1. Virtual Zone Company (IT Companies, 5% Tax)
2. High Net Worth (Tax Residency) Applications
3. Other Legal Services (inc. legal by the hour, Power of Attorney, contract drafting, & legal translation)
Approx. 600 USD + VAT
IT companies that do not have income derived within Georgia may qualify for the Georgian Virtual Zone status. The best way to find out is to book a consultation.
First, open your business in Georgia, then apply for the virtual zone certificate. Achieve a total combined (both company & personal) tax leakage of just 5%:
The approval process is very nuanced. You can read more about the VZ here.
What qualifies as an IT company?
According to Georgian legislation, the company's activities must result in the creation of software products, where the creation process takes place within the territory of Georgia. This includes SaaS (software-as-a-service) businesses and web development firms, but also any other business models where there's a clear product and where development work is carried out in Georgia.
It should be clear at the time of application that the majority of your business is software-based. This can change after the application is approved, but your tax level may differ for new parts of your business that cannot be shown to be software-based.
Because the criteria are complex, we work with you to make sure your structure will get approved.
How long does it take to obtain the VZ certificate?
While the government's official timeline is up to 10 business days, in practice VZ applications tend to take anywhere from 30-60 days, depending on how much additional follow-up is deemed necessary.
Do I need VZ registration before I start my business?
No. You can start your business activities from the moment you obtain your LLC registration, and follow up with a VZ registration at a later date. We recommend starting the process 90 days before the end of your financial year at the latest.
Can I operate my VZ company from abroad?
Can you remotely manage the company from abroad? Yes.
But can your business be based abroad? No. For MoF to grant the VZ certificate, you will need to demonstrate that some work is being done within the territory of Georgia.
Do I have to renew the registration annually?
No.
Approx. 770 USD + VAT
The High Net Worth Individual (HNWI) Program is a unique option to become a personal tax resident of Georgia without having to meet the standard 183-day physical presence requirement - you might not even have to visit Georgia at all. Being a tax resident in Georgia can help you get a more favorable tax situation and shield you from taxes elsewhere.
The process to qualify can be tricky. Our service takes the stress and confusion out of it to get you the result you want with minimal complications.
Not sure if the High Net Worth program is right for you? Read our article first.
How do I qualify? Can this be done remotely? Do I need a Georgian business?
Yes, you don't ever have to come to Georgia to apply, but the process can be a little simpler if you do. You may or may not need a Georgian business, depending on your unique situation.
The basic criteria for qualification:
- A natural person (individual) whose proven assets exceed 3 million GEL, including proof of owning assets in Georgia valued at 500,000 USD or more.
- OR whose annual income for the last 3 years exceeds 200,000 GEL, and they can demonstrate proof of owning assets in Georgia valued at 500,000 USD or more.
Moreover, you must either:
- Have a Georgian legal residence permit.
- OR certify that you receive an income of 25,000 GEL or more from a Georgian source during the tax year prior to the year of applying.
If you do not have legal residence in Georgia and don’t intend to get it, we can discuss alternative options for meeting the 25,000 GEL Georgian income requirement instead.
How long does the application process take? When should I apply?
This depends entirely on what documents and other important steps need to be organized for your individual case. If you already have all your supporting material ready, then the actual application is possible within 10 working days.
If you need to organize a legal residence permit, business registration, bank account, etc., then the preparation time for all these elements must also be factored in. All in all, this could take up to 60 days if we are starting from scratch and everything is done remotely.
For this reason, we suggest starting the process for any given tax year as soon as possible but no later than October of that tax year. All applications must be received by the Revenue Service no later than December 31st of the same tax year for which you wish to qualify.
The earliest you can begin an application for any given tax year is January, though some documents can be organized in advance.
When do I need to renew my HNWI status? Can you renew for me?
You must renew for every single tax year. You must have continued to meet the income requirements, as listed previously, in order to qualify for renewal. We can of course handle your renewal.
Are there any additional fees?
Any documentation (such as power of attorney and passport apostille) that need to be completed in your home country, are at your own expense.
Any additional services that are not included in our base HNWI package will be at your own expense. This may include, but is not limited to, your legal residence application.
None of our other services meet your needs? We offer 1-on-1 legal, residency, real estate, and business advice to help you solve your problems or plan for the future. The rates apply to in-person & online consultations, legal research, letter writing, etc.
For bigger projects, we can quote a price on a per-project basis.
Need expert guidance on Georgian tax and business structures? Our tax experts provide 1-on-1 advice to help you understand your obligations, solve complex issues, and plan the most effective path forward.
For tax appeals, tax opinions, and other larger or ongoing matters, we can provide a fixed project quote.
Give our lawyers (or anyone) the power to represent you in Georgia for business registration, property purchase, dispute resolution, and other matters.
Our service includes 1 copy of a bilingual (English & Georgian) Power of Attorney and 1 notarized copy of your passport.
How does the process work?
We draft the document, book the notary appointment, accompany you there, and cover the notarization fees.
A Power of Attorney can be notarized anywhere, even internationally. Give us your representative powers without coming to Georgia.
How does the process work in this case?
We draft the document. You notarize it, authenticate it with Apostille/Legalization, and mail us the original. Once received, we translate and notarize it from English.
NOTE: If any part of your documents arrives at us in a language other than English, additional fees may apply. This includes any document where the apostille seal is not in English.
Our team specializes in drafting accurate bilingual contracts (English & Georgian) that fully comply with the relevant Georgian laws.
This includes employment contracts, service agreements, rental agreements, pre-purchase/purchase agreements, and more.
I. Standard Contracts - ₾600 GEL (+VAT when applicable)
For standard contracts for which we already have a template, the price includes insertion of custom data (name, phone number, passport number, dates, etc.). Additional customization charged at ₾300 GEL (+VAT when applicable) per hour. Additional copies - ₾200 GEL (+VAT when applicable).
II. Custom Contract Drafting - ₾300 GEL (+VAT when applicable) Per Hour
Need a custom contract from scratch? We can draft your contract in English or Georgian for your review at our standard legal rate. Then, a full legal translation into either English or Georgian at our standard translation rate.
I. Contract Review
Need help understanding or reviewing a contract in Georgia? Our team can review agreements, identify key risks and obligations, explain the practical implications, and help ensure that the terms protect your interests.
If you're considering Small Business Status (1% tax regime) but are concerned about employee reclassification, our tax team can assess your situation.
II. Legal Translation
Get an accurate translation from Georgian to English or English to Georgian. Useful for both legal and non-legal documents.
Simply contact us with your documents by email at info@expathub.ge, and we'll tell you how much the legal translation will cost.
For an accurate quote, contact us with your documents, and we'll confirm the quote for the review and/or translation.
What's the rate of VAT in Georgia?
VAT is charged at 18% when applicable.
What are common cases when VAT is applied?
- You're an individual who resides in Georgia.
- You're a Georgian business. Depending on your VAT payer status, you may be entitled to claim the VAT back.
- The provided service is related to real estate in Georgia.
What are some examples of when VAT is not applied?
- You're an individual who's in Georgia temporarily.
- You're a foreign business (legal entity) registered outside Georgia.
Does VAT Apply to Servies Rendered to Individuals Based Outside of Georgia?
Under the Georgian Tax Code, not all services provided abroad are VAT-exempt. As a general rule, when a Georgian-based company provides services to a foreign individual (B2C), the place of supply is considered to be Georgia and VAT applies. There are exceptions:
- Legal services, including business registration, provided to foreign individuals are exempt from the general B2C rule and are not subject to VAT.
- Real estate services and legal address are directly tied to immovable property in Georgia. These are always considered supplied in Georgia regardless of where the client is based, so VAT applies.
- Bank account opening is classified as administrative support rather than a legal service. The general B2C rule applies, so VAT applies.
- Legal residency assistance will be provided after your business registration in Georgia. At that point, the service is rendered to a Georgian-registered person rather than a foreign individual, so VAT applies.
If you are not sure whether you should pay VAT, please contact one of our team members for assistance.
Note: ExpatHub reserves the right to make the final determination on whether your purchase must include VAT or not, as the tax liability for this decision lies with us.
International Standard, Local Pricing
Starting life in a new country is confusing. We know because we faced all the same challenges you will, when we first moved here. But we solved those challenges and hired a team of expert, bilingual accountants and lawyers to help you get set up in Georgia, easier than ever before.
All Your Legal, Tax, Relocation, Business, Immigration & Accountancy Needs Solved In One Place.
Native English Speaking, Or Fluent Bilingual. Your Questions Will Never Be Lost In Translation.
Fair, Transparent Pricing For Foreigners.
We Bring An International Level Of Service, Logic, Resourcefulness, Confidentiality & Data Protection To All Our Services In Georgia.
We Provide Creative, Tailored Solutions Which Will Never Leave You Exposed.
Our Experience in Numbers
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REACH OUT
Get in touch to discuss all your tax and accountancy needs in Georgia, whether you are based here, or abroad.
Please book an appointment before visiting us, by emailing or calling us, or booking a free consultation.
1 Davit Tavkhelidze Street, Tbilisi 0186, Georgia
T: +995 511 13 99 29
E: info@expathub.ge
Mon - Thur: 10:00 - 17:00
Kavtaradze 1st Lane, Saburtalo, Tbilisi.
T: +995 568 202 698
E: accounting@expathub.ge
Mon - Thur: 10:00 - 17:00 | By appointment only.
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