Georgia has become one of the more attractive jurisdictions for crypto investors due to its favorable tax treatment of cryptocurrency transactions. Under Georgian tax rules, the tax treatment depends on the type of crypto-related activity and whether the income is considered Georgian-source income. Key Takeaways Gains
The National Bank of Georgia (NBG) has issued the rules for the Liquidation of Virtual Asset Service Providers (VASP), establishing a regulatory framework for the liquidation of virtual asset service providers in Georgia. The new legal framework governs entities that manage, exchange, store or
What is Georgia’s Small-Business Status, and why is it so attractive? Georgia offers one of the most attractive tax regimes in Europe through its Small-Business Status, available to qualifying individual entrepreneurs. Under this regime, eligible persons pay just 1% income
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