Publications

Georgia operates a distributed-profit corporate tax model. This means Georgia taxes company profit when it is distributed, not when it is simply earned. However, this system only works if your business establishes real, genuine economic activity in the country. Key Takeaways: Georgia generally applies a 15% corporate tax only when profits are distributed; The country offers a highly cost-efficient environment for IT, back-office, and support operations; Special tax regimes ex

Understanding tax in Georgia is straightforward: the system features a modern distributed corporate profit tax model (Estonian model), a 1% Small Business status for entrepreneurs, a zero-rated B2B VAT regime on exported services and a territorial tax principle for foreign-sourced income, making it one of Europe’s most investor-friendly destinations. Why Investors Choose the Georgian Tax System Georgia’s streamlined tax architecture has positioned it as a premier hub for inte

For international businesses operating in Georgia, professional accounting services georgia deliver continuous tax compliance, bilingual financial reporting, and strict alignment with local Revenue Service (RS.GE) regulations. Outsourcing these tasks ensures foreign-owned entities navigate Estonian-model corporate taxation, local payroll withholding, and applicable financial reporting standards. Why Foreign Companies Need Expert Accounting Services Georgia Georgia’s pro-busin

According to Levan Dgebuadze, Head of the Methodology Department of the Revenue Service, starting from October 1, 2026, confirming VAT invoices will become mandatory for taxpayers. The change means that taxpayers will be required to take appropriate action regarding VAT invoices received for confirmation through the electronic portal - either confirming or rejecting the invoice. What does the new rule provide? If a taxpayer has a VAT invoice pending confirmation and fails to

Managing accounting for startups in Georgia requires understanding local tax regimes like the Small Business Status or Virtual Zone, maintaining rigorous bookkeeping, and complying with local tax laws. To optimize taxes and remain compliant from day one, outsourcing to professional accounting services is the most efficient solution for international founders. Georgia has rapidly earned a reputation as one of the most entrepreneur-friendly jurisdictions in Europe. With its low

Registering a startup in Georgia in 2026 involves choosing a unique name, obtaining a local legal address, preparing bilingual incorporation documents, and submitting them to the Public Service Hall. This straightforward process takes only 1 or 2 business days and can be completed fully remotely. Why to launch a Startup in Georgia? Georgia has established itself as one of the world's most attractive business hubs, consistently ranking high for ease of doing business. Foreign

On 9 July 2026, important legislative amendments entered into force, introducing changes to the regulation of labour activities carried out by foreign nationals in Georgia. Below, we provide a detailed overview of the key updates: 1. Introduction of the Concept of “Short-Term Professional Activity” Duration and limitation:The period of short-term professional activity may not exceed a total of 4 months within a calendar year and must not exceed the period of stay of the lab

Based on the Order of the Government of Georgia on Approving the Rules for Granting the Right to Labor Activity General Provisions Q1: Who is considered a labor immigrant under Georgian legislation? A labor immigrant is a foreign national or stateless person who comes to Georgia for the purpose of carrying out paid employment activity on the basis of a labor contract with an employer. Q2: Who is a self-employed foreigner? A self-employed foreigner is a foreign national who ca

According to the amendments, the right to engage in labor activity is granted to: 1) A foreign national who does not hold a permanent residence permit in Georgia and whose purpose is to be employed by a local employer and carry out remunerated labor activity in Georgia or remotely; in the case of a labor immigrant, it is issued for a specific employer and a specific job position. A labor immigrant obtains the right to engage in labor activity through a local employer, for a s

DataFest Tbilisi 2025 once again proved why it stands among the region’s leading events dedicated to data, AI, and digital innovation. As an official partner, IBCCS TAX Georgia spent three days engaging with startup founders, engineers, analysts, and business leaders - all contributing to the fast-growing tech ecosystem in Georgia. For our team, the event was an opportunity to exchange ideas, follow emerging trends, and understand the needs of companies that increasingly view

Starting March 1, 2026, Georgia will introduce major changes to its labour migration rules. The centerpiece of this reform is the Special Labour Activity Permit, which will be mandatory for most foreigners who want to work, freelance, or run a business in Georgia. These updates aim to increase transparency, protect the local labour market, and provide clear rules for both foreign professionals and Georgian employers. These reforms are based on the legislative amendments packa

Going Global Live 2025 in London once again brought together entrepreneurs, advisors, investors, and global business leaders searching for new markets and fresh opportunities for international expansion. This year, IBCCS TAX Georgia had the pleasure of joining the event - and of presenting Georgia as one of the world’s most promising jurisdictions for taxation , corporate structuring , and cross-border business growth. Georgia’s Growing Role in International Business and Tax

Owning property in Georgia can be an attractive investment, both for local residents and for those living abroad. The process of purchasing and registering real estate is generally straightforward, but understanding the country’s property tax rules is important as well. Property tax is one of the key annual obligations that property owners must comply with to avoid penalties and protect their assets. Whether you are a Georgian resident or a non-resident, knowing your responsi

Georgia has taken a big step to attract international tech talent. As of September 1, 2025, a new type of temporary residence permit became available specifically for IT specialists and their families. This move aims to make Georgia more competitive in the global tech market and easier for skilled professionals to live and work in the country Who is Eligible for Georgia’s Special IT Residence Permit? The Special Residence Permit is open to: IT employees working under a local

In recent years, many people have asked: Is it safe to buy property in Georgia? This country has become an increasingly attractive destination for real estate buyers. With relatively low prices, no restrictions for foreign ownership (except agricultural land), simple registration procedures, and favorable tax conditions, it is easy to see the appeal. From seaside apartments in Batumi to modern flats in Tbilisi and charming countryside homes, the Georgian market offers a wide

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...

Helping micro, small, and medium businesses across Georgia access high-quality, subsidised accounting and tax consulting services. Micro, small, and medium-sized enterprises play a vital role in Georgia’s economy, representing the majority of active businesses and providing thousands of jobs across the country. Yet many of these businesses face challenges in navigating complex tax regulations and establishing solid financial systems. Recognising this, Enterprise Georgia and i

Global Tech Weekend Tbilisi 2025: Innovation and Business Growth in Georgia Global Tech Weekend Tbilisi (GTWT) is an annual event that...