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Georgia

Basic Facts

Georgia Overview

| 7th on the World Bank.s list Ease of Doing Business 2020 Georgian Lari 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

Top 3

Reasons For Doing Business In Georgia

Territorial taxation - tax is imposed on Georgian-sourced income Only

Cryptofriendly banks - opening accounts For Crypto licensed Companies

Increased Privacy - Georgia is NOT signatory of Common Reporting Standards

More advantages​

  • Sophisticated finance company regime suitable also for cryptocurrencies,
  • Flat rate Corporate Income Tax (CIT) of 15%,
  • 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,
  • Minimal tax on real estates (1%),
  • No tax on profits from disposal of securities,
  • No inheritance or gift tax and no CFC rules.

Company Formation In Georgia

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