Tax Publications

Barter transactions remain a practical way for businesses and individuals to exchange goods or services without relying solely on cash payments. While they may appear simple, barter deals in Georgia carry important tax implications. Under Georgian tax law, a barter transaction is treated as both a sale and a purchase for each party involved. This […]

In today’s globalized economy, multinational enterprises often operate across several jurisdictions, engaging in cross-border transactions within their corporate groups. While these arrangements are a natural part of international business, they also create the risk of shifting profits to low-tax jurisdictions. Recognizing these risks, Georgia has developed a comprehensive transfer pricing (TP) framework that closely follows

In October 2024, Georgia introduced a landmark change to its transfer pricing framework, one that significantly reshapes the way cross-border financing arrangements are evaluated. With the addition of Article 141 to Order №423 of the Ministry of Finance, the Revenue Service has been granted explicit authority to reclassify certain loans as equity contributions. This change

The rise of digital currencies has prompted many countries to update their tax systems. Georgia has become one of the more attractive jurisdictions for crypto investors and blockchain businesses, offering clear rules and several exemptions. The Georgian Tax Code, alongside ministerial rulings, establishes how income from crypto transactions is taxed and under what circumstances exemptions

Value Added Tax (VAT) plays a key role in Georgia’s tax system, and understanding the rules for registration is essential for businesses and entrepreneurs operating in the country. Businesses can register for VAT under the Tax Code of Georgia in two ways: mandatory registration, where the law requires registration once specific thresholds or conditions apply, and voluntary

Georgia’s business-friendly tax environment continues to attract international attention, particularly among companies involved in cross-border trade. One of the most compelling incentives available is the Special Trading Company (STC) status. It is designed to support re-export activities through full exemption from corporate income tax. For businesses engaged in warehousing and foreign goods resale, this preferential

“Georgia innovation tax incentives”Georgia has recently introduced a transformative legal and tax framework aimed at nurturing startups, supporting innovation, and encouraging high-value research and development (R&D) activities. These changes, made through amendments to the Tax Code of Georgia and the Law on Innovation, define new legal statuses. These statuses grant significant tax incentives for companies

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 tax on their annual turnover instead of the standard 20%. This has made Georgia a

Georgia continues to position itself as one of the most attractive jurisdictions in Eastern Europe for technology and service-based businesses. Among the country’s standout incentives is the International Company Status. It’s a preferential tax regime designed specifically for companies engaged in Information Technology and Maritime Services. This regime, introduced by amendments to the Georgian Tax

Georgia offers a business-friendly and investor-oriented tax regime, consistently recognized by the World Bank and other institutions for its simplicity and ease of compliance. Whether you are an international entrepreneur, a multinational group, or a domestic company, understanding Georgia’s core tax structure is vital for compliance and strategic planning. Digital Tax Administration in Georgia Every