Tax Publications

“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

Value-added tax (VAT) is one of the most essential taxes in Georgia. In 2024, VAT corresponded to 37% of the tax revenues of the Georgian budget. VAT plays a major role in Georgia’s fiscal policy and has strong potential to influence economic activity. This could be the reason why the VAT rate has remained unchanged

In July 2019, the Georgian government amended the Tax Code to provide specific tax benefits in Georgia for international companies. On 8 October 2020, the Government of Georgia introduced Ordinance N 619 (the Ordinance) that sets out the procedure to obtain the status of an international company, determines permitted activities that the international company can

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.