A joint workshop of the IC Company Law Working Group and the AmCham Commercial and Tax Law Committee (CLTC) took place on May 15–16 in Borjomi, bringing together legal experts to address key aspects of corporate law reform, with a strong emphasis on harmonizing Georgian legislation with European Union standards.
The participants discussed comments and recommendations submitted by CLTC members on the draft amendments prepared by the IC Company Law Working Group. The meeting marked the conclusion of several months of cooperation between the two groups, aimed at ensuring that the proposed reforms reflect both legal precision and practical business needs.
The Findings of the Gender Impact Assessment (GIA) facilitated by the IC Secretariat has been presented to the participants of the joint workshop. The agenda further included topics such as the application of Joint Stock Company (JSC) rules to Limited Liability Companies (LLCs), disclosure obligations, trade name regulation, and the digitalization of shareholder decision-making. Participants reaffirmed the importance of aligning the Entrepreneurs Law with the EU acquis to enhance transparency, strengthen corporate governance, and support Georgia’s broader EU integration efforts.
