Publications

Georgia is known for its attractive tax system and simple business regulations, which make it an increasingly popular jurisdiction for entrepreneurs. One of the most efficient ways for individuals to operate a business here is through the Individual Entrepreneur (IE) model, with the possibility of applying for Small Business Status (SBS). This combination offers both simplicity in setup and significant tax advantages. Individual Entrepreneur (IE) in Georgia - The Simplest Bus

Running a company in Georgia offers many opportunities, but it also comes with responsibilities. One of the most important obligations for businesses is SARAS reporting, and the next deadline is approaching fast. So, what is SARAS reporting, who needs to comply, and why is the 1 October deadline so important? Let’s break it down. What is SARAS, and Why Does it Matter? SARAS (Service for Accounting, Reporting and Auditing Supervision) is the Georgian government body that monit

How IBCCS TAX Georgia helps businesses transition to the new EU Customs Transit System Starting from December 2024, all EU Member States...