Georgian Enterprises: New Financial Reporting Requirements In 2021

New financial reporting requirements will affect Georgian enterprises in 2021. For those affected, reports must be submitted before October 1st, 2021, and will relate to the reporting tax year of

moving to georgia

Real Estate

Top 20 FAQs: Purchasing Real Estate In Georgia

If you want to buy real estate in Georgia, you need to make sure you are familiar with all the details affecting this purchase, from the scams to avoid, to

Tax Advice

Why Some Freelancers DON’T Qualify For The 1% Tax Rate

Many freelancers in Georgia take advantage of the Small Business Status (SBS), which allows them to reduce their income tax to just 1% on turnover. For those freelancers and solo entrepreneurs

Tax Advice

10 Common Tax Myths: Are you Unknowingly Evading Tax?

The Republic of Georgia certainly has some serious benefits associated with its tax system, compared to high tax countries like much of Western Europe, the USA, Australia, and others. That

finances

money and banking

How To Pay Your Taxes To The Treasury (Georgia)

Our quick guide to making your tax payments to the Revenue Service (Treasury) in the Republic of Georgia. Once your monthly or annual taxes have been filed via the Revenue Service

life in georgia

transport

How To Exchange A Foreign Driver’s License For A Georgian License

This article will explain all the primary considerations related to exchanging your foreign driver's license in the Republic of Georgia, including the deadlines, legal requirements, and overall process for making

money and banking

Bank Accounts in Georgia (Country) – For Business Owners

Do you need a Georgian business bank account as a business owner in Georgia? The answer is, it depends. In this article I’ll cover: The legal requirements for business owners: Who

life in georgia

moving to georgia

Living in Tbilisi – A Complete Neighborhood Guide

In this article, an honest overview of Tbilisi neighborhoods and areas for living in Tbilisi, Georgia (or the "city of sun and roses", as a popular Soviet song says). If you

life in georgia

moving to georgia

Tbilisi Cost Of Living

Guide to the typical cost of living expenses in Tbilisi, including some example budgets. Thinking of relocating or visiting? This guide summarizes the cost of living in Tbilisi, Georgia, which you

Tax Advice

Should I VAT Register? And Other Essential VAT Considerations.

VAT (18%) is probably the most complicated type of taxation that any new business owner in Georgia will have to deal with. However, understanding VAT can save you a lot

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