Georgia overview
Basic Facts
- 7th on the World Bank's list Ease of Doing Business 2020
- Capital city is Tbilisi
- Georgian Lari (GEL) currency
- Legal system based on civil law
- Attractive tax system
- Double taxation agreements with more than 50 countries
- Business friendly environment
- Modern banking system
- Good quality of life
- Georgian and English speaking
Reasons for doing business in Georgia
TOP 3
01
Flat rate corporate income tax (CIT) of 15%02
Territorial Taxation for individuals-
Tax is imposed on their Georgian-sourced income only
03
Crypto friendly BanksMore advantages
- Estonian model of CIT where the profits are not taxable until distributed
- Several free industrial zones (FIZ) with 0% taxation on corporate income and minimal VAT
- Sophisticated finance company regime suitable also for cryptocurrencies
- Minimal tax on real estates (1%)
- No tax on profits from disposal of securities
- No controlled foreign corporation (CFC) rules
- No inheritance or gift tax
Company formation in Georgia
Are you interested in doing business in Georgia?
Do you need a reliable lawyer or an accountant in Georgia?
Are you interested to become a resident of Georgia?
Do you look for a crypto friendly bank for your bank account?
You do not know yet what do you actually need?
Well, contact us at any time, we are ready to help you to find the right answers and workable solution for your specific needs.
Contact Us
All inquiries are strictly confidential. Required fields are marked *
