Special Report: Legislation
April 4, 2018
TAX & LAW BRIEF
PwC Georgia
DRAFT LAW OF GEORGIA ON ACCUMULATION OF PENSIONS The draft law on Accumulation of Pensions has been initiated to the Parliament of Georgia and is pending 1st hearing. - According to the draft law, if the annual gross salary of an employee does not exceed GEL 60 000, the employee and employer shall separately deposit 2% of the gross salary to the individual pension account of the pension scheme participant.
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PwC is one of the world’s largest providers of assurance, tax, and business consulting services. PwC has been serving clients in Georgia since 1996, and in July 2005, opened an office in Tbilisi, which now employs over 60 professionals. We have built up our position as supplier of professional services operating with integrity in accordance with the highest ethical standards and, as a result, we now play an important role in developing the business community in Georgia.
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