- Home
- -
- Countries_old
- -
- Georgia
Georgia
Georgia is a country located at the intersection of Eastern Europe and Western Asia. It is bounded to the west by the Black Sea, to the north and east by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan. Georgia is a representative democracy governed as a unitary parliamentary republic. Tbilisi is the capital and largest city, home to roughly a quarter of the population
POPULATION
CURRENCY
GDP
MINIMUM MONTHLY WAGE:
261.80 Gel
TIME ZONE
UTC +4
Georgia isn’t called Georgia by Georgians. They call their country Sakartvelo.
The main export of Georgian goods is mineral products, machines, devices, chemical products, and transport equipment.
Georgia is a representative democracy governed as a unitary parliamentary republic. It is a developing country with a very high Human Development index. Economic reforms since independence have led to a higher level of economic freedom, as well as reductions in corruption indicators, poverty, and unemployment.
Employment contract.
The Labour Code defines an employment contract as a written contract between an employer and an individual employee.
- Open ended.
- Fixed-term contract. Minimum duration is 1 year. Maximum total duration of the fixed term employments for 1 employee is 30 months. Unless the agreement states the
term of the employment, it will be unlimited. The restrictions on concluding fixed-term employment agreements shall not apply to the company if 48 months have not elapsed since their public registration (start-up companies)
Service agreement
Contractors/freelancers conclude service agreements for providing specific services to legal entities and individuals in accordance with the relevant provisions of the Civil Code.
A normal five-day working week is 40 hours (48 in some specific sectors).
Salary shall be given out once a month at the workplace and should be defined based on a labor contract.
Paid vacation. At least 24 working days of paid base vacation must be granted to employees.
15 calendar days of unpaid vacation.
Pay for overtime hours is at least 100% of an employee’s regular salary rate.
Employee should be entitled to paid leave the minimal duration of which should be 24 calendar days per year. An employee’s right to claim a leave arises eleven months after starting work for an organization.
GEORGIA – PUBLIC HOLIDAY
01 Jan New Year’s Day
02 Jan New Year Holiday
07 Jan Orthodox Christmas Day
19 Jan Orthodox Epiphany
03 Mar Mother’s Day
08 Mar International Women’s Day
09 Apr Independence Restoration Day
10 Apr Orthodox Good Friday
11 Apr Orthodox Holy Saturday
12 Apr Orthodox Easter Sunday
13 Apr Orthodox Easter Monday
09 May Victory Day
12 May Saint Andrew the First-Called Day
26 May Independence Day
28 Aug Dormition (Assumption) of Mary
14 Oct Svetitskhovloba
23 Nov Saint George’s Day
Employees receive full paid sick leave for up to 40 days.
Pension: This benefit applies only to Georgian citizens who are employed or self-employed and receive income from employment or self-employment. The contribution from
salary is 4% (2% by theemployer and 2% by the employee). Self-Employed participants pay four percent (4%).
Personal accident insurance: insurance has become mandatory for employers to provide compulsory accident insurance for employees performing hazardous work.
- Additional vacation days.
- Extensive paid maternity leave for a total of 126 days.
- Extensive paid medical insurance (in some cases family package full cover). 13-14 salary each year (with December salary).
- Meal allowance.
- Transport (Fuel) allowance.
- Birthday, Marital, Childbirth, Family member loss
commission. - Friday – short working day.
- Education funding
- Based on the request, the employee is given paid leave due to pregnancy and childbirth in the amount of 126 calendar days, and in case of complications of childbirth or the birth of twins – in the amount of 143 calendar days.
- Other specific types of maternity and childcare leave depend on various conditions.
- Compensation for pregnancy, maternity or adoption leaves is paid from the State Budget according to the rule set by the legislation. An employer and an employee can reach an agreement regarding additional compensation paid by an employer.
- Based on international agreements and other legal acts of Georgia, foreigners can enter the territory of Georgia without a visa (needs only for specific Asian countries).
- It is possible to work in Georgia for up to 1 year without any permit documents or visas (needs
only for specific Asian countries). - Georgia immigration categories
The D1 category visa (D – category for the immigration visa) is the one that is used by individuals who come to the country for work purposes, be it for contracted work or for entrepreneurial
activities. When the foreigner has already established that he/she will start work in the country (a work agreement has been concluded), then the employer will be required according to law to notify
the Ministry of Labor, Health and Social Affairs of the employment of an immigrant. This notification
has to be sent to the Ministry within 30 days of concluding theemployment contract. - Time frame
The work permit is generally issued within 30 -35 days. If the application is rejected, they
receive writtennotification within five days after the application has been submitted.
Other categories of professionals may come to work in Georgia, however, depending on
the nature of their work they may need to request another type of D visa for immigration.
The other categories for the D-visa type are the following:
- A work permit cannot be transferred to another person or employer.
- A work permit is issued for a minimum of one year, after which it can berenewed.
- The permit is generally issued for one year initially. The permit can be extended for up to
five years, after which the foreign national may qualify for permanent residence.
The grounds for terminating the employment contract are:
- By the employer`s will.Employer can terminate the contract only with a reason specified in the local law. Such as, economic circumstances, and/or technological or organizational changes requiring downsizing. The employer shall notify the employee thereof in writing at least 30 calendar days in advance. Notice can be paid in lieu; in this case the employer may notify the employee thereof in writing at least 3 calendar days in advance.
An employee may, within 30 calendar days from receiving an employer’s notification about terminating
an employment agreement, request the employer in writing to be provided with a written substantiation of the grounds for terminating the employment agreement.
An employer shall provide a written substantiation of the grounds for terminating an employment
agreement within 7 calendar days after an employee submits a request. - Expiration of the fixed term employment contract.
- By employee`s will.
Employee needs to provide a written resignation letter with 30 days’ notice. Theoretically it can be notified more than 30 days prior, but as it is not required by the law.
- The employer is obliged to notify the employee at least 30 calendar days in advance by sending a writtennotice. In this case, the employee will be given compensation in the amount of at least
1 month’s salary. - The employer is entitled to notify the employee at least 3 calendar days in advance by sending a written notice. In this case, the employee will be given compensation in the number of at least 2 months’ wages.
If an employment contract is terminated at the employer’s initiative is obliged to pay unused leave days
If you need
more
information
Our team of dedicated managers will gladly support you with any specific information you might need
WHY YBS?
What truly sets YBS apart is our unwavering dedication to understanding our clients’ unique requirements. We believe in a personalized approach, taking the time to listen to our clients’ needs, goals, and challenges. By doing so, we can tailor our services to suit their specific circumstances, providing tailored solutions that address their pain points and drive positive results
Cost
effective
Maximizing Value, Minimizing Expenses
Time
efficient
Optimizing Results, Minimizing Waiting Time
100%
compliant
Guaranteed Compliance, Zero Compromises.
Tailored to your Needs
Customized Solutions, Unique You