Georgia’s natural advantage as a gateway between Europe and Asia provides many benefits to investors in the manufacturing sector. In particular, Georgia offers competitive labor and energy costs, low taxes, and a corruption-free environment for serving the region, as well as numerous preferential/free trade agreements.
Manufacturing accounts for 11% of GDP and around 5% of employment. The food and non-metallic mineral products industries provide the largest industrial base for Georgia, while non-metallic mineral products, chemicals and food are the fastest growing industries.
With the establishment of the Free Industrial Zones in Georgia there are new incentives and opportunities to produce and export goods with a minimal tax burden - in the FIZs, businesses are exempted from all tax charges except Personal Income Tax.