“Enterprise Georgia” will transform into Agency and will cover 3 directions: local enterprise, export and investments. Mikheil Kukava, Economist at PMC research, talking about the consequences of this initiative
Starting from 1st January of 2017 the new rule of excise tax calculation launched. There is a significant increase of excise tax on the automobiles issued before 2005. The excise tax on the automobiles with right-hand side wheel also increased significantly and amounted to 3 times more than the same car with left-hand side wheel.