News and Publications

Cashback on Investments in Georgia

Georgia fights back against the pandemic and introduces a state program for Foreign Direct Investment Grant. This program grants investors who qualify to receive cashback of up to GEL 1 million on their investments. Yesterday, the Government of Georgia approved a program that will be implemented through the reputable agency Enterprise Georgia which has a strong track

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MG Law is joining AEA ASSOCIATION OF EUROPEAN LAWYERS

We are glad to announce that MG Law is joining AEA ASSOCIATION OF EUROPEAN LAWYERS as the first Georgian law-firm, becoming a member the largest international network of lawyers. AEA has been functioning since 2004 and has 405 offices with a total of around 3.000 lawyers marked on their map. The main goal of the AEA is

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Luxembourg Crypto Regulations

Luxembourg has continuously been an attractive hub within the EU for its financial services activities. Today, Luxembourg is emerging as a hub for FinTech and RegTech. Its pragmatic approach to laws and regulations was already demonstrated in 2013-2014 when the country’s financial sector regulator took an early stance on the regulation of virtual currencies and authorized several

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New Tax Benefits for IT, Transportation and Logistics Companies in Georgia

The Tax Code of Georgia (the Tax Code) was amended in July 2019 to provide specific taxation benefits for international companies. Nevertheless, until today Georgian legislation did not prescribe the criteria for qualifying as an international company and enjoying benefits that the Tax Code exceptionally grants to them. On 8 October 2020, the Government of Georgia introduced

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Switzerland Enshrines its Crypto-friendly Policies into Law

*** Switzerland has been leading the efforts in the global adoption of tokenized digital assets and has recently amended its Code of Obligations to welcome crypto currencies and blockchain technology into mainstream adoption. While Switzerland is not the first country to enact extensive blockchain legislation it became one of the the first major financial centers with a

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MG Law office has successfully advised Georgian leasing company

MG Law Office has successfully advised Georgian Leasing Company, which  tracts a USD5 million investment from Symbiotics, a leading financing market  ccess platform. Georgian Leasing Company will use this facility to support Georgian small and medium-sized businesses as well as middle-income entrepreneurs by providing simple and fast financing sources. ✔ Georgian Leasing Company is the first company

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Bruno Balvanera joins MG Law

MG Law is delighted to announce that Bruno Balvanera will be joining the firm as Senior Advisor, effective immediately. Bruno comes with extensive experience with International Organizations and has particular interest in developing further his expertise in various fields like Fintech, Renewable Energy, Agriculture, Real Estate, Infrastructure and Sustainable Tourism with a focus on CIS, Eastern European

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Termination of Employment during Probationary Period

MG Law Office, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili, Tamar Jikia, associate Mariam Kalandadze, junior associate Ana Jikia and paralegal Lasha Machavariani is partnering with Georgia Today on a regular section of the paper which will provide updated information regarding significant legal changes and developments in Georgia.

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Government Adopts New Electricity Market Model Concept

MG Law Office, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili, Tamar Jikia, associate Mariam Kalandadze, Junior Associate Ana Jikia and Paralegal Lasha Machavariani is partnering with Georgia Today on a regular section of the paper which will provide updated information regarding significant legal changes and developments in Georgia.

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Legal 500 once again placed MG Law in Tier 1 firms

MG Law Office founders Nicola Mariani and Archil Giorgadze are delighted to announce that Legal 500 once again placed MG Law in Tier 1 firms for Commercial, Corporate and M&A and for Dispute Resolution in its 2020 Europe, Middle East and Africa edition with extended coverage for the Caucasus region. Legal 500 through its series of guides

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Labor Law & COVID-19 in Georgia: What You Need to Know

Today the world is facing a new challenge – to prevent the spread of the novel virus COVID -19 (the virus). The outbreak of the virus first occurred in Wuhan, China in 2019 and has spread worldwide since. On 11 March 2020, the World Health Organization declared the virus to be a pandemic. The first confirmed case

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COVID-19 in Georgia: The Legal Issues You Need to Know

MG Law Office, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili, Tamar Jikia, associate Mariam Kalandadze, Junior Associate Ana Jikia and Paralegal Lasha Machavariani is partnering with GEORGIA TODAY on a regular section of the paper which will provide updated information regarding significant legal changes and developments in Georgia.

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Distribution of Dividends

Investors purchase shares to obtain return on their investment. They expect to obtain profit on their investment in the form of regular dividends. In many cases for minority shareholders the dividends are the only form of return on specific business investments. Minority shareholders have limited control over the decisions of the corporate directors and the majority shareholders.

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THE UN COURT SAYS IT HAS JURISDICTION TO HEAR UKRAINE’S CLAIMS AGAINST RUSSIAN FEDERATION

MG Law Office, through the contribution of partners Archil Giorgadze and Nicola Mariani, joined by senior associates Ana Kochiashvili and Tamar Jikia and associates Mariam Kalandadze and Vakhtang Giorgadze and paralegal Lasha Machavariani is partnering with GEORGIA TODAY on a regular section of the paper which will provide updated information regarding significant legal changes and developments in

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Cooperation with Granville KM

MG Law Office is proud to announce that as a result of our successful cooperation with Granville KM, the most up-to-date information about merger control regulations in Georgia will be accessible by international competition lawyers among more than 100 jurisdictions covered by Granville KM database. Granville KM (granvillekm.com) is a knowledge management platform which reaches out worldwide

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Anatomy of Corporate Law: A Comparative and Functional Approach

Ana Kochiashvili, Senior Associate at MG Law Office, has worked on Georgian the translation of the “Anatomy of Corporate Law: A Comparative and Functional Approach” (3rd ed.). The Georgian translation from the original work has been arranged by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with Oxford University Press and has recently been published. The Anatomy of

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MG Law and Free University memorandum

We are pleased to announce that as part of its positive academic engagement MG Law Office has concluded a memorandum of understanding with the Free University of Tbilisi. Both being ranked as the leaders in the regional market our seamless cooperation aims to advance ample academic and career possibilities for emerging legal professionals. MG Law Office will

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MG Law Office started cooperation with Fair Trees Fund

As part of its pro bono initiative, MG Law Office is happy to announce the start of its cooperation with Fair Trees Fund, which is a fund dedicated to improving the living standards locally in Georgia. We at MG Law Office undertake our social responsibility to give back to the community in which we live and work

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MG Law Office continues to encourage and fund future lawyers

This time, another first-year student of Free University of Tbilisi Law School, Ana Tabatadze, was awarded the Sponsorship Certificate by MG Law lawyer Ana Kochiashvili. She was selected for her distinctive achievements in the Common National Entrance Exams. The tuition fee for her first academic year will be fully funded by MG Law Office.

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