10 Reasons to Invest in Europe, Eurasia & Africa …….
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WHY INVEST /10 Reasons to Invest in Europe, Eurasia & Africa /
The World`s Leading Reformers The World Bank hails meteoric five-year
rise from 112thin 2005 to 11th in the 2010 World Bank & IFC “Doing
Business” Index as unprecedented. “Since the World Bank began keeping
records,” says survey author Simeon Djankov, “no other country has made
so many deep reforms in so many different areas so consistently.”
Strategic Geographic Location these countries strategic location is an asset to
any investor. As a bridge between Europe and Asia, country offers direct
access to European, GCC and CIS markets. Its three major oil and gas
pipelines, Black Sea ports, well-developed railway systems, together with its
airports are playing an increasingly important role in linking the East and
Stable Macroeconomic Environment Consistent macroeconomic policies are
producing strong economic growth, with GDP increases of close to 10%
before the crisis, reaching max of 12% in 2007. Despite the slowdown
caused by the global financial crisis, real GDP growth rate was 6.4% in
Liberal Trade Regimes The country has low tariffs, streamlined border
clearance procedures and preferential trade regimes with major partners,
including the EU, the U.S. and free trade with Turkey and CIS countries.
They have been members of the WTO since the 60’s and have no quantitative
restrictions on trade.
Low Taxes Tax System can be summarized as “Fewer Taxes, Lower Rates”.
Since 2004, the number of taxes was decreased from 21 to only 6 today.
These improvements have made these countries one of the most attractive
tax regimes globally. In 2008, Forbes Magazine designated the countries as
the “4th, 5th, & 19th Least Tax-Burdened Country”.
Simplified Licensing and Permitting Procedures The Government is working
hardly to sustain future development of the Economy. New Financial and
Economic acts have been adopted by the Parliament, which obviously will
help to maintain strong economic growth
Developing Infrastructure In order to further exploit the full potential of the
strategic location and encourage foreign investment in the sector, the
Government, in cooperation with private enterprises, continues to develop
infrastructure – roads, railways, sea ports, and airports, while simplifying
customs and other administrative procedures including licensing reforms.
Business Friendly Environment has been rated as the world`s one of the best
countries for doing business on the basis of its business infrastructure,
financial, legal and professional services, and its low and simple tax system.
The WB s report on Doing Business 2011 can easily prove these countries as
one of the best destinations for investors.
World`s Leader in Labor Freedom and Labor Force Literacy new Labor
Code, hailed as one of the world s best in international rankings, reduces
labor costs and gives greater freedom of contract to employers and
employees. Simultaneously, they offer literate workforce, and very
competitive prevailing wage rates.
Diverse Investment Sectors With well-diversified investment sectors in
energy, healthcare, agriculture, telecommunications, real estate &
construction and infrastructure development, these countries are not simply
another marketplace, it is a genuine opportunity.
WHO WE ARE
WE ARE BUSINESS ORIENTED INDIVIDUALS THAT HELPS POTENTIAL INVESTORS TO GET QUICK
INVESTMENT INFORMATIONS ON THEIR PROPOSED PLANS ON INVESTMENT IN SOME COUNTRIES OF
EUROPE, EURASIA AND AFRICA.
WE ALSO HELP PASS INFORMATION ON INVESTMENTS IN VARIOUS FIELDS OF THE FAST GROWING
ECONOMY OF SUCH COUNTRIES AS THE POTENTIAL INVESTOR WISHES.
WE SAVE YOU TIME AND COST ON YOUR INVESTMENT OUT SOURCING.
WE GET YOU THE BEST LIST OF INVESTMENT OPPORTUNITIES AND REGISTRATION PROCEDURE.
Assistance from the governments
Availability of Free Trade Zones with no taxation
Cheapest land cost in regions with government incentives
Guaranteed Investments and investor’s safety
No minimum investment portfolio. As low as $100,000
Non cumbersome immigration criteria and conditions
Up to 12 month stay with no visa required
Loan access with very low interests
APPLYING FOR LICENSES & PERMITS
All these countries as a regional hub and transit country, the ability to register for businesses and
apply for licenses and permits quickly and without bureaucratic delays continues to be an essential
component of attracting foreign investment.
1. Simplified procedures, with statutory time limits.
2. Silence is Consent” prevents bureaucratic delays.
3. Required licenses & permits reduced by 84%.
LAW ON LICENSES & PERMITS
The Law on Licenses and Permits dramatically simplified licensing and permitting requirements to
ease constraints on business. The total number of licenses and permits was reduced by 84%, in
reforms that eliminated 756 licenses and permits and streamlined procedures. Many licenses were
shifted to pure informational obligations, whereby a business can start operations and simply inform
the authorities. Only 45 licenses and 52 permits now exist, which are reflected in the Law on Licenses
and Permits. Licenses and permits can only be required for:
Safety .and health protection
Security of living conditions and cultural environment of individuals.
Protection of state and public interests.
KEY BENEFITS OF NEW LAW
From 2005- 2010, these various governments implemented a number of reforms that improved the
business climate and encouraged foreign investment. The role as a regional hub and transit country,
the ability to register for businesses and apply for licenses and permits quickly and without
bureaucratic delays continues to be an essential component of attracting foreign investment.
HIGHLIGHTS OF THE REFORMS ARE BELOW:
1. ONE-STOP SHOP PRINCIPLE – the issuing agency is responsible for collecting all relevant
information from different government agencies.
2. STATUTORY TIME LIMITS – the following statutory time limits are imposed: 30 days after filing
an application for a decision on granting a license and 20 days after filing an application for
issuing a permit.
3. SILENCE-IS-CONSENT RULE – if the agency fails to respond within defined statutory time limits,
the license or permit is automatically granted.
4. UMBRELLA PRINCIPLE – general and special licenses are introduced and holder of a general
license is not required to apply for a specialized license. Precisely one may carry out certain
activities based on the general license and is not required to obtain licenses for each activity
Firms requiring a License or Permit to establish or operate their business activities should apply
directly to the supervising regulator.
Register the company at the National Agency and obtain an identification number and proof of state
and tax registration
Time to complete: 1 day / immediately
Cost to complete: no charge
Name of Agency: National Agency
Comment: Registering the company requires filing the following documents:
1. Application for registration;
2. Permission of the owner of the premises address of which shall be used as a legal address of the
3. Document evidencing payment of a registration fee.
Furthermore, application for registration must be signed in presence of a person authorized for
company registration. Registration of a company shall be carried out upon submission of the above
All firms must register with the National Agency of the Public Registry of the Ministry of Justice
(National Agency). In order to register, a firm must provide its Charter (Articles of Association, By-
laws) or a Shareholders’ Agreement in which the founders may articulate the details of management
and operation of the company. The Charter must be presented to the National Agency for the
registration purposes and maintained on company premises. For foreign firms, documents executed
outside Georgia must be translated, notarized and legalized or apostillized.
Entrepreneurs and firms can either form their Branch Offices or choose from 6 legal forms when
setting up their business, including:
Cooperative Individual Entrepreneur
General Partnership Limited Partnership
Joint Stock Company Limited Liability Company
1. Straight forward system for business startups
2. Registration process can be completed in 1 day.
3. Total cost to register/start a business is USD $150 – $10,000
INVESTMENT OPPORTUNITIES AVAILABLE IN ALL COUNTRIES ARE LISTED BELOW
Tourism & Hotels
Free Tourism zone
Development of the Four Season Ski Resort
Spa and Wellness Resort
Over 50 Government Properties For Sale And Highly Profitable For Investors, High
returns on investments
Apparel Sector Investments
Agriculture Sector from all perspective
The Dairy Value Chain and Demo Farm Project
Producer of Hatching Egg
Wine Plants Over 5 (wine & whisky) plants to be sold and have nearness to raw
materials. Less than 5-8 km distance.
Agricultural chemical & animal feeds manufacture and sales
Pharmaceutical Sector investments in all ramifications
ICT Investments from all perspective and study
Light Manufacturing Sector Investments
Automotive Sector Investments
Heavy trucks and machinery manufacture
Heavy equipments manufacture
Wood Processing Sector
Herbs and Medical Plants
Air transportation sector
General transportation sector
General Manufacturing sector
Mortgage & other financial sectors
CONTACT: OLUWOLE INVESTMENT CONSULT FOR MORE INFOS