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Thursday, 17 November, 2022
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Ministry of Justice and the Georgian Business Association Hold a Meeting to Discuss the New law On Entrepreneurs

Practical aspects of the new law on Entrepreneurs and the obligation to re-register enterprises within 2 years according to this law - were the issues of discussion by the Ministry of Justice and the Georgian Business Association.

The meeting was attended by First Deputy Minister of Justice, Tamar Tkeshelashvili and Chair of the National Public Registry Agency, David Devidze, who together with the entrepreneurs discussed in detail the news related to the registration in the National Public Registry Agency based on the new law on Entrepreneurs and other business-related issues under the competence of the Ministry of Justice.

The new law on Entrepreneurs reflects EU directives and many issues are regulated in a new way. In the direction of registration of entrepreneurial issues in the public registry, a uniform practice adapted to these new norms is being formed. The state is doing everything to support business in the proper implementation of the norms of the new law.

The National Public Registry Agency of the Ministry of Justice has introduced new legally defined services for business entities; Standard charters of business societies have been developed and approved, which are available to interested parties and simplify the registration process; A unified electronic portal has been created, where decisions on registration and registration documents are published,” - said Tamar Tkeshelashvili.

Together with the Chair of the Public Registry, she also spoke about the necessity of re-registration of enterprises within 2 years.

"We introduced statistics to entrepreneurs and asked them to be more active in order to carry out re-registration on time. The National Public Registry Agency of the Ministry of Justice, on the other hand, has full readiness both in terms of software and human resources, to fulfill the obligation imposed on it by law and to support businesses in the implementation of registration actions", added the First Deputy Minister.

At the end of the meeting, it was noted that the Ministry of Justice is also ready, within the scope of its competence, to communicate in the future with business representatives in the direction of registration on matters important to them.

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Minister of Justice Discusses Prospects for Deepening Cooperation Between Georgia and UNIDROIT with the Organization’s Secretary General

Minister of Justice of Georgia Paata Salia met with the Secretary General of the International Institute for the Unification of Private Law (UNIDROIT), Professor Ignacio Tirado, and Deputy Secretary General Professor Anna Veneziano, who are visiting Georgia.

During the meeting, the parties discussed opportunities to further strengthen cooperation between Georgia and UNIDROIT, as well as the significance of the organization's legal instruments. The Minister emphasized the growing importance of the unification of private law amid the expansion of international trade and cross-border commercial relations, both in Georgia and worldwide, highlighting the Ministry of Justice's role in advancing this process.

Professor Ignacio Tirado underlined the increasing strategic importance of the Middle Corridor and Georgia's pivotal role in promoting commercial and cross-border relations in the region, as well as in ensuring their modern legal regulation. He also spoke about the practical value of the international legal instruments developed by UNIDROIT and the benefits of membership in the organization.

The parties reaffirmed their commitment to further deepening cooperation between Georgia and UNIDROIT.

The International Institute for the Unification of Private Law (UNIDROIT) is an independent intergovernmental organization dedicated to modernizing and harmonizing private and commercial law through the development of international legal instruments. Its conventions, model laws, and principles promote international trade, investment, and cross-border economic relations while contributing to the creation of a predictable, modern, and effective legal framework. The organization currently comprises 65 member states from nearly every region of the world, reflecting its global reach and international significance.

The meeting was also attended by First Deputy Minister of Justice of Georgia Beka Dzamashvili and Nino Mindiashvili, Head of the Ministry of Justice's Department of Contract Expertise and Judicial Representation.