Overview
Capital
TbilisiCurrency
Georgian Lari (GEL)Date Format
dd/mm/yyyyTaxes
Employer
Employee
Minimum Wage
General
There is no standard minimum wage. Minimum salaries are dependent on agreements with the employer.
Payroll
Payroll Cycle
The salaries are paid on monthly basis. Paydays are usually at the end of the month, unless agreed otherwise with the employer.
Working Hours
General
Full time employment is considered 40 hours weekly (48 in some specific sectors).
Overtime
Ovetime provisions must be included in workers contract.
Payroll Contributions
Social Security
No social security funding.
Pension Fund
Empltoers contribute 2%, Employees contribute 2%, as well as 2% contribution from the government.
Leave
Maternity Leave
Expecting mothers are entitled to 730 days leave for the birth of their child, with 183 of them paid.
Paternity Leave
No specific laws
Parental Leave
6 weeks of parental leave allowed.
Termination
Termination Process
Employer must pay the employee all the wages due upon termination in no more than 7 days. Pne months notice is expected, however 3 days notice is allowed with compensation of an additional months salary.
Notice Period
No advance notice needed.
Severance Pay
Employee is entitled to one month’s of regular wages as severance payment.
VAT
General
18% standard rate.
