Georgia, located in eastern Europe, was named the World’s Greatest Economic Reformer by the World Bank in 2007. After 2003, Georgia witnessed a large flow of Foreign Direct Investments that led to its rapid economic growth. Tourism, agriculture, and mining are among the primary industries in Georgia.
Tbilisi, Kutaisi, Batumi, Rustavi
Business Management, Electrical Engineering, Mechanical Engineering, Software Development, Exports, Sales
Top local universities in Georgia are
Local: 1
World: 1984
Local: 2
World: 3139
Local: 3
World: 4083
Local: 4
World: 4089
Local: 5
World: 5675
Some of the top jobs and their corresponding monthly salaries are as follows:
| Job Title | Average Monthly Salary (GEL) | Average Monthly Salary (USD) |
| Accounting Manager | 10,000 | 3,854 |
| Chartered Accountant | 5,670 | 2,185 |
| Office Manager | 5,820 | 2,243 |
| Graphic Designer | 3,970 | 1,530 |
| Business Analyst | 8,330 | 3,211 |
Below are the key points an employer must keep in mind while seeking employees in Georgia.
An employment contract in Georgia must be drafted in a language that both parties can understand. If the agreement is drawn in two languages, one of those must be specified as the priority contract.
The probation period for Georgian employees is up to 24 days.
| Date | Name | Type |
| 1 Jan | New Year’s Day | Public holiday |
| 2 Jan | New Year’s (Day 2) | Public holiday |
| 7 Jan | Orthodox Christmas Day | Public holiday |
| 19 Jan | Orthodox Epiphany | Public holiday |
| 3 Mar | Mothers’ Day | Public holiday |
| 8 Mar | International Women’s Day | Public holiday |
| 9 Apr | Independence Restoration Day | Public holiday |
| 3 May | Orthodox Good Friday | Public holiday |
| 4 May | Orthodox Holy Saturday | Public holiday |
| 5 May | Orthodox Easter Sunday | Public holiday |
| 6 May | Orthodox Easter Monday | Public holiday |
| 9 May | Victory Day | Public holiday |
| 12 May | St Andrew’s Day | Public holiday |
| 26 May | Independence Day | Public holiday |
| 28 Aug | Day of the Assumption of Mary | Public holiday |
| 14 Oct | Svetitskhovloba | Public holiday |
| 23 Nov | St George’s Day | Public holiday |
| Type of Leave | Time Period | Mandatory |
| Annual Leave | 24 days | Yes |
| Sick Leave | 30 days | Yes |
| Maternity Leave | 18 weeks | Yes |
The payroll cycle in Georgia is Monthly or Bi-weekly
The minimum wage in Georgia is GEL 115 for public sector employees and GEL 20 for private sector employees.
The standard working hours in Georgia are 8 hours per day and 40 hours per week for a five-day workweek. The overtime pay in Georgia is 150% over the employee’s base pay.
The 13th-month bonus is not mandatory for Georgian employers.
| Type of Contribution | Contribution |
| Pension | 2% |
| Type of Contribution | Contribution |
| Pension | 2% |
All Georgian employees must pay the income tax at a flat rate of 20%.
The standard rate for VAT in Georgia is 18%.
Employment in Georgia can be terminated both by the employee and the employer. The employer can terminate the employment on substantial grounds. If the employment is terminated without any grounds, the employer must pay a severance to the employee.
The notice period for both permanent employees and employees on probation is at least 30 days.
Severance pay in Georgia is set to at least one month’s salary.
Individuals seeking employment in Georgia can apply for a Type – D visa. The Type – D visa can also be clubbed with a work and residency permit, which is usually valid for one year. Individuals residing in Georgia can apply for permanent residency after six years.
