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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

For the encouragement of investment activity, the State offers equal promotion and guarantees to foreign and local investments, as well as to any physical and legal persons. Current legislation in Georgia provides an investor with the right to invest in almost every field of activity with a few exceptions. Specifically, in Georgia, investments are prohibited in the fol- lowing areas: a) Creation, production and proliferation of nuclear, bacteriological and chemical weap- ons; b) Construction of nuclear, bacteriological and chemical test ranges; c) Import of nuclear and toxic waste materials from foreign countries for dumping or ren- dering harmless; d) Execution of scientific and research projects related to human cloning; e) Production of narcotics; 79

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