The advent of the Internet has opened up many opportunities for companies around the world.…
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Business opportunities in Georgia Tbilisi
Business opportunities in Georgia Tbilisi: The advent of the Internet has opened up many opportunities for companies around the world. And among these many possibilities, software development is in pole position. Increasing globalization is driving IT companies to outsource their software development projects to low-cost countries with expertise in this field. Software export is the main source of revenue for a large number of IT companies operating worldwide. However, in most jurisdictions, income from the export of software outside a country’s borders is taxable. This can affect the profitability of companies, as they will end up paying a significant portion of their profits in taxes. There is one country that does not levy taxes on IT business income, Georgia in the Caucasus. Get In Touch