Examples of successful companies operating in the virtual zone of Georgia

Although specific names of companies with virtual zone status are often not disclosed, there are examples illustrating the success of this program. For example, a startup from Norway, founded in Tbilisi in 2020, specializes in the development of mobile applications and games for iOS and Android. The company received not only tax benefits, but also access to qualified Georgian developers and designers.

Another example is a web development and software development company from the United Arab Emirates. Their development team in Tbilisi is working on client solutions, as well as on creating trading platforms for AI trading.

A Swiss technology startup specializing in IT solutions for cloud and hosted enterprise customers also chose Georgia, comparing it to the technology-oriented free economic zone in Dubai. The deciding factors were the company’s lower management costs and access to talented developers in Georgia.

Lineate, an international software development consultancy headquartered in New York, also joined the virtual zone program, investing heavily and creating jobs in Tbilisi. Georgian companies, such as online payment platform Payze and application development company Sweeft Digital, are also demonstrating successful international growth by taking advantage of the virtual zone. These examples show that Georgia's virtual zone is attracting both international and local IT companies, facilitating their development and entry into the global market.