Beneficial Ownership Transparency in Georgia and Visegrad Countries
The right to property is a fundamentally important one, representing one of the cornerstones of any kind of economic relationship, attracting investments, and guaranteeing the further development of the economy in general. However, the right to property is not an absolute right. On the one hand, it is a bearer of broad public social responsibility, and on the other hand, the legal regime of property rights also equips the bearer of such a right with corresponding obligations. In particular, the latter must be governed by domestic as well as international law and fulfill its obligations to other economic entities, organizations, individuals, and the state.