Georgia

Last update: 2026-05-30
GE GEL Georgian
Pros
Low tax burden: Flat income tax and zero tax on reinvested corporate profits.
Minimal bureaucracy: Rapid business registration and high rankings for ease of doing business.
Economic freedom: Liberal trade policies and minimal state interference in private market operations.
Cons
Geopolitical instability: Ongoing territorial disputes and risks associated with regional political tensions.
Judicial system concerns: Potential for political influence and inconsistent enforcement of the rule of law.
Infrastructure limitations: Developing transport networks and reliance on external energy sources.
Personal income
20%
flat
Corporate
0%
flat
Capital gains
5%
flat
VAT (standard)
18%
standard rate
i 7.9 DIVIDEND PIPELINE
i 7.2 HOLDING
i 5.7 VERY LOW TAX
i 3.6 PRIVACY GRADE
i 2 CRYPTO HAVEN
i 2 EASY CITIZENSHIP
VERYLOW TAX 5.7/10 HOLDING 7.2/10 DIVIDENDPIPELINE 7.9/10 CRYPTOHAVEN 2/10 PRIVACYGRADE 3.6/10 EASYCITIZENSHIP 2/10
01/08

Will Georgia tax what you earn?

income tax tax residency territorial system

YES, FAIRLY. Georgia taxes personal income at a moderate 20%, but only on income with a local source. The territorial regime is the leverage point: what you earn abroad while resident here stays outside the catchment.

Personal income taxi
20%
flat rate
Income simulatori
Income
Tax due
Effective rate
all-in
Marginal rate
+2%
Mandatory pension contribution for employees
+4%
Mandatory pension contribution for self-employed individuals
Tax residence testi
183days
183-day rule
Economic interest
Family centre
Habitual abode
Extended-stay test
Just one rule above is enough to make you tax-resident here.
02/08

Will Georgia tax what you own?

capital gains wealth tax inheritance dividends interest

YES, BUT LIGHTLY. Georgia taxes capital gains lightly (5% at the top), with no annual wealth charge and no inheritance regime. A held portfolio compounds with minimal friction; the state only shows up at disposal.

Capital gainsi
5%
flat
Dividend taxi
20%
flat
Interest incomei
20%
flat
Wealth taxi
NONE
no annual wealth tax · no real-estate wealth tax · no net-worth assessment
Crypto · tax regimei
Regime
ZERO TAX
Rate
0%
Under Public Ruling No. 201 (2019) of the Ministry of Finance, individuals are exempt from income tax on gains from the sale or exchange of crypto-assets. This is based on the interpretation that crypto-assets are virtual and their supply constitutes non-Georgian source income, which is exempt for individuals under Georgia's territorial tax system. VAT is also not applicable. Professional or entrepreneurial trading is subject to standard personal income tax at 20%.
Crypto-to-cryptoi
NEUTRAL
a swap is not a taxable realisation event
FATF travel rulei
NOT SIGNED
no information-sharing obligation on VASP transfers
Inheritance systemi
NONE
no estate tax · no heir-based duties · no succession tax framework. Wealth transfers across heir-classes are not taxed in this jurisdiction. Only standard probate / registration fees may apply.
03/08

Is it easy to run a company in Georgia?

corporate tax criminal liability public registry VAT IP box

YES. Georgia has no corporate income tax and no criminal liability for misuse of corporate assets: fiscally and legally weightless. The catch: corporate registries are public, so your name as shareholder shows up in a search portal. The state doesn't tax you and doesn't prosecute you; it just exposes you.

Corporate taxi
0%
flat · +15% on distributed profits
IP Box · Patent Boxi
NONE
no IP regime · IP income taxed under standard corporate rules
Misuse of corporate assetsi
NO CRIMINAL LIABILITY
Civil Matter / Breach of Fiduciary Duty
In Georgia, the Criminal Code (Articles 182 and 220) requires 'substantial damage' to the organization's interests or the property of 'another' to trigger criminal liability. In a solvent company where the sole director is also the sole shareholder, the owner's consent is generally interpreted as aligning the company's interests with their own, thereby negating the 'detriment' or 'unlawful' elements required for a criminal conviction. Such actions are primarily addressed as tax violations (e.g., Article 218 for tax evasion) or civil breaches of fiduciary duties under the Law of Georgia on Entrepreneurs (2021).
Shareholders privacyi
PUBLIC
National Agency of Public Registry (NAPR) - Business Registry
Directors privacyi
PUBLIC
National Agency of Public Registry (NAPR) - Business Registry
Incorporation costi
Limited Liability Company (LLC)
შეზღუდული პასუხისმგებლობის საზოგადოება
State Registration Fee (Standard & English Extract) USD 47
Professional Incorporation & Legal Service USD 565
Document Translation and Notarization USD 56
Total USD 669
VAT standard ratei
18%
single rate · no reduced tiers
18%
Food & drink
18%
food
18%
non-alcoholic
18%
alcohol
Print media
18%
books
18%
ebooks
18%
newspapers
Culture
18%
cultural events
18%
cinema
18%
theatre
18%
museums
18%
sports
Transport
18%
public transit
18%
rail
18%
air
Hospitality
18%
hotels
18%
restaurants
18%
takeaway
Health
18%
pharma
18%
medical dev.
Energy
18%
electricity
18%
natural gas
18%
district heat.
18%
domestic fuel
Utilities
18%
water
18%
waste
Clothing
18%
kids clothing
Digital & telecom
18%
digital
18%
telecom
18%
broadcast
Construction
18%
construction
18%
social housing
Agriculture
18%
farm inputs
18%
animal feed
Personal services
18%
funeral
18%
hairdressing
04/08

Is Georgia good for your holding company?

treaty network participation exemption withholding

YES. Georgia offers a moderate treaty network (35 signed) paired with a full participation exemption (100% on qualifying dividends and gains). A respectable holding jurisdiction. Not in the NL/LU/SG elite tier on treaty count, but the through-flow is clean.

Territorial systemi
Individuals
TERRITORIAL
Corporates
WORLDWIDE
Individuals: territorial — foreign-source income generally untaxed. Corporates: worldwide.
Participation exemptioni
100%
no minimum threshold · no holding period
CFC rulesi
NONE
no controlled foreign corporation regime · foreign-source corporate income out of scope
WHT · dividendsi
5%
non-resident outbound
WHT · interest
5%
non-resident outbound
WHT · royalties
5%
non-resident outbound
Tax-haven WHT
15%
penalty rate · blacklisted destinations
Treaties signedi
35
active
Treaties pending
in negotiation
Tax treaty networki
origin · GE 0% > 0% no treaty
Inspect a country
Hover any country on the map to read its withholding-tax treaty with GE.
Country Status Dividends Interest Royalties
// no treaties match
05/08

What does it cost to come and go from Georgia?

exit tax territorial system dual citizenship

LITTLE. Coming and going from Georgia is cheap. The country runs a territorial system (foreign income stays foreign), and there's no exit tax on departure. You leave with what you came in with, plus whatever you earned abroad while you were here.

Exit taxi
NONE
no triggers active · residence change tax-free · no deemed-disposal mechanism
Dual citizenship
FORBIDDEN
naturalisation requires renouncing existing citizenship
Citizenship paths
Residence
Marriage
Birth
Descent
Investment
06/08

Will Georgia protect your privacy?

info exchange corporate registries

NOT AT ALL. Georgia has signed every exchange framework that matters and operates a public corporate registry. Whatever you do here (earn, hold, structure) is reportable, accessible, or both. Privacy is not the strategy in this jurisdiction.

Multilateral reporting frameworks 4/10 active · 3 pending
CRS
2024
CARF
FATCA
2014
MLI
2019
BEPS
MAAC
2011
GLOBAL FORUM
EOIR
CRYPTO-CARF
CRYPTO TRAVEL RULE
07/08

Is Georgia itself a liability?

blacklists FATF standing

NO. Georgia carries no entries on any major blacklist, though it sits outside FATF membership. Counterparties may apply light extra due diligence, but no formal stigma attaches to dealing with it.

Blacklist exposure Clear everywhere
FATF
grey / black list
EU
non-cooperative list
FRANCE
ETNC list
SPAIN
tax-haven list
PORTUGAL
favourable regimes
BRAZIL
low-tax list
08/08

Will you feel free in Georgia?

press freedom crypto CBDC EU

NO. Press freedom in Georgia is restricted (RSF rank #114). Civic space and independent media operate under pressure or not at all, a constraint that typically extends to financial expression as well, even where crypto isn't formally banned.

Press freedom · RSF indexi
114/180
score 50 · ↓ 11 ranks year-on-year
Central bank digital currencyi
Program Status Cross-border Sources
Digital Lari
The introduction of a digital Lari has the capability to produce a considerable impact on current monetary policy and payment systems, while also spurring the growth of financial technologies and innovative financial products and services. Nevertheless, it is crucial to take into account the potential hazards linked with the launch of a digital currency. In order to mitigate these risks, NBG intends to commence a restricted-access live pilot of the Digital Lari.
National Bank of Georgia
PROOF OF CONCEPT
SEE ALSO

Other jurisdictions worth comparing

Picked by similarity of strategic profile to Georgia. No editorial ranking — neighbours in the same scoring space.

PROFILE-ADJACENT Same shape, comparable overall friction.
NOTABLY MORE FAVORABLE Same family of strategies, higher total score.
NOTABLY LESS FAVORABLE Same family of strategies, lower total score.