Georgia

What is the corporate tax in Georgia?

The corporate income tax rate for a business in Georgia is 15%.

What is the value added tax (VAT) applicable in Georgia?

In Georgia, the standard VAT rate is 18%, except for services of tour operators, exports, electrical power, international shipping activities or transfers of gold to the National Bank of Georgia, which don’t attract VAT.

What is the minimum paid-up capital requirement for starting a limited liability company in Georgia?

There is no minimum paid-up capital requirement for setting up an LLC in Georgia. Moreover, an LLC in Georgia can be registered with only 1 director and 1 shareholder, both not necessarily local residents.

What is the corporate tax rate in Georgia?

The corporate tax rate in Georgia is 15%.

What is the personal tax rate in Georgia?

The personal tax rate in Georgia is 20%.

What is the import tax rate in Georgia?

The import tax rate in Georgia ranges between 0-12%.

What are the areas of investment in Georgia?

The growing areas of investment in Georgia include Energy, Hospitality and Real Estate, Manufacturing, Regional Logistic Hub, Agriculture & Food Processing, and Business Process Outsourcing.

What is Damatebuli Ghirebulebis Gadasakhad?

Georgia’s Value Added Tax is locally known as Damatebuli Ghirebulebis Gadasakhad.

What is DTA?

DTA refers to Double Taxation Agreement. It is a tax treaty that is signed between two or more countries to avoid double taxation from the source and residence country.

What is Lari?

The local currency of Georgia is known as Lari (GEL).

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