Editing Economy of Georgia (country) (section)

===Licensing regulation===

Due to the reform of the system of licenses and permits, the number of licenses and permits was reduced by 90%. Currently, licenses and permits are only used in the production of highly risky goods and services; also usage of natural resources and specific activities. The procedures of issuing licenses and permits were significantly simplified, the “One-Stop Shop” and “Silence is Consent” principles were introduced which implies that if a person is not notified with argumentation rejection about the issuance of license in limited framework, the license is considered as issued from the relevant body.

The procedures for getting a construction permit was dramatically simplified, and it requires just 3 procedures. The time for getting the construction permits was sharply reduced. According to Doing Business 2012 (WB) Georgia is the best performer in the Eastern Europe and Central Asia (ECA) region and places on 4-th position in the world. The number of procedures and days, the cost (% of income per capita) is much lower, than in ECA region and OECD countries.

Things have changed after the new Law on Issuance of [[Licenses]] and permits was introduced in 2005. The approval process for building a warehouse in Georgia is now more efficient than in all EU countries except Denmark.