Меню Главная Юридпсихология Этика эстетика Электротехника Эктеория Физика Управление персоналом Уголовный процесс Уголовное право Схемотехника Стратегический менеджмент САПР Ресторанно-гостиничный бизнес бытовое обслуживан Реклама и PR Режущий инструмент Неопределено Метрология Матметоды в эк-ке Исторические личности Искусство и культура Информатика Иностранные языки Гражданское процессуальное право Гражданское право Государственное регулирование и налогообложение Сонник Карта сайта Поиск По всему сайту Статьи Комментарии Файлы Форум Гостевая Ссылки Новости	Private sector and human-resource development in Georgia Private sector and human-resource development in Georgia TBILISI, GEORGIA             Private Sector and Human-resource Development in Georgia Author: Lasha Martashvili E-mail: lmg@bk.ru    (18.02.2004)             TABLE OF CONTENTS 1.      Government Policies.. 5 1.1        Government promotion policies of small and medium size enterprises.. 5 1.2        National Investment Agency of Georgia.. 5 1.3        Georgian Investment Center.. 5 1.2.1     Government’s Export Promotion Policy. 6 1.2.2     Georgian Export Promotion Agency (GEPA) 9 1.4        Foreign Investment Promotion.. 14 1.3.1     Government’s Foreign Investment Promotion Policy. 14 1.3.2     Foreign Investment Advisory Council (FIAC) 21 1.5        Tax Regime. 23 1.3.3     Taxation System and Tax Rates in Georgia. 23 1.3.4     Existing Taxation Practices. 34 1.3.5     Tax Reform Areas. 38 1.6        Legislative Basis for the Operation of the Private Companies. 44 1.5.1     Law of Georgia on Entrepreneurs (LoE) (Corporate Law) 44 1.5.2     Law of Georgia on Securities Market (SML) 51 1.5.3     Employment Regulations in Georgia. 57 1.5.4     Regulations about Real Estate in Georgia. 59 1.7        The Business Environment in Georgia.. 61 1.8        Institutional Arrangements. 64 1.3.1     Securities Industry. 64 2.      Society.. 65 2.1        Poverty issues.. 65 3.      Economics.. 70 3.1        Main economic indicators.. 70 3.2        Agriculture. 77 3.3        Trade. 104 3.4        Construction.. 106 4.      Business.. 110 4.1        Company Registration and Licensing System... 110 4.1.1     Company Registration System.. 110 4.1.2     Company Licensing System.. 117 4.2        Local Enterprises.. 119 4.1.3     Joint Stock Companies traded at Georgian Stock Exchange. 120 4.1.4     Joint Stock Companies not traded at Georgian Stock Exchange. 132 4.3        Human-Resource Development in the Private Sector.. 134 5.      Other Donors’ Activities.. 138 5.1        The World Bank and IMF. 138 5.1.1     List of the Active World Bank Projects in Georgia. 138 S – Satisfactory. 138 U - Unsatisfactory. 138 5.1.2     List of the Closed World Bank Projects in Georgia. 139 5.1.3     Description of the Closed World Bank Projects in Georgia. 140 5.1.4     The World Bank and IMF Cooperation in Georgia. 149 5.1.5     The World Bank Country Assistance Strategy for Georgia. 154 5.1.6     The World Bank Partners in Georgia. 161 5.2        USAID.. 162 5.3        EBRD.. 162 5.4        EU.. 162 5.5        GTZ.. 163 5.6        CIDA.. 163 5.7        DFID.. 163 5.8        The Government of the Netherlands.. 163 5.9        IFAD.. 164 5.10       UNDP. 164 5.11       UNICEF. 164 Currency (Exchange rate as of 01 Feb. 2004) Currency Unit = Georgian Lari (GEL) 1 USD = 2.11 GEL 1.0 GEL = 0.47 USD     Abbreviations and Acronyms
CAS	Country Assistance Strategy of the World Bank
CFAA	Country Financial Accountability Assessment
CIS	Commonwealth of Independent States
CPIA	Country Policy and Institutional Assessment
DFID	Department for International Development, U.K.
EBRD	European Bank for Reconstruction & Development
EDPRP	Economic Dev’t & Poverty Reduction Program
EU	European Union
FAO	Food and Agriculture Organization
FDI	Foreign Direct Investment
FIAS	Foreign Investment Advisory Service
FSAP	Financial Sector Assessment Program
FSU	Former Soviet Union
FY	Fiscal Year
GDP	Gross Domestic Product
GEL	Georgian Lari
GNP	Gross National Product
GoG	Government of Georgia
GSE	Georgian Stock Exchange
GTZ	German Technical Cooperation
IDA	International Development Association
IDF	Institutional Development Fund
IDP	Internally Displaced Persons
IFC	International Finance Corporation
IMF	International Monetary Fund
IOSCO	The International Organization of Securities Commissions
JSC	Joint Stock Company
KfW	German Financial Cooperation

LLC

Limited Liability Company

MDGs

Millennium Development Goals

MoF

Ministry of Finance

NBG

National Bank of Georgia

NGO

Non-Governmental Organization

NBG

National Bank of Georgia

NGO

Non-Governmental Organization

OECD

Organization For Economic Coop’n & Development

PER

Public Expenditure Review

PPP

Purchasing Power Parity

PRGF

Poverty Reduction and Growth Facility

PRSP

Poverty Reduction Strategy Paper

SAC

Structural Adjustment Credit

SATAC

Structural Adjustment Technical Assistance Credit

SEC

Security and Exchange Commission

SIDA

Swedish International Development Agency

SIF

Social Investment Fund

SME

Small and Medium Enterprises

SRS

Structural Reform Support Project

TACIS

Technical Assistance to the CIS (EU)

UNDP

United Nations Development Program

UNHCR

United Nations High Commissioner for Refugees

USAID

United States Agency for International Development

VAT

Value Added Tax

WTO

World Trade Organization

1.    Government Policies

1.1  Government promotion policies of small and medium size enterprises

[To be described:] "Small and Medium Enterprise State Support Program for 2002 - 2004 in Georgia"

[To be described:] Law of Georgia "On Promotion of Small and Medium Enterprises"

1.2  National Investment Agency of Georgia

[To be described:] Law of Georgia "On National Investment Agency of Georgia"

[To be described:] Activities of the National Investment Agency of Georgia

1.3  Georgian Investment Center

[To be described:] Activities of the Georgian Investment Centre

1.2.1        Government’s Export Promotion Policy

Foreign Trade Regimes. Reforms carried out in recent years in Georgia, including serious legal reforms, are working successfully to create a favourable foreign trade regime in the country. Since 1995 the following major reforms have taken place in Georgian legislation:

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