The importance of legal forms of business subject for formation of business environment in Georgia

Main Article Content

George Abuselidze
Giorgi Katamadze

Abstract

The article is devoted to the analysis of the effects of organizational and legal forms of business entities on the development of entrepreneurship in Georgia. Based on the analysis of the dynamics of company registration during ten years, companies characterized by rapid changes of registration during this period were revealed, and also the factors affecting the process of selection of organizational and legal forms were discussed. Based the results of the study, it can be concluded that encouraging to increase or decrease the number business entities is an indirect tool to achieve the goals of economic policy of the country, depending on which areas of the economy are to be strengthened.

Downloads

Download data is not yet available.

Article Details

How to Cite
Abuselidze, G., & Katamadze, G. (2018). The importance of legal forms of business subject for formation of business environment in Georgia. Kwartalnik Nauk O Przedsiębiorstwie, 49(4), 83–88. https://doi.org/10.5604/01.3001.0012.8123
Section
Articles

References

Abuselidze G., Katamadze G. [2017], International Experience Of Ranking Of Georgian Business Environment And Its Impact On Economic Activity, “Archives of Business Research”, 5(5). DOI: http://dx.doi.org/10.14738/abr.55.3166.

Agency of Agricultural Cooperatives Development [2013], Order N2-206 as of September 20, 2013 of the Minister of Agriculture of Georgia.

Frazer Institute [2017], Economic Freedom of the World, Annual Report 2017, Frazer Institute, Canada.

Fritch M. [2008], How does new business formation affect regional development? Introduction to the special issue, “Small Business Economics”, Vol. 30(1), p. 1-14.

Law of Georgia [1994], Law on Entrepreneurs, October 28, 1994.

Law of Georgia [2010], Tax code of Georgia, 17 September 2010, No 3591– II S.

Law of Georgia [2012], On Accounting and Financial Audit, 29 June 2012, No 6598-ES.

Ministry of Economy and Sustainable Development of Georgia, http://www.economy.ge.

Ministry of Finance of Georgia, http://mof.ge.

National Agency of Public Registry of Georgia, https://sda.gov.ge.

National Statistics Department of Georgia [2017], The letter N6-395, 13/02/2018.

World Bank [2018], Doing Business 2018, Report, The World Bank, https://data.worldbank.org.