The announcement of the new Government of Georgia Decree No. 2460 on December 16th 2020, is at last an opportunity for foreigners caught in Georgia during COVID to breathe a
This article outlines all of the taxes in Georgia (Country) including income tax & corporate tax rates. If you are more interested in a practical guide on how and why
Will you need to file an annual tax return in Georgia (country) for the most recent reporting year? If the following is true, then the answer is probably "yes". Did
If you are a freelancer or small business owner (or looking to become one) and you have decided you are ready to open your business in Georgia and reduce your
Just because you became a tax resident in Georgia (country), or plan to soon, doesn’t mean the USA doesn’t still want to tax your personal or business income. Taxes in
Even if you are not VAT registered and don’t intend to be, some of these rules affect all business owners operating in Georgia.
Summary
ALL purchases by a Georgian business of products
Are you working remotely online from Georgia (country)? If so, you may be liable for taxation by the Georgian Revenue Service. Your tax liability involves a LOT of factors, not
5% corporate tax, 0% dividends tax, and only 5% tax withholding on employee salaries. It might be time to move your IT company to Georgia (country).
On October 8th, 2020, the
If you'd like to pay significantly less tax, here is one good solution: Move your business and/or personal tax residency to a country with lower tax rates. Move Taxes to
The question of Tax Residency vs. Legal Residency in Georgia (country) seems to cause a lot of confusion. In this brief article I hope to finally clarify this topic.
Simply put,