The table below shows the business entity destribution in Georgia by ownership type.
Based on the data of September 1, 2017, there are 664,057 registered business entities in Georgia, out of which only 173,629 are active.
The economic unit is active if it meets one of the following criterias:
- Turnover > 0 (VAT, income and other declarations)
- Number of Employees > 0 (VAT, income and other declarations)
- Salary or number of employees> 0 (Salary announcements)
- Has a profit or loss (profit declaration)
- Pays any tax except for property taxes
|OWNER TYPE||Number of entities||Active||%|
|private domestic person (fully)||621,245||160,650||93.6|
|private foreign person (fully)||26,284||6,559||3.9|
|OTHER TYPE OF OWNERSHIP||2,353||587||0.4|
*Private person – Economic entities in which more than 50 percent of the equity is in ownership of private person;
**Private mixed – Partly domestic private owners, partly foreign private owners;
***State – Economic entities in which more than 50 percent of the equity is in ownership of state.
The source of the article is geostat.ge (National Statistics Office of Georgia).
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