AJARA INVESTMENT PORTAL
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TRADE REGIMES

Georgia has low tariffs, streamlined border clearance procedures and preferential trade regimes with various countries making it an attractive production platform to serve diverse markets:

 

  • Georgia has been a member of the World Trade Organization (WTO) since 14 June 2000
  • Low import tariffs (90% of goods free from import tariff)
  • Georgia has no quantitative restrictions (quotas) on trade                       
  • No customs tariff on export and re-export
  • Excise tax and VAT apply equally on both import and local products
  • No VAT on export
  • Simplified export and import procedures
  • MFN Tariffs with WTO Members (Most Favored Nation (MFN) trade status provides lower tariffs for WTO members -153 countries)
  • Preferential Tariffs (GSP) with the USA, Canada, Switzerland, Japan and Norway (zero (3300 products ) or lower tariffs (6900 products) are applied on goods exported from Georgia to those countries)
  • GSP Plus with the EU (GSP+ status allows Georgia to export 7200 products to the EU market duty free)
  • Free Trade Regime with Turkey, Azerbaijan, Armenia, Ukraine, Russia, Moldova, Turkmenistan, Uzbekistan, Kazakhstan, Belarus, Tajikistan and Kyrgyzstan.
  • Georgia is actively working with USA to encourage negotiations on free trade agreements.
 
GSP with USA
  • GSP provides enhanced access into the U.S. market for 3,400 types of products from 132 countries
  • GSP gives eligible products an advantage in U.S. market – they enter duty-free
  • Georgia became a GSP beneficiary in 2001 

Is my product eligible for duty-free treatment under GSP?

The easiest way is to go to: http://dataweb.usitc.gov/scripts/tariff_current.asp



DCFTA

  • Economic integration with the European Union
  • Opened EU internal market for Georgia
  • Liberalization of trade both in goods and services
  • Gradual integration of Georgia’s trade-related legislation with the EU’s legislation
  • Obtaining three of four freedoms of EU internal market: free movement of 1) goods, 2) service, 3) capital 
 
 
DOUBLE TAXATION AVOIDANCE AGREEMENT (DTAA)
  • Armenia
  • Austria
  • Azerbaijan
  • Bahrain
  • Belgium
  • Bulgaria
  • China
  • Croatia
  • Czech Republic
  • Denmark
  • Egypt 
  • Estonia
  • Finland
  • France
  • Germany
  • Greece

 

  • Hungary
  • India
  • Iran
  • Ireland
  • Israel
  • Italy
  • Kazakhstan
  • Kuwait
  • Latvia
  • Lithuania
  • Luxemburg
  • Malta
  • Norway
  • Netherlands
  • Poland
  • Qatar

 

  • Romania
  • Spain
  • Singapore
  • Slovakia
  • Serbia
  • Slovenia
  • San Marino
  • Switzerland
  • Sweden
  • Turkey
  • Turkmenistan
  • Uzbekistan
  • United Kingdom
  • Ukraine
  • United Arab Emirates

 

 

 

BILATERAL INVESTMENT TREATY (BIT) 

  • Armenia
  • Austria
  • Azerbaijan
  • Belgium
  • Bulgaria
  • China
  • Czech Republic
  • Egypt
  • Finland
  • France
  • Germany
  • Greece
  • Iran
  • Israel
  • Italy
  • Kazakhstan
  • Kuwait
  • Kyrgyzstan
  • Latvia
  • Lithuania
  • Luxembourg
  • Moldova
  •  Netherlands
  • Romania
  • Spain
  • Sweden
  • Turkey
  • Turkmenistan
  • Ukraine
  • UK
  • US
  • Uzbekistan
  • Switzerland