Poti Free Industrial Zone is a unique offer for businesses looking to develop in Georgia and have direct access to international markets. Situated in a strategically important port city, Poti FIZ offers foreign and local companies a number of advantages, including preferential taxation, developed infrastructure and a convenient location.
History of the creation and development of Poti FIZ
The Poti FIZ project was initiated in 2008 with the aim of attracting foreign investment and developing the region. In recent years, the zone has undergone significant changes, attracting more and more investors. The largest investor is the Chinese company CEFC China Energy Company Limited, which is actively developing infrastructure and attracting new companies.
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: Poti FIZ offers ready-made production and storage facilities, modern communications, logistics services and convenient access to transport highways.
- Convenient location: The zone is located in close proximity to the largest seaport of Georgia, which provides easy access to international markets.
- Government support: The Georgian government provides comprehensive support to companies operating in Poti FIZ, creating a favorable investment climate.
Company registration process
Registering a company in Poti 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 the necessary licenses (if necessary).
Types of business
Poti SIZ 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 SIZ
The Poti SIZ offers everything necessary for successful business:
- Modern seaport: Provides access to international markets.
- Ready-made production and warehouse facilities: Of various sizes and configurations.
- Developed transport infrastructure: Railways and roads.
- Communications: Electricity, water, sewerage, Internet.
Licensing
To conduct business in the Poti SIZ, you must obtain a license. There are several types of licenses, depending on the type of activity of the company. The cost of the license depends on the type of activity and its validity period.
Cost of services
The cost of services in SIZ Poti is one of the most competitive on the market. Companies can rent production and warehouse premises at favorable prices. The cost of utilities is also quite low.
Advantages and disadvantages
Advantages:
- Strategic location
- Tax incentives
- Developed infrastructure
- Government support
- Easy registration
Disadvantages:
- Dependence on the zone administrator
- Restrictions on some types of activities
Poti FIZ is an excellent opportunity to develop your business in Georgia and enter international markets. ESPERO group is ready to provide you with comprehensive support at every stage. Contact us for a free consultation.