Tax Publications

In a calculated effort to draw foreign investment and strengthen its position in the international gambling industry, Georgia has revised its tax laws, introducing a favorable Georgia online gambling tax for foreign operators. The updated regulations, which came into force on December 1, 2024, significantly ease the tax load for platforms focusing on international users. […]

Value added tax (VAT) is one of the most essential taxes in Georgia. In 2019, VAT corresponded to 44% of the tax revenues of the Georgian budget. It may be concluded that VAT is one of the strongest instruments of the Georgian fiscal policy and has a significant potential of impacting an economic activity. This

The Tax Code of Georgia (the Tax Code) was amended in July 2019 to provide specific taxation benefits for international companies. Nevertheless, until today Georgian legislation did not prescribe the criteria for qualifying as an international company and enjoying benefits that the Tax Code exceptionally grants to them. On 8 October 2020, the Government of Georgia