relatives of Polish President were attended. Lech and Maria Kaczynskis Street is located at the territory of the new boulevard. 


26th of May is Georgian Independence Day... PDF Print E-mail
Wednesday, 26 May 2010 00:00

Georgian International Investors Association congratulates Georgian citizens on such a remarkable day and wishes prosperity, success and economical development.



The businessmen will have the personal agent in the Revenue service... PDF Print E-mail
Tuesday, 18 May 2010 18:25

The businessmen will have the personal tax agent in the Revenue Service, announced the head of Revenue Service in the interview with The mentioned issue was put on the agenda during the meeting with the Chairman of Government of Adjara in Fabruary of current year by the International Investors Association. The personal agent will help the entrepreneur with the tax payment law as well because of the frequent amendments in tax payment code. It will serve the businessmen during the company inspection and will simplify the cooperation between the tax department and the tax payers. Personal Agent will simplify the entrepreneur’s relationships with Revenue services and this service will be offered to businessmen in nearest future – said Giorgi Tskhakaia. Information about the functions of the personal agent is not published for now. Experts suppose that Tax Agent will do the same duties as personal banker in bank system. Based on the evaluation of the specialists, this service will simplify the relationships between Revenue Service and Tax payers. If personal agent will assist companies concerning Tax Code will be fewer problems. Georgian International Investors Association welcomes the implementation of the Personal Tax Agent Service and hopes that this project will assist in improving investment environment in Georgia.

Opening Ceremony of the hotel “Sheraton Batumi”... PDF Print E-mail
Tuesday, 18 May 2010 18:06

On May 17 of current year was held opening ceremony of the hotel “Sheraton Batumi”. The president Mikheil Saakashvili, Prime-Minister of Turkey Recep Tayip Erdoğan, the head of the Autonomous Republic of Adjara Levan Varshalomidze, representatives from the government, Turkish Delegation, representatives of Georgian International investors Association were attended the ceremony. Five stars Hotel has 203 rooms and received its first guests in spring of 2010. “Sheraton Batumi” was constructed based on Turkish investments. The owner is famous businessman Nurettin Carmıklı. On opening ceremony Prime-Minister of Turkey Recep Tayip Erdoğan underlined the importance of the cooperation of two countries and declared: “The most important is that the construction boom in Adjara should not be stopped and “Nurol Georgia” will assist in this issue. We have long term experience of cooperation concerning customs and airport and this cooperation will continue in the future”. The president of Georgia declared: “There will be all main hotel brands in Batumi, more world level hotels than elsewhere” and added that there will be the one of the best architecture of 21st century in the world. Georgian International Investors Association congratulates association member “Nurol Georgia” on successfully implemented project.

Agaoglu corporation group in Batumi... PDF Print E-mail
Tuesday, 18 May 2010 18:01

On May 16-17 of current year, Batumi hosted the delegation of Turkey’s famous corporation group “Agaloglu” which was headed by the chairman of board management of the firm the famous businessman Mr. Ali Agaoglu. They were hosted by cabinet of the chairman of the government of Adjara, the Ministries of Finance and Economic and International Investors Association of Georgia. In 1981 established construction firm unites 15 companies for today and is one of the most famous and successful group in Turkey, which has the several billion projects. Agaloglu corporation group is interested in the spheres of construction of the hydroelectric weirs, Hotel network and the apartments construction.

The meeting in the office of International Investors Association of Georgia... PDF Print E-mail
Saturday, 15 May 2010 10:56

On May 10 of current year, International Investors Association of Georgia hosted the representative of Career Centre of Georgia (CSG) project manager Dr. Irma Tsereteli and the project coordinator of Tourism Association of Adjara (ATA) Mr. Zviad Diasamidze. At the meeting with General Secretary of International Investors Association of Georgia Mr. Tamaz Shavadze were discussed the opportunities of developing and deepening of future relationship. CSG successfully implements the project which is developed with the initiative of Economical Partnership and Development Ministry of Germany (BMZ), the project considers the employing of professional staff returned to homeland from Germany.


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