Disguised Employment: Why Many Freelancers Do Not Qualify for 1% Tax
If you are familiar with the Georgian personal taxation system, it is very likely that you’ve heard of the famous 1% tax regime – the Small Business status for Individual
Business
Holidays in Georgia
The number of holidays in Georgia reflects its rich culture and history. These holidays include both secular and religious festivals.
While many events are celebrated in Georgia, 16 holidays are officially
Virtual Zone Companies in 2023: An Overview of Important Changes
On December 29, 2022, the Revenue Service of Georgia published the new Methodical Instruction on requirements for acquiring and maintaining the Virtual Zone status. This document introduces material changes to
New Crypto Regulations: Are you Subject to the Mandatory Registration?
Georgia has long been an attractive destination for crypto miners due to the relaxed governmental regulations and 0% tax rate on trading cryptocurrency.
However, as of January 1st, new regulations have
Your Business May Expire If You Don’t Re-Register
Since the Georgian government approved a new Law of Georgia on Entrepreneurs which came into effect on January 1st, 2022, you may be required to update your Georgian business information.
Under
Minutes of the General Meeting Template (Bilingual: Georgian & English)
When your Georgian legal entity has a general board meeting, the chairperson and partners who are present at the meeting are required to sign a document which must then be