The Parliament of Georgia adopted the new law “On Registration of Foreign Agents” (FARA) in the final (third) reading. This is a stricter version compared to the law “On Transparency of Foreign Influence” adopted earlier.
According to the ruling party, the previous law was ineffective – none of the major organizations registered in the register, despite the fact that they should have done so. The new law significantly expands the definition of an “agent” and strengthens liability measures.
Who is now considered a foreign agent?
According to the law, a legal entity or individual can be a foreign agent if they:
- have political activity;
- act in the interests of, under the control of, or with the financing of foreign entities - these may be:
- foreign governments and parties;
- foreign companies and NPOs;
- natural persons who are not citizens of Georgia.
Media – special case
Media registered in Georgia will not be considered agents if:
- operate within the framework of Georgian legislation;
- the owners and management are 80% Georgian citizens;
- are not owned by foreign companies or persons.
Penalties: fines and jail time
The law provides for stiff penalties for failure to register:
- Fines;
- Criminal liability - from 6 months to 5 years of imprisonment.
The Anti-Corruption Bureau will monitor compliance with the law.
How can it affect your business?
If you are:
- A foreign company operating in Georgia;
- Fund local projects;
- are engaged in public or political activities;
- it is important to assess the risks and check the compliance of your activities with the new law.
🤝 How can ESPERO help?
We offer:
- Legal due diligence and risk analysis;
- Legal compliance checks;
- Advice on business or NPO restructuring;
- Support in registration and interaction with state authorities.
⚖️ The new reality requires adaptation.
Contact ESPERO - we will assess the risks, suggest the best solution and ensure legal protection of your activities in Georgia.