Overview
Capital Tbilisi
Currency Georgian Lari (GEL)
Date Format dmy
Public holidays calendar
Taxes
Employer
Employee
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.
Advance Notice No advance notice needed.
Severance Pay Employee is entitled to one month’s of regular wages as severance payment.
Mandatory Benefits
Pension Fund Empltoers contribute 2%, Employees contribute 2%, as well as 2% contribution from the government.
Social Security No social security funding.
Minimum Wage
General There is no standard minimum wage. Minimum salaries are dependent on agreements with the employer.
Paid Time Off
Vacation days Employee is entitled to 24 paid vacation days and 15 more unpaid vacation days.
Sick days Employee is entitled to 60 sick days per 6 months or 40 days in a row.
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.
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.
VAT
General 18% standard rate.
Payment
General 1 The salaries are paid on monthly basis. Paydays are usually at the end of the month, unless agreed otherwise with the employer.
