There were 14 licensed insurance companies operating in Georgia by the end of 2016. In total, they attracted insurance bonuses in amount of 393,038,614 GEL in 18 different types of insurance (including 60% of the full bonus on the first three ones). According to insurance types, medical insurance has 45% of the market share (76% of the attracted bonus was on the three leading types of insurance. insurance companies reimbursed 231,862,996 GEL during the whole year.

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There were 14 licensed insurance companies operating in Georgia by the end of 2016. In total, they attracted insurance bonuses in amount of 393,038,614 GEL in 18 different types of insurance (including 60% of the full bonus on the first three ones). According to insurance types, medical insurance has 45% of the market share (76% of the attracted bonus was on the three leading types of insurance. insurance companies reimbursed 231,862,996 GEL during the whole year.

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Law of Georgia on Construction Activities determines legal, organisational and economic characteristics of the relations between the participants in construction activities on the territory of Georgia and establish the mechanism for protection and regulation of norms related to these activities. The goals of the Law shall be: ensuring efficient functioning of the construction …

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Economic Freedom Index of Heritage Foundation indicates how government support the economic freedom of private individuals and business. In the economically free countries government promotes labour, capital and commodity in free movement and development. Index is based on 4 components (and 10 sub-components). They are: Supremacy of law (right to …

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General Administrative Code of Georgia defines the procedure for issuing and enforcing administrative acts, reviewing administrative complaints and applications, and preparing, concluding and executing contracts under public law by administrative bodies. The Code aims to ensure the administrative bodies respect human rights and freedoms, the public interests and the rule of …

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Food Products/Animal Feed Safety, Veterinary and Plant Protection Code aims to protect human life and health, consumer interests, animal health and welfare, and plant health, as well as to define the unified principles of state regulation and to form an effective system of state control in the fields of food/feed safety, …

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The EU and Georgia signed an Association Agreement on 27 June 2014. It has entered into force since 1 July 2016. The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. Standard …

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Law of Georgia on Promotion and Guarantees of Investment Activity determines legal grounds for the implementation of both foreign and local investments in the territory of Georgia and guarantees for their protection. This Law is intended to define a legal order to promote investments. Guarantees for protection of investments are …

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Law of Georgia On Supporting the Development of Free Tourism Zones aims to to develop tourism and promote entrepreneurship in Georgia. To achieve this aim, this Law determines the conditions, as well as tax and other privileges, for the construction and operation of hotels in free tourism zones. This Law shall apply to …

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The EU and Georgia signed an Association Agreement on 27 June 2014. It has entered into force since 1 July 2016. The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. The …

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