Republic of Georgia

Tbilisi_10A pretty picture of Tbilisi, Republic of Georgia, by “Matt Valentine”
http://www.mattvalentine.com/travel/
Some info about the Republic of Georgia:
Georgia has a very easy and friendly tax system:
VAT: 18%
PERSONAL INCOME TAX: 18% (TO BE REDUCED TO 15% NEXT YEAR)
CORPORATE PROFIT TAX: 15%
DIVIDENDS & INTEREST: 3% (TO BE ELIMINATED IN 2014)
* No payroll tax or social insurance tax
* Capital expenditure can be depreciated fully in the year it has been incurred of the operation, and 10-year loss carry forward is available
* No capital gains tax
* No wealth tax, inheritance tax or stamp duty
* Foreign-source income of individuals fully exempted
and this is all everyday rules, and does not include Free Trade Zones, and other development incentive programs.
It would seem that there is little gun control in the Republic of Georgia, and that firearms are easy to obtain. The citizens of this country are not considered a threat to the government (or the government cannot do anything about it).
Although a relatively free country that respects individual liberty and rights, Georgians don’t seem to like homosexuals, and they have no tolerance for Muslims the practice of which is banned in most places

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