Georgia > Economic and social policy

Georgia - Economic and social policy - Law, Act

Law of Georgia on Innovations No. 5501-IIS, adopted on 22 June 2016. -

Adoption: 2016-06-22 | Date of entry into force: 2016-07-12 | GEO-2016-L-104539

Chapter I - General Provisions
Chapter II - Infrastructure of Innovations Activities
Chapter III - Financing of Innovations Activities
Chapter IV - Commercialization of Innovation Projects Finances by the State
Chapter V - Transitional and Final Provisions

This law is aimed at creating and improving the necessary national ecosystem for Georgia’s social-economic development, building economy based on knowledge and innovations, supporting use in Georgia of foreign technologies, supporting the use and export of intellectual property and technologies created in Georgia.

Georgia - Economic and social policy - Law, Act

Law of Georgia on the Development of High Mountainous Regions No. 4036-RS, adopted on 16 July 2015. -

Adoption: 2015-07-16 | Date of entry into force: 2015-07-28 | GEO-2015-L-104537

Article 1 - Definition of terms
Article 2 - Regulation of issues related to the status of high mountainous settlements
Article 3 - Granting, terminating, suspending, and restoring the status of permanent resident of a high mountainous settlement
Article 4 - Social benefits in high mountainous settlements
Article 5 - Tax privileges in high mountainous settlements
Article 6 - Status and composition of the National Mountain Development Council
Article 7 - Powers of the National Mountain Development Council
Article 8 - High mountainous settlements development fund
Article 9 - Measures to be implemented related to the entry of this Law into force
Article 10 - Normative acts repealed as from the entry into force of this Law
Article 11 - Entry into force of this Law

This law stipulates that the policy implemented by the State towards high mountainous regions is part of the regional development policy of the country and is aimed at ensuring the equal socio-economic development of the entire territory of Georgia and at solving the social and economic problems of persons living in high mountainous regions. The aim of this Law is to determine the benefits of encouraging the social and economic progress of high mountainous regions as guaranteed by the Constitution of Georgia; such benefits ensure the well-being of persons living in high mountainous regions, raise living standards, promote employment and improve social and economic conditions. This law stipulates that the law of Georgia of 8 June 1999 on High Mountainous Regions Social-Economic and Cultural Development shall be repealed on 1 January 2016.

Georgia - Economic and social policy - Law, Act

Law of Georgia on Business Ombudsman of Georgia No. 3612-IIS, adopted on 28 May 2015. -

Adoption: 2015-05-28 | Date of entry into force: 2015-06-04 | GEO-2015-L-104528

Article 1 - Scope of the Law
Article 2 - Legal grounds for the activities of the Business Ombudsman
Article 3 - Main principles of the activities of the Business Ombudsman
Article 4 - Appointment of the Business Ombudsman and termination of his/her authority
Article 5 - Activities incompatible with the position of the Business Ombudsman
Article 6 - Powers of the Business Ombudsman
Article 7 - Office and the Deputy of the Business Ombudsman
Article 8 - Review of an application
Article 9 - Analysis of the legislation of Georgia
Article 10 - Practice analysis
Article 11 - Informational and advisory activities
Article 12 - Annual report of the Business Ombudsman
Article 13 - Property and financing of the Business Ombudsman
Article 14 - Transitional provisions
Article 15 - Final provisions

This Law is intended to facilitate protection of rights and legitimate interests related to the performance of entrepreneurial activities of persons in the territory of Georgia. Repeals the Ordinance No.92 of the Government of Georgia of 23 February 2011 on the Powers and Main Principles and Forms of Activities of the Tax Ombudsman.

Georgia - Economic and social policy - Law, Act

Law of Georgia on Promotion and Guarantees of Investment Activity (No 473-IS of 12 November 1996). -

Adoption: 1996-11-12 | GEO-1996-L-99404

Georgia - Economic and social policy - Law, Act

Law of 28 October 1994 on Entrepreneurs, as amended.

Adoption: 1994-10-28 | GEO-1994-L-63984

Supplements the Act on the Principles of Entrepreneurial Activity of 1991 and the relevant provisions of the Civil Code. Regulates the founding, operation and liquidation (art. 14) of companies and their legal status.