Time is short, the deadline for submission of audited financial statements expires.
The deadline for submission of audited financial statements expires on October 1, according to the Law of Georgia on Accounting…
What the Law on Labor Safety means and who is affected
Question.We are a tourism firm. We have a total of 16 employees, including guides and drivers. We do not produce…
Special Enterprise
In accordance with the amendments made to the Tax Code of Georgia dated January 1, 2019, the tax legislation introduces…
Accumulating pension scheme
From January 1, 2019, Georgia will move to an accumulating pension scheme.Liability for the implementation of pension contributions besides the…
The income earned by a natural person from supplying the scrap and waste will be taxed
In accordance with the amendments made to the Georgian Tax Code that entered into effect on January 1, 2018, the…
Why do companies use budgets?
When people hear about budgets, they are often overwhelmed with negative emotions. In personal life, budgets usually mean restraining yourself…
What is proforma?
In accounting, proforma is most used term. It means standard format of any accounting document or financial statement. With the…
Untaxed minimum wages are cancelled from 2015
According the changes in Georgian tax code, the untaxed minimum wages are canceled. These changes are in fource from 2015….
Changes in The Tax Legislation of Georgia
According the last changes in the Tax Code of Georgia if an individual or a company temporary gives it’s property…
Financial Statement
A financial statement (or financial report) is a formal record of the financial activities of a business, person, or other…