Four Free Industrial Zones (FIZs) operate in Georgia in the following cities: Poti (sea port), Kutaisi (third largest city) and Tbilisi (capital city). Businesses registered in Free Industrial Zones benefit from certain tax exemptions:

• If a company produces goods for export in FIZ, it is exempt from all taxes except Personal Income Tax (20%), which is paid from employees’ salaries. 
• If a company imports products from FIZ to other territory of Georgia, in addition to Personal Income Tax, it has to pay VAT and 4% of revenue from national sales.

All Free Industrial Zones (FIZs) are operated by private companies and investor should rent a space from FIZ operator: 

1. Poti FIZ is operated by Rakia Georgia FIZ LLC 

2. Kutaisi FIZ #1 is operated by Georgia International Holding (LLC Fresh Georgia) 

3. Kutaisi FIZ #2 is operated by Hualing Group 

4. Tbilisi FIZ is operated by Tbilisi Free Zone JSC (subsidiary of BitFury Group)