15 per cent, 60 working days: the half of CRD VI already in force
Article 27a CRD VI puts bank acquisitions, asset transfers and mergers under supervisory control — since January 2026, and in Germany since April.
Blog
Insights on company formation, banking and taxes in Georgia.
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Transferring a share in a Georgian LLC: it takes effect on the register
Transfer needs no consent, and the statute knows no pre-emption right — but the transfer takes effect only on registration, and the seller stays liable.
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Employment contracts in Georgia: thirty days’ notice — or three
Written form only above one month, ten mandatory terms, a six-month probation period and a notice period the employer may shorten by paying for it.
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Data protection in Georgia: the State Audit Service took over in March 2026
Georgia’s data protection law has no market-place criterion and caps fines at 10,000 lari — and since 2 March 2026 the supervisory authority has changed.
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Licences in Georgia: whoever fails to decide has granted
The catalogue of activities needing permission is exhaustive, and no other statute may extend it.
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Georgian contracts: the arbitral award travels, the judgment does not
Choice of law in Georgia is freer than expected and bounded more sharply in one place. On forum, one clause is routinely set wrong.
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Tax disputes in Georgia: two stages, and no suspensive effect
Thirty days from service, a two-stage procedure inside the Ministry of Finance — and an appeal that does not hold up the assessment it challenges.
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Transfer pricing in Georgia: thirty days after the letter is too late
The arm’s length principle applies to cross-border dealings between related enterprises. The documentation is not filed but called for — on a short deadline.
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Who may advise you in Georgia — and who may not
Georgia barely regulates advice but regulates representation sharply. Where the line runs — and why the common rule of thumb fails in criminal matters.