Hualing Free Industrial Zone in Kutaisi is a unique offer for businesses looking to develop in Georgia. Situated in a strategically important region, Hualing Free Industrial Zone offers foreign and local companies a number of advantages, including preferential taxation, developed infrastructure and a convenient location.
Hualing Free Industrial Zone History
The Hualing Free Industrial Zone project was initiated in 2012 through cooperation between the Georgian government and the Chinese Hualing Group. Hualing, as a major investor in Georgia, has committed to developing the zone and creating the necessary infrastructure. In a short period of time, Hualing FIZ has become one of the most successful projects in attracting foreign investment to Georgia.
Business Benefits
- Tax Incentives: Complete exemption from taxes such as income tax, VAT, dividend tax and property tax. This allows companies to significantly reduce their tax liabilities.
- Developed infrastructure: Hualing FIZ offers ready-made production and warehouse facilities, modern communications, logistics services and convenient access to transport highways.
- Convenient location: The zone is located in close proximity to international transport corridors, which facilitates logistics and export of products.
- Government support: The Georgian government provides comprehensive support to companies operating in Hualing FIZ, creating a favorable investment climate.
Company registration process
Registering a company in Hualing FIZ is a simple and fast process. ESPERO group will help you at every stage:
- Consultation: Selecting the optimal legal form, determining the types of activities.
- Preparing documents: Collecting and preparing all the necessary documents.
- Submitting documents: Submitting documents to the relevant government agencies.
- Opening a bank account: Selecting a bank and opening an account for the company.
- Obtaining licenses: Assistance in obtaining a PPE license.
Types of business
PPE Hualing is open to a wide range of activities:
- Manufacturing: Light industry, food industry, production of building materials.
- Logistics: Warehouses, transport companies.
- Trade: Wholesale and retail trade.
- Financial services: Financial companies, payment systems.
Infrastructure of the Hualing SIZ
The Hualing SIZ offers everything you need for a successful business:
- Ready-made production and warehouse facilities of various sizes.
- Modern communications: electricity, water, sewerage, Internet.
- Logistics services: loading and unloading, transportation services.
- Administrative buildings and offices.
Licensing
To conduct business in the Hualing SIZ, you must obtain a license. There are several types of licenses, depending on the type of company activity. The cost of the license depends on the type of activity and its validity period.
Cost of services
The cost of services in the Hualing SIZ is one of the most competitive on the market. Companies can rent production and warehouse space at competitive prices. The cost of utilities is also quite low.
Advantages and disadvantages
Advantages:
- Tax incentives
- Developed infrastructure
- Convenient location
- Government support
- Easy registration
Disadvantages:
- Restrictions on some activities
- Dependence on the zone administrator
FIZ Hualing is a great opportunity to develop your business in Georgia. ESPERO group is ready to provide you with comprehensive support at every stage. Contact us for a free consultation.