The Georgian Parliamentary Branch Economy and Regional Committees will discuss new Tax Code of Georgia today.
According to the new draft-law, entrepreneurs, whose annual turnover does not exceed 30 thousand GE, will not have to pay taxes.
Accounting procedures will be facilitated for those, whose annual turnover does not exceed 200 thousand GEL.
The terms of micro and small businesses will be introduced in the Tax Code. Differentiated taxes will be imposed for of micro and small businesspersons.
The new Tax Code aims at providing liberal business environment and creation of additional job places in Georgia.
