Georgia

We represent clients from all around the world in Georgia every year. We see the globe as having no borders and are unafraid of language hurdles or time zones.

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Georgia

Legal Industry in Georgia

Centred around the country’s capital Tbilisi, Georgia’s legal market is dominated by firms such as BGI Legal but international firms such as Dentons also hold a strong position in the market. Much of the work revolves around firms acting as local counsel for international companies and firms tend to favour a multi-disciplinary approach rather than having specialist teams due to the size of the market.The market in Georgia remains generally stable this year, although recent activity is still impacted by Covid-19 which saw the country enter into a deep recession in 2020 from which it is starting to recover. The banking sector is now growing again as well as the economy and tourism numbers; and this trend is expected to continue. However, the recent political situation has been turbulent as there have been several contested elections over the past few years.There has been a rise in employment- and pandemic-related matters inside and outside of the courts. Increasingly there is a hybrid model of online and in person court hearings which has been beneficial for firms. The government has assisted with this and although cases are being dealt with slowly due to the backlog, local arbitration is now evolving because of this switch to a hybrid model.Energy and infrastructure continue to be the sectors that have seen the most activity recently thanks to foreign investors, especially from the Middle East. The hospitality industry was particularly affected by the pandemic but is now also recovering.
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Articles about Law in Georgia

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    Most common legal demands in Georgia

    Legal Market Overview in Georgia

    While Georgia’s largest law firms promoted significantly fewer attorneys to partner last year, this year saw a reversal. The largest firms in Georgia sought to catch up, collectively promoting dozens of more lawyers to partner for 2022.

    The Daily Report tracked the partner promotions from the 10 largest law firms by attorney count in Georgia, comparing the 2020/2021 period and the 2021/2022 period. According to that analysis, promotions at those law firms increased in Georgia by 29.5%. Firmwide, the 10 law firms saw an increase of 15.2%.

    Georgia’s general rule of law score decreased by less than 1% in 2022’s Index. At 49thplace out of 140 countries and jurisdictions worldwide, Pakistan’s rank decreased by 8 in the global rank in comparison to 2019 (41).

    33% of people in Georgia experienced a legal problem,62% of them knew where to access help and 39% resolved the problem.

    The average duration of resolving the legal problem in Georgia is 12 months and also 21% experienced a hardship.

    Frequently Asked Questions

    Both parents have equal rights to custody of a child born during a marriage. What if the mother and father are separated and one wants sole custody? That parent must go to court and get legal custody. The court awards custody to the parent it decides can best raise the child.

    There are many legal arrangements you can choose to use when cohabitating. This can help you establish rights that are similar to those that married couples enjoy. Georgia courts recognize cohabitation agreements, so having a family law attorney can ensure that you and your personal assets are protected.

    What is a spouse entitled to in a divorce in Georgia? Under Georgia law, each spouse is entitled to an “equitable” share of the marital property. This does not equate to an equal division, but instead a “fair” split between the parties.

    In Georgia, you don’t have to be separated for any specific period of time. You can decide you want a divorce on Monday and file your case on Tuesday. However, Georgia does have a minimum waiting period of 45 days before a divorce can be granted, with some exceptions that allow it to be done after 31 days

    Beginning in January of 2024, Georgia’s personal income tax is set to shift from a graduated system, where tax rates increase from 1 to 5.75 percent so that everyone pays their fair share, to a flat tax of 5.49 percent, where the wealthy benefit the most.

    Social Security income is not taxed. Withdrawals from retirement accounts are partially taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.90%. Public and private pension income are partially taxed.

    A citizen of a foreign country who seeks to enter Georgia generally must first obtain a Georgian visa, which is placed in the traveler’s passport (a visa blank) or is issued electronically (electronic visa)

    A majority of the immigrant white population traveled to Georgia because of the availability and cheapness of land, which was bought, bartered, or bullied from surrounding Indians: more than 1 million acres in the 1730s, almost 3.5 million acres in 1763, and a further cession of more than 2 million acres in 1773

    After 10 years of continuous, legal residency in Georgia, foreigners may be eligible to apply for Georgian citizenship, if they meet certain conditions, such as knowing the local language, history and customs, and/or have married a Georgian citizen, or are engaged in economic activities considered important 

    Tax residents in Georgia are those who reside for at least 183 days in Georgian territory.