Georgia's Tbilisi City hall develops business support program

Georgia Materials 6 October 2021 13:36 (UTC +04:00)
Georgia's Tbilisi City hall develops business support program

BAKU, Azerbaijan, Oct. 6

By Maryana Akhmedova – Trend:

Tbilisi City Hall has developed a number of measures to support small and medium-sized businesses in Georgia affected by the COVID-19 pandemic, the mayor of the capital Kakha Kaladze said at the meeting of the municipal government, Trend reports, citing Georgian media.

The business support program will be launched in 2022 and will include various components, Kaladze said.

The tenants of the municipality and municipal enterprises will be exempt from the rent tax payable in 2021-2022. The lease terms are also extended by two years, since the economic activity of the tenants has decreased as a result of the COVID-19 pandemic, the Tbilisi mayor said.

"We will also offer a two-year restoration of this leasehold to those whose lease agreement with the municipality, or municipal enterprises, has expired, over the period from January 1, 2020, through January 1, 2022," he added.

According to the Tbilisi mayor, tourist facilities will be exempted from the cleaning fee.

"The project of the business support program has already been sent to the Tbilisi City Council and I hope for the support of the majority of the City Council. I think it will be a support for small and medium-sized businesses," Kakha Kaladze concluded.


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