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ARTICLE · 16 OCTOBER 2018

Georgia Announces New Customs Code

It is planned that the new Customs Code will come into force on January 1, 2019.

GeorgiaInternational Law

Georgia continues to pursue a business-friendly tax and customs policy, which - along with economic reform - implies a complete harmonization of the legislation with EU standards. At this stage, work on the new Customs Code project has been completed with the participation of experts from the European Union, fully meeting the standards of the European Union.

The approach to the new Customs Code is based on the following principles: the introduction of simple and fair rules, the creation of a stable and predictable business environment, the reduction of the costs associated with foreign trade for the private sector and the introduction of even more flexible customs procedures.

As stated by Mamuka Bakhtadze, Georgia's prime minister: "The idea of digital customs is a very ambitious project. One can say that Georgia will be one of the first countries not only in our region, but also in Eastern Europe, which will implement the digital customs of the new generation."

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