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Eligible Maritime Activities for International Company Status in Georgia

 

  • commercial and maintenance services by a shipowner and / or those related to shipownership, including:
  • ship rental with or without a crew (bareboat charter)
  • route planning and / or analysis;
  • giving route instructions to a ship's captain as agreed with the charterer of vessels;
  • the counting of stallia, disbursement report analysis and management;
  • managing disputes over cargo-related claims, commercial and legal issues, and written chartering agreements;
  • organising new shipbuilding orders and / or the service of buying and selling used ships;
  • supervising the physical condition of a ship and / or supplying a ship with relevant technical parts and / or food products;
  • coordinating shipbuilding, ship docking and repair activities, and conducting inspections in accordance with the requirements of industry regulators;
  •  ensuring compliance with the ISM Code, an international standard for the safe management and operation of ships and for pollution prevention, with the requirements of state control over flags and ports, and with the rules of a classification association.

 

Note: the activities provided for by sub-paragraphs (a) to (n) of this Annex shall mean services rendered on the basis of a service contract.

 

These activities allow maritime companies to benefit from significant tax advantages under the International Company Status in Georgia.