An enterprise with tourist status as a stimulant for attracting investments and tourists to Adjara


  • N. Jabnidze Batumi Shota Rustaveli State University
  • B. Gechbaia Batumi Shota Rustaveli State University
  • N. Phalavandishvili Batumi Shota Rustaveli State University
  • E. Bakhtadze Batumi Shota Rustaveli State University
Keywords: tourist enterprise status; tourism; investments; apartments; hotels; tax benefits.

Abstract

Tourism is one of the priority sectors of the Autonomous Republic of Adjara. The country has a significant legislative regulatory framework to promote the development of tourism in the country. The article deals with the Decree of the Government of Georgia, issued in 2015, on the procedure for granting the status of an enterprise to a tourist enterprise, as well as its operation and cancellation, the concessive initiatives of which are based on the Tax Code of Georgia. Objects with this status have become a profitable source of income and means of living for non-residents and for construction business - it is the easiest way to attract investments. Hotels apartments could find easily their niche in the consumer market.

References

ფინანსთა და ეკონომიკის სამინისტრო. (2019). Retrieved from http://www.mofea.ge/
ფინანსთა და ეკონომიკის სამინისტრო. (2019). Retrieved from http://www.mofea.ge/
საგადასახადო კოდექსი. (2019). Retrieved from https://matsne.gov.ge/document/view/31690?publication=86

Abstract views: 13
PDF Downloads: 16
Published
2019-02-28
How to Cite
Jabnidze, N., Gechbaia, B., Phalavandishvili, N., & Bakhtadze, E. (2019). An enterprise with tourist status as a stimulant for attracting investments and tourists to Adjara. Fundamental and Applied Researches in Practice of Leading Scientific Schools, 31(1), 77-80. https://doi.org/https://doi.org/10.33531/farplss.2019.1.16