What the Law on Labor Safety means and who is affected

Question. We are a tourism firm. We have 16 employees in total, including guides and drivers. We do not produce anything, we do not carry out activities related to any hazards. Does the requirement of the Law for setting up a security service apply to us? Answer.:...

Free Industrial Zone (FIZ) in Georgia

Law of Georgia on Free Industrial Zone Aims creating an attractive environment for economic activity, and at facilitating the capital and technology inflow into Georgia. What is Free Industrial Zone? FIZ is the type of a free zone envisaged by Tax Code of Georgia...

Net Present Value (NPV)

In the case when all future cash flows are incoming (such as coupons and principal of a bond) and the only outflow of cash is the purchase price, the NPV is simply the PV of future cash flows minus the purchase price (which is its own PV). NPV is a central tool...