First Half of 2026: Results and New Initiatives

In 2026, the Association of Georgian Virtual Zone Persons entered its fourth year of operation. Over the past three years, it has grown from a small initiative into a well-established and respected organization representing the interests of Virtual Zone companies both nationally and internationally.

 

During this time, the Association has made a significant contribution to reducing and eliminating fines imposed on Virtual Zone companies. Through active engagement with government authorities and consistent advocacy for clear and uniform interpretation of legislation, these achievements have benefited not only Association members but the entire Virtual Zone sector.

 

At the same time, the Association has built strong partnerships with leading local and international organizations, organized educational webinars and industry events, and published analytical reports that help businesses make informed decisions. By 2025, the Association had established itself as a trusted professional platform where IT companies can access expert knowledge, practical guidance, and effective representation.

 

Membership in the Association is more than a formal affiliation. It provides companies with practical support, access to expert expertise, and the strength of a professional community working toward shared goals.

 

As the Association enters its fourth year, it continues to expand these efforts, and the first half of 2026 has already brought important achievements and new initiatives.

 

 

Regulatory Agenda

 

One of the Association’s key priorities at the beginning of 2026 was the implementation of Georgia’s new labour migration regulations, which came into force on 1 March.

 

To help businesses adapt to the new requirements, the Association issued an official statement, gathered feedback from companies, and, in partnership with Just Advisors, organized an online webinar explaining the new rules and their practical implications.

 

In May, following the end of the transitional period, the Association and Just Advisors hosted the webinar “New Labour Migration Rules: How to Operate Without Fines.” The event attracted strong interest from IT and Virtual Zone companies. Discussions focused on work permits, D1 visas, potential penalties, and the practical challenges businesses have faced since the new regulations took effect.

 

The extensive Q&A session confirmed that uncertainties remain regarding the practical application of the legislation. The Association continues to collect real business cases and feedback from companies in order to support ongoing dialogue with the relevant government authorities and contribute to more consistent and predictable implementation of the regulations.

 

 

Expert Support

 

In February, the Association organized a specialized cybersecurity webinar for business owners and executives. The objective was to provide practical, easy-to-understand guidance on regulatory requirements without unnecessary technical complexity. The discussion covered real business cases, compliance requirements, and practical approaches to managing cybersecurity risks.

 

The Association’s educational initiatives are designed to provide Virtual Zone companies with timely, reliable, and practical knowledge. This principle guides the planning of webinars, seminars, and other educational events that help businesses operate more effectively in an increasingly dynamic regulatory and business environment.

 

 

Analytics

 

In April, the Association published updated statistics on Georgia’s Virtual Zone sector. In June, it released a comprehensive comparative analysis of the Virtual Zone and International Company statuses based on official Revenue Service data covering the period from 2022 to 2025.

 

The purpose of the study was to provide businesses with reliable and objective information to support informed decision-making. The analysis examines the tax regimes, operational requirements, and economic characteristics of each status, enabling companies to evaluate which model best suits their business needs.

 

 

New Partnership

 

In May, the Association signed a strategic partnership agreement with FCHAIN, an international provider of financial, HR, and accounting services operating in more than 20 countries.

 

Through this partnership, Association members gain access to international expertise in areas such as Employer of Record (EOR), international accounting, and compliance services. The cooperation will help member companies manage international operations more efficiently while ensuring compliance with regulatory requirements.

 

 

International Cooperation

 

Throughout 2026, the Association has continued to strengthen its international engagement by participating in leading industry events, providing member companies with access to global expertise and best practices.

 

In March, Association representatives attended the EBA4Women Signature Forum. In May, the Association participated in the Women in Tech Global Conference 2026, a four-day international summit focused on artificial intelligence, leadership, career development, and international business growth. In June, the Association also took part in the Women in Business & AI Technologies Forum, where experts discussed practical applications and implementation of artificial intelligence in business operations.

 

Participation in international events is an integral part of the Association’s long-term strategy. By following global technology trends, engaging with industry leaders, and expanding its international network, the Association helps ensure that Virtual Zone companies remain informed, strengthen their competitiveness, and benefit from new opportunities for international growth.

 

 

Membership Development

 

At the beginning of 2026, the Association placed particular emphasis on strengthening engagement with its members. To support this effort, the team was expanded and a more proactive, structured approach to communication with Virtual Zone companies was introduced.

 

At the same time, the Association redesigned its website, refined its positioning, and introduced a new membership package. These initiatives are intended to simplify the membership process, make participation more accessible, and encourage broader involvement from Virtual Zone companies.

 

Strengthening the membership base remains an important part of the Association’s long-term strategy to build a strong professional community and create greater value for companies operating under the Virtual Zone status.

 

 

Looking Ahead

 

The Association’s fourth year represents more than another milestone. It demonstrates that the Association has become a stable and trusted organization dedicated to consistently representing the interests of Virtual Zone companies. The experience gained over the past years has created a solid foundation for future growth, while the results achieved have opened new opportunities for both the Association and the sector as a whole.

 

The Association will continue to represent the interests of Virtual Zone companies and work toward creating a favourable environment for their operations. This includes maintaining active dialogue with government authorities, expanding international partnerships, producing analytical research, and strengthening professional cooperation both within Georgia and across the international technology community.

 

Today, membership in the Association of Georgian Virtual Zone Persons is more than joining a professional organization. It is an opportunity to become part of the only association in Georgia dedicated exclusively to representing the interests of Virtual Zone companies, addressing the challenges they face, and advocating on issues related to their status. At a time when highly specialized industry associations remain uncommon in Georgia, this dedicated platform provides a unique advantage. Members benefit not only from professional support and expert knowledge but also from the opportunity to contribute to shaping decisions that directly influence the business environment for Virtual Zone companies.

 

If your company operates under the Virtual Zone status and is not yet a member of the Association, now is the ideal time to join a growing professional community committed to strengthening the sector, protecting the interests of its members, and supporting the continued development of Georgia’s technology industry.

 

 

The Association is always ready to support you.

 

info@viz.ge

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