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Investors Handbook-A Legal Guide to Business in Georgia
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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). 78 CYAN MAGENTA YELLOW BLACK 78 Chapter VIII State Promotion of Investments Investment related issues in Georgia are currently regulated by two laws, these are: the Law of

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