(a) the Georgian tax payable under the laws of Georgia and in accordance with this. The company can write off a loan given to the director.Details of the directors are available to the public. Secretary – Georgian companies may appoint a secretary, but it is not mandatory. The Summary Approval Procedure is covered in Chapter 7 of Part 4 of the Companies Act 2014. The following Employment Tax guidance note provides comprehensive and up to date tax information on Director's loan account. Learn more about federal grant and loan programs intended to benefit Georgia small business owners, including the SBA's Early Stage Innovation Fund. The general rule of the Act as laid out in Section.