Access to 2.3 billion markets without Customs Duty - Georgia has Deep and Comprehensive Free Trade Agreement (DCFTA) with EU, Free Trade Agreements (FTA) with China, Turkey, CIS countries, EFTA.
Competitive labor costs - the average monthly salary in manufacturing industry is USD 365 (2017) including white and blue-collar workers. Low utility costs - currently up to 80% of power
is generated via hydropower plants, leading to cheaper energy cost. Standard cost for 1 kWh is 6 USD cents for 30-110 kV high voltage electricity. 4 Free Industrial Zones (FIZ) - In FIZ, businesses are exempt from all taxes except Personal Income Tax (20%), which is paid from employees’ salaries.
Source : Enterprise Georgia
