Double Taxation Treaty (DTT) signed by and between the Governments of Lichtenstein and Georgia has been enforced.

It is aimed at facilitating the intensified economic cooperation between the countries and attraction of foreign direct investments (FDI).

Text of the DTT is based on the role model of the Organization of Economic Cooperation and Development (OECD) and defines the principles of taxation in the signatory countries.

Also, DTT is designed to prevent the tax avoidance and evasion by adhering to the international standards on the exchange of information for tax purposes.

Currently DTTs have been signed by Georgia with 54 countries.