GEORGIA'S TAX REFORM AND ECONOMI GROWTH

Year 2019, Issue: 43, 161 - 166, 25.09.2019

Roin Tateshvili

Abstract

The theme of the
topic is about  developing  economic conditions  of the country without commerce, production
and financial institutions, is impossible.

Small business is the basis of the economy of many
states, due to its obvious advantages over other structural units of business.

The development of Small and medium sized enterprises  in developed countries is underway at a high
rate, with the government providing substantial assistance because small and
medium businesses are the basis for the middle class formation of the
population that constitute the stable development of the country's economy.

The main topic of research is to determine the factors
affecting the economic development of the country. The objective of the
research is the reforms carried out by the Georgian goverment
The aim and objective of the research is to reform
the tax system in Georgia and state program "Produce in Georgia"

Analysis has been made to create a
favorable environment for doing business, for direct foreign investment,
liberalization of economy, reduction of administrative barriers and tax cargo,
and improving public services.

The objective necessity of small and
medium business support in Georgia and development of practical proposals is
presented.

What is the role of entrepreneurial culture development,
stimulating development of new enterprises and facilitating expansion of
existing enterprises, how reform promotes the effectiveness of small and medium
business functioning and how it reacts to the growth rate of GDP.

The
strong and well-developed small and medium enterprises sector greatly
contributes to exporting, innovations, as well as the potential for employment
growth and job creation, and at the same time plays a special role in raising
the welfare of the country.

Keywords

Small business, tax reform, state program, economic growth

References

• 1. Tateshvili R. (2014). Gadasakhadebi da sagadasakhado Sistema, gamomcemloba “akhaltsikhis universiteti” akhaltsikhe. (Tax and Budget System, Publishing House "Akhaltsikhe University", Akhaltsikhe)
• 2. sakhartvelos mtsire da sashualo metsarmeobis ganvitarebis strategia 2016-2020 tslebistvis, (Small and Medium Entrepreneurship Development Strategy of Georgia 2016-2020 years).
• 3. sakhartvelos sagadasaxado kodekhsi , (Tax Code of Georgia)
• 4. programis “atsarmoe sakhartveloshi” tekhnikuri mkhardacheris da finansebze khelmisawvdomobis konponentebis shedegebis shefaseba (2018.)- shps bidio. (Evaluate the results of access to technical support and financing of the program "Produce Georgia"-BDO)
• 5. www.qartuli.ge
• 6. www.doingbusiness.org
• 7. www.geostat.ge