Investors Handbook. A Legal Guide to Business in Georgia
spective administrative authority with a technical design of the activity for which the license/
permit is requested, along with the documents envisaged by the Law of Georgia on Licenses
and Permits. The technical design must be as detailed as possible in order to make it possible to
explicitly identify the terms and conditions (in view of the specific character of the activity the
design may include the type of the activity, the amount of investment, the schedule and the cat-
egories; location, technological processes, a description and types of employed equipment, the
implementation schedule and other matching the decision of the investor).
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Chapter VIII
State Promotion of Investments
Investment related issues in Georgia are currently regulated by two laws, these are: the Law of