0179, Tbilisi, Georgia
Monday to Saturday
1. Introduction In order to further improve the business environment in the country, to strengthen Georgia's potential as a regional hub, and to increase the interest of multinational international companies, the Government of Georgia allows companies to obtain Special Trading Company status and benefit from corporate profit tax. [...]
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1. Introduction Due to the growing interest in crypto assets and cryptocurrencies, the Georgian tax agency has issued a public decision regarding the taxation of crypto assets and delivery of computing speed (capacity) operations in Georgia. The public decision explains: A) VAT taxation of crypto assets and its[...]
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1. Introduction In order to attract foreign investment and boost economy chapter XII of the Tax Code of Georgia offers a special taxation regime for small business entrepreneurs, which imposes significant tax benefits. In general, according to Georgian lax legislation the income of a natural person is taxed[...]
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1. Introduction In order to further improve the business environment in the country, to strengthen Georgia's potential as a regional hub, and to increase the interest of multinational international companies, the Government of Georgia allows companies to obtain International Company status and benefit from tax breaks. The benefit[...]
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1. Introduction One of Georgia's goals is to become an information technology center in the region, and since 2011 the country has been attracting international investment and stimulating the IT business. Even from January 1, 2011 law on information technology zones came into force, changes were made to[...]
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1. Introduction One of the most privileged and popular status among other statuses provided by Georgian tax legislation is the Free Industrial Zone Company (hereinafter “FIZ Company” or ”FIZ Enterprise”). Entities with this status are exempt from almost any taxes and enjoy favorable customs framework. That’s why the temptation[...]
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