Publications

Unlike many jurisdictions, Georgia does not impose a stand-alone capital gains tax. Instead, gains from the sale of assets are treated as ordinary income and taxed under either the Corporate Income Tax (CIT) or the Personal Income Tax (PIT) regime, depending on whether the taxpayer is a company or an individual. Yet, beneath this seemingly straightforward approach, Georgia’s tax code provides a series of

Georgia has established itself as one of the most business-friendly jurisdictions in the region, offering a straightforward tax system, competitive tax rates, and a transparent regulatory environment. The Tax Code of Georgia governs all key tax obligations, covering corporate income tax, personal income tax, value-added tax, property tax, withholding tax, and other levies that apply

Pursuant to the amendment introduced by Order No. 52 of the Minister of Finance of Georgia dated February 24, 2026, to Order No. 996 of December 31, 2010 of the Minister of Finance of Georgia “On Tax Administration,” the annual Corporate Income Tax return form and the monthly Corporate Income Tax return form (only for

The Tax Code of Georgia places significant importance on determining a person’s tax residency. In Georgia, persons are generally taxed based on their residency rather than their citizenship. Different rules apply to individuals and legal entities for determining residency status. These rules are designed to identify where a person carries out most of their economic

The taxation of gambling operators in Georgia is regulated by specific provisions of the Georgian Tax Code and related legislation governing lotteries, gambling, and prize games. Unlike ordinary business activities, gambling operations are subject to special tax rules, including unique methods for determining the taxable base and differentiated tax rates depending on the type of

The Georgian VAT system is largely harmonised with the principles established under the EU VAT Directive, ensuring alignment with international best practices and reinforcing the transparency of the Georgian tax framework. Value Added Tax (VAT) in Georgia is a consumption-based tax, meaning that taxation is linked to the place where goods or services are consumed