Georgia
Georgia: 5 company types, its taxes, banking and business environment.
Forming a company
Company types in Georgia
The 5 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Georgia. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Georgia.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Georgia: where to register, file and check.
Blocs and agreements
The trade arrangements Georgia belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- EU Deep and Comprehensive Free Trade Areas (Ukraine; Moldova; Georgia)
- Free trade area · since 1 September 2014
Covers goods, services, establishment, capital, investment, public procurement.
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It formally entered into force on 1 September 2017 following ratification by all EU Member States. The DCFTA has provisionally applied since 1 January 2016.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 15%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Georgia, and when it must register, as the tax authority states it.
- Standard rate
- 18%
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The VAT rate shall be 18%.
- Registration threshold
- GEL 100,000
VAT taxable transactions of supplying goods/providing services; any 12 consecutive calendar months
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from the day when he/she exceeds the total amount of GEL 100 000 for VAT taxable transactions of supplying goods/providing services carried out during any 12 consecutive calendar months
- Voluntary registration
- Yes
A person may register voluntarily as a VAT taxpayer, and is then treated as a VAT taxpayer from the day of applying, but not later than the period allowed for compulsory registration.
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A person may voluntarily get registered as a VAT taxpayer.
- A foreign company
- The same threshold applies
The GEL 100,000 threshold is set for a taxable person generally; a taxable person with a fixed establishment in Georgia instead registers from the first supply. A service supplied in Georgia by a person not established there is subject to reverse charge, so the Georgian recipient accounts for the VAT.
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Irrespective of the requirements of paragraphs 1 and 2 of this article, the obligation of a taxable person, who has a fixed establishment in Georgia, to calculate and pay the VAT shall arise from the moment of providing services/supplying goods
- Returns filed
- Monthly
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The VAT accounting period shall be a calendar month.
- Tax authority
- Registration page read 2026-10-22
Tax calendar
When the main returns and payments fall due in Georgia, tax year 2026, as the tax authority states it.
- Corporate tax return
- 1 April · each year
An income tax/profit tax return is filed with the tax authority by 1 April of the year following the reporting year. Enterprises subject to the Estonian-model profit tax (Article 97(1-3), 9-1 and 9-3) are excluded from this annual return and instead file a profit tax return monthly, not later than the 15th of the month following the accounting month.
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An income tax/profit tax return shall be filed with a tax authority by 1 April of a year following the reporting year by:
- Corporate tax, final payment
- 1 April · each year
For enterprises on the annual return, the tax is declared and settled on that return by 1 April. For enterprises subject to the Estonian-model profit tax, the tax is paid on distribution, with the monthly profit tax return due by the 15th of the following month.
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An income tax/profit tax return shall be filed with a tax authority by 1 April of a year following the reporting year by:
- Corporate tax, instalments
- Set each year by decree · each quarter
Current tax payments are made in four equal instalments of 25%, not later than 15 May, 15 July, 15 September and 15 December, based on the previous tax year's liability. In the Code: 'shall make current tax payments to the budget according to the annual tax payment of a previous tax year in the following amount: a) not later than 15 May - 25%; b) not later than 15 July - 25%; c) not later than 15 September - 25%; d) not later than 15 December - 25%.'
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not later than 15 May – 25%; b) not later than 15 July – 25%; c) not later than 15 September – 25%; d) not later than 15 December – 25%.
- Personal income-tax return
- 1 April · each year
An income tax return is filed by resident natural persons whose income is not taxed at a Georgian source by 1 April of the year following the reporting year.
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An income tax/profit tax return shall be filed with a tax authority by 1 April of a year following the reporting year by:
- Personal income tax, final payment
- 1 April · each year
The income tax is declared and settled on the annual return filed by 1 April of the year following the reporting year.
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An income tax/profit tax return shall be filed with a tax authority by 1 April of a year following the reporting year by:
- Personal income tax, instalments
- Set each year by decree · each quarter
An entrepreneur natural person makes current tax payments in four equal instalments of 25%, not later than 15 May, 15 July, 15 September and 15 December, based on the previous tax year's liability.
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not later than 15 May – 25%; b) not later than 15 July – 25%; c) not later than 15 September – 25%; d) not later than 15 December – 25%.
- VAT return
- Day 15 of the following month · each month
The VAT declaration is submitted and the tax paid not later than the 15th day of the month following the accounting period.
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A taxable person registered as a VAT taxpayer shall submit to a tax authority a VAT declaration not later than the 15 th day of the month following the accounting period and shall pay the tax within the same period.
- Payroll withholding
- Day 15 of the following month · each month
An enterprise, organisation or entrepreneur natural person files a return on remuneration paid and taxes withheld during the accounting month, not later than the 15th of the following month; Article 154 requires the withheld tax to be remitted to the tax authority by the same deadline.
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An entrepreneur natural person, an enterprise and an organisation shall, not later than the 15 th day of a month following the accounting month, file a tax return to a tax authority on the amounts paid as remuneration, and taxes withheld during the accounting month.
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Georgia yet.
Economy and trade
What it exports
Goods Georgia exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Georgia’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Ferro-alloys HS 7202 | 9.2% | 4.2% | 11.3% | US$332 m |
| Mineral or chemical fertilisers, nitrogenous HS 3102 | 17.4% | 10.3% | 6.2% | US$183 m |
| T-shirts, singlets and other vests, knitted or crocheted HS 6109 | 4.0% | 5.5% | 5.8% | US$170 m |
| Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale HS 3004 | 0.21% | 3.4% | 5.6% | US$166 m |
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | 3.0% | 2.8% | 5.3% | US$156 m |
| Electrical energy HS 2716 | 9.9% | 15.6% | 4.8% | US$142 m |
| Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form HS 7108 | 2.0% | 3.0% | 3.5% | US$105 m |
| Other nuts, fresh or dried, whether or not shelled or peeled HS 0802 | 2.3% | 2.7% | 3.0% | US$88 m |
| Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured; ice and snow HS 2201 | 1.0% | 2.3% | 3.0% | US$88 m |
| Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages HS 2208 | 0.70% | 2.6% | 2.9% | US$87 m |
Total goods exports, 2024: US$3 bn. The ten largest headings are shown.