Georgia

Georgia sits between Europe and Asia, blending ancient culture with modern opportunities. The mild climate and stunning landscapes from mountains to coast make it an attractive year-round destination.

Many foreigners enjoy visa-free stays up to one year, with straightforward business setup and banking. Georgia's welcoming culture, low living costs, and vibrant cities like Tbilisi have made it a popular hub for entrepreneurs and digital nomads.

Georgia is one of the most entrepreneur-friendly countries in the region, offering low tax rates, minimal bureaucracy, and fast company formation. With a flat 20% personal income tax, 15% corporate tax on distributed profits, and several special regimes for small businesses and international companies, Georgia provides flexible options for individuals and corporations alike.

🧾 Key Tax Rates

• Personal Income Tax (PIT): Flat 20% on Georgian-source income

• Corporate Income Tax (CIT): 15% (only on distributed profits)

• Dividends, Interest, Royalties: 5% withholding tax

• VAT: 18% (registration required if turnover exceeds ₾100,000/year)

• Capital Gains & Rental Income: 5% tax in most cases

• Property Tax: Up to 1% annually

💼 Special Business Regimes

• Small Business Status: 1% PIT on turnover up to ₾500,000/year

• Micro Business: 0% PIT if turnover is below ₾30,000/year

• Virtual Zone (for IT companies): 0% CIT on exports, 5% on dividends

• International Company Status: 5% CIT and PIT, 0% on property and dividends

• Free Industrial Zones (FIZ): 0% on profit, VAT, and property taxes

📋 Registration & Filing

• Company Registration: Simple and fast (often within 1–2 business days)

• Online Filing: All tax returns can be submitted via rs.ge

• Tax Residency: 183+ days in Georgia within a 12-month period

• Filing Deadlines: Most returns and payments are due monthly by the 15th

🌍 International Outlook

• Georgia has over 50 double taxation treaties and is crypto-friendly.

• Foreigners can stay visa-free for up to one year (depending on nationality).

• The country is not blacklisted by the EU and offers banking services for foreigners.