Discover Our Services For Expats & Foreigners With Georgian Interests
1. Business Registration / Incorporation
2. Individual Entrepreneur (Sole Trader / Freelancer) Registration
3. Virtual Zone Company (IT Companies, 5% Tax)
4. Corporate / Business Bank Account Opening
6. High Net Worth (Tax Residency) Applications
7. Other Legal Services (inc. legal by the hour, contract drafting, legal translation)
8. Accountancy
10. Real Estate Law / Purchase / Conveyancing
11. Premium Consultations By The Hour (Opens in new tab). To cover any of the above topics. Live bookable calendar.
Note: where services can be offered remotely (clients outside Georgia), the surcharge on listed prices is typically up to 50% due to the additional work required.
For in person service in Batumi, surcharge is typically 50 - 100 GEL.
~$450 USD. + VAT when applicable.
One Time Fee. Includes:
No Obligation Consultation.
VAT Excluded. Will you need to pay VAT?
Get a flat tax rate of 20% on dividends & salaries by opening your company in Georgia.
Our complete business (LLC) registration service will get you set up quickly and professionally. Avoid translation problems, we'll help you easily navigate the pitfalls of Georgian law to complete your business registration without potential legal headaches in the future.
We include a customized, dual language charter (articles of association) to suit your needs, which is required to register with Georgian authorities. Read more about Georgian LLCs here.
For most business types, there's no minimum capital requirement in Georgia.
In most cases, the whole process takes 2-3 business days and involves a visit to our offices, followed by a visit to the Public Service Hall and the Revenue Service, where you're accompanied by our specialist.
No. Business registration in Georgia is indefinite and there are no annual renewal fees or procedures.
A business name, phone number, email address and your original passports for all company directors (or power of attorney and notarized passport copies).
You will also need a legal address that is property you own, or a representative with a legal address. (You can use our virtual address service below if you don't own property).
Everything else you need, including custom charters, is arranged by us on your behalf, including your revenue service registration.
No. Our fee includes everything to get you started, assuming you have a permanent legal address in Georgia to register the business at. If not, check out our virtual address service below.
Note: Remote applications rather than those made in person can incur higher fees, normally about 50%. You will also require a power of attorney and apostille passport copy, at own expense. Physical copies of these must be sent to us.
~165 USD. + VAT when applicable.
One Time Fee. Includes:
No Obligation Consultation.
Price for remote registrations vary - please see the FAQs
VAT Excluded. Will you need to pay VAT?
If you intend on running a company where you are the sole proprietor, the individual entrepreneur with small business status in Georgia affords incredible tax benefits. Pay 1% tax on turnover up to a max annual turnover of 500,000 GEL. Monthly turnover declarations are mandatory, as well as reverse VAT & Withholding (if applicable).
Our complete service will get you set up quickly and professionally. Avoid translation problems, we'll help you easily navigate the pitfalls of Georgian law to complete your business registration without potential legal headaches in the future.
Read more about individual entrepreneur & small business status in Georgia.
A business name, phone number, email address and your passport.
You will also need a legal address that is property you own, or a representative with a legal address. (You can use our virtual address service below if you don't own property).
Everything else you need is arranged by us on your behalf, including your revenue service registration.
In most cases, the whole process takes 2-3 business days and involves a visit to our offices, followed by a visit to the Public Service Hall and the Revenue Service, where you're accompanied by our specialist.
No. Business registration in Georgia is indefinite and there are no annual renewal fees or procedures.
If your annual turnover will be under 30,000 GEL ($10,000 USD) per year the rate is 0% and you file taxes annually.
From 30,000 to 500,000 GEL (~$160,000 USD) it is 1% of turnover, with monthly tax filing (check our accountancy packages below).
Over 500,000 GEL the tax on turnover is 3% for the first year. If your turnover exceeds the 500,000 GEL threshold consecutively for 2 years, you lose your small business status tax rate.
VAT registration is essential if you will make VATable turnover of over 100,000 GEL. We can help with this. VAT is 18%.
Reverse-VAT and withholding taxes may apply on international expenses, contractors and employees.
You will need to get your passport and the Power of Attorney (PoA) apostilled. If you cannot get our PoA apostilled in English, you will need to organise translation services where you are. Documents must come to us in English (or Georgian)
The below prices include all relevant remote application surcharges.
- Drafting of English Language PoA: 300 GEL
- Apostilled Passport & PoA, plus mailing to Tbilisi: Own Expense
- Certified translation of POA & passport to Georgian: 250 GEL
- Notarization of translated documents - 300 GEL
- Individual Entrepreneur Registration - 250 GEL
- Small Business Status Registration (1% Tax Status) - 300 GEL
Our Total Fee: 1,400 GEL
Payable by bank transfer. VAT is not applicable for remote applications.
Our fee includes everything to get you started, assuming you have a permanent legal address in Georgia to register the business at. If not, check out our virtual address service below.
If you need the application completed in a hurry, our express service incurs an additional 200 GEL fee.
Note: Remote applications rather than those made in person can incur higher fees, normally about 50%. You will also require a power of attorney and apostille passport copy, at own expense. Those physical documents must be sent to us by mail.
~$450 USD. + VAT when applicable.
One Time Fee. Includes:
No Obligation Consultation.
VAT Excluded. Will you need to pay VAT?
IT companies which do not have income derived within Georgia may qualify for the Georgian Virtual Zone. 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 (company & personal) tax leakage of just 5%:
According to the 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-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 on new parts of your business that cannot be shown to be software based.
Because the criteria is complex, we work with you to make sure your structure will get approved.
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.
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 you remotely manage the company from abroad? Yes.
But can your business be based abroad? No. For MFA to grant the VZ certificate, you will need to demonstrate that some work is being done within the territory of Georgia.
The approval process is very nuanced. You can read a little more about the VZ here.
No.
~$240 USD. + VAT when applicable.
One Time Fee. Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
For foreigners to open a corporate/business bank account in Georgia requires proving certain things about your business. Making mistakes in the initial application can lead to being declined.
Our experience with the quirks of Georgian banking will help you get approved first time.
Note: Remote applications rather than those made in-person can incur higher fees, normally about 50%. You will also require a power of attorney and apostille passport copy, at own expense. It should be noted that remote opening of business accounts has become increasingly tricky and banks often reject the applications. Personal account opening is easier. We will discuss your options before charging for this service.
The price for this service will depend on our assessment of how difficult your application will be. Get a consultation first and then we can quote you our estimate.
If the bank doesn't clearly understand your business model and income sources, they may flag your application as suspicious.
If your business income will arrive mostly in foreign currency, not Georgian (GEL) this is also sometimes considered suspicious. However the overall nuances of the bank's decision are more complicated than this, which is why having a lawyer help you through each individual case really helps.
Typically between 2 and 7 days, depending on the back office at the bank and on the complexity of your business structure.
Not 100%. Anyone who tells you they can make a 100% guarantee is exaggerating. But we are extremely knowledgeable about spotting red flags and then removing them before making applications.
In the unlikely event that your application fails, we will reassess the application and try again at one of the other major banks in Georgia, at no extra charge.
NOTE: In a situation where we advise your application has a high chance of failure but you choose to proceed anyway, we do not offer the second submission free of charge.
These are relatively easy to open in person (depending on your passport country), but if you need help with this process please contact us or ask about it during your consultation.
~$105 USD. + VAT when applicable.
Annual Fee. Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
Every business from individual to corporation is required by law to have a permanent legal address in Georgia. This address cannot be a property you rent, it must be owned by either yourself, your business or your legal representative.
As your legal representative we can provide this essential service.
The fee is charged annually for each business you want to register with our address.
NOTE: We do not accept packages and this is not a mail forwarding service. We accept all types of official government/legal mail relating to your business, only.
The Georgian government needs a way to keep track of businesses in Georgia. With a temporary address, it would be too easy for people to open a business and then disappear.
As soon as you sign the paperwork, you have a legal address. You can then go on to complete business registrations etc.
Yes. We'll continue to look after your mail and be your legal address for as long as you continue to pay the annual fee.
Yes. Please request a consultation and we can assess your current business setup and then in most cases we can approve you and help you change to our address. Depending on the business there might be a small admin fee for us taking over your account, we'll let you know before starting the process.
~$600-$1,500. + VAT when applicable.
One Time Fee. Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
The High Net Worth 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.
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 property exceeds 3 million GEL
- OR their annual income for the last 3 years exceeds 200,000 GEL.
In addition you must either:
- Have a Georgian legal residence permit OR Georgian resident ID card.
- OR Certify that you receive income of 25,000 GEL or more during the tax year from a source in Georgia.
If you do not have legal residence in Georgia, and don’t intend to get it, we can discuss options for meeting the 25,000 GEL Georgian income requirement instead.
Read more about the criteria for qualification, and other considerations, here.
This depends entirely on what documents and other important steps need to be organised 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 organise 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 by late October of that tax year. All applications must be completed and authorized by the Revenue Service no later than December 31st of the tax year you wish to qualify for.
The earliest you can begin an application for any given tax year is January, though some documents can be organized in advance.
Every tax year. The renewal must be completed before Dec 31st. You must have continued to meet the income requirements, as listed previously, in order to qualify for renewal. Yes, of course we can handle your renewal. The renewal process is typically simpler than the first application and we will provide you a new price estimate based on your requirements.
Any documentation (such as power of attorney and passport apostille) that need to be completed in your home country, are at your own expense.
We keep our fees transparent and we’ll give you a final estimate for your specific case once we have completed your initial consultation.
Any additional service that are not included in our estimate will be at your own expense. This may include, but is not limited to, your legal residence application (if preferred).
The price of annual renewal is not included in the original fee. We'll re-quote you for each renewal.
Looking to register a business that is a little bit outside the box? If your business and tax structure has legal question marks, let our experts navigate Georgian tax law to build you a custom structure that will never leave you exposed.
Discover creative solutions to novel tax problems and let us help you find the best tax outcome possible for your business.
Get a free consultation below and we'll analyze your case and get you a custom price.
None of our other services meet your needs? We offer 1 on 1 legal tax and business advice to help you solve your problems or plan for the future. The rates apply to consultations, legal research, letter writing etc.
As a first time customer your first 30 minutes is free, then we charge per hour, and we are here as long as you need us. For bigger projects we can quote a price on a per project basis. VAT may be added (18%)
(~$155 USD). Typical Topics Covered By A Senior Tax Attorney:
(~$230 USD). Typical Topics Covered By A Managing Partner:
(~$45 USD Per Hour). + VAT when applicable.
Georgian to English & English To Georgian.
Your legal documents, translated by our experts. Simply contact us with your documents by email info@expathub.ge and we'll tell you how much the legal translation will cost.
(~$120 USD). + VAT when applicable. Remote surcharge (200 GEL) for PoA remote services.
Georgian + English Bilingual PoA.
Give our lawyers the power to represent you in Georgia for business registrations, property purchase, administrative, banking and many other legal matters. Our power of attorney service includes up to 2 PoA documents and 2 notarised and translated copies of your passport. We cover all local fees, book the notary and accompany you there, or process the documents on your behalf (if requesting remotely).
We draft the necessary PoA which can be translated locally by the notary, or internationally by a notary wherever you are, and then mailed to us. Bring your original passport to the appointment, or send us an apostille copy of your passport.
Our fee covers local documents only. Some of our remote packages include the PoA fee already.
Our team specialises in drafting accurate bilingual contracts (English+Georgian). All our contracts comply fully with the relevant Georgian laws.
Employment contracts, service agreements, rental agreements, pre-purchase/purchase agreements and more.
Standard Contracts ₾500 GEL + VAT
For standard contracts for which we already have a template, the price includes:
*Additional Copies ₾200 GEL + VAT. Includes the insertion of custom data.
Custom Contract Drafting
250 GEL + VAT Per Hour (All Legal Work)
& 150 GEL + VAT Per Hour For Legal Translation
Need a custom contract from scratch? We can draft your contract in English or Georgian, for your review, at our standard legal rate. Then full legal translation to either English or Georgian at our standard translation rate.
~$135 USD. + VAT when applicable.
Prices Start FROM 450GEL Per Month. Discounts available for small businesses.
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
Our in house team of accountants will handle your monthly and annual tax reporting. We use professional accounting software, approved by the Georgian revenue service, to comply fully with local tax laws.
Send us your monthly invoices and we sort out the rest.
We include standard monthly declarations and payroll management based on up to 3 employees and an additional 1 hour of accounting to record your invoices into our system. Book a free consultation to help us assess your final monthly price based on your needs.
Once we have all your information after the consultation, we'll be able to give you a final price including any additional fees. If your needs change over time then we can recalculate your monthly fee.
Our set price listed here is just to give you an approximate cost based on a typical small business.
(~$90 USD). + VAT when applicable.
When your business is first registered with the Revenue Service (RS) you will have a number of responsibilities to complete before you can file your first tax return.
This process can be confusing and with very poor English translations on the RS portal. In most cases, completing the initial setup incorrectly could lead to a number of problems, including ending up with the incorrect tax rate on some of your business activities and/or tax refunds not being issued to you correctly.
If you’d like professional help getting this right, our quick start service includes:
NOTE: This full service is included with all our monthly accounting packages, assuming a minimum contract of 3 months
~$335 USD. + VAT.
For Each Application Made. Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
Our in house team will handle your residency application.
Work Permit
Apply on the basis of work or entrepreneurial activity in Georgia (Employment contract, owner of LLC or Individual entrepreneur status)
The company you work for must have at least 50,000 GEL in turnover in the last 12 months per foreigner who wishes to apply.
Residence Permit Based On Property Purchase
Get residency based on ownership of property valued at $100,000 USD or more. Residency for family (Spouse & Dependants) can be included the application.
Student Residency
You must have a letter of enrollment from an accredited educational institution in Georgia. Student residency service is discounted by ₾200 GEL.
Will you qualify for these types of residency? Read our residency article to understand the complete requirements.
For first time residency applications you have to be in Georgia and your current permit/visa has to have at least 40 days of validity left before you apply. If you are making a permit renewal, this can be done online from outside Georgia.
+ 200 GEL For 10 day processing
+ 100 GEL For 20 day processing
Once we have all your information after the free consultation, we'll be able to tell you if there are any additional fees beyond the standard pricing.
Yes. If you are interested in this service, please book the free consultation and we can provide a price based on your exact needs.
Typically the price is the same as work residence, for the principal applicant, and then discounted for each additional applicant.
Fee: 1.5% of expected transaction value. Min 1,500 GEL, max 5,000 GEL.
+ VAT when applicable.
Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
If you've already picked out a property that you're looking to acquire, this package will provide you with everything you need to complete the purchase while making sure the legalities of the transaction are taken care of.
We charge a non-refundable 50% retainer for this service, based on the current sale price of the property you intend to purchase. The additional 50% will be paid prior to final signing of the purchase agreement, once it is agreed by all parties.
No. With a power of attorney and apostilled passport we can complete all of the process for you remotely. Funds for the actual purchase would need to be transferred directly to the seller as we cannot act as an intermediary for funds transfer.
This type of service is actually incredibly uncommon in Georgia and there is no professional body that awards certification to accredit those wishing to offer property inspection services. We can however connect you with an experience architect who will assess any property you are interested in purchasing, at an additional fee.
Typically not but we can discuss any possible additional costs at your initial consultation.
If you intend to conduct the purchase remotely, either entirely or partly, there may be some additional fees for our increased admin and representation time. Your power of attorney and other documents that will need to be notarized or apostilled in your home country, will be done so at your own expense.
Fee: 5% of expected transaction value. Min 5,000 GEL, max 30,000 GEL.
+ VAT when applicable.
Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
Our concierge service will take you from initial interest through to final purchase and beyond.
In addition to taking care of the conveyancing, our team will assist you in both research, pre-screening, negotiations and even helping you find tenants for your newly acquired house, apartment or commercial space. Avoid getting the “foreigner” price and let our Georgian staff negotiate on your behalf.
NOTE: Contrary to most other buy-side agents, we never accept "kick-backs" from sellers, keeping our interests always aligned with yours.
Property Research
We conduct an extensive search for properties based on your criteria to provide you with options (up to 30, depending on market availability) to consider.
Pre-Screening
We will view your short-listed properties (5 to 10) on your behalf, or accompany you to offer translation and advice. You will receive our basic property assessment, additional photos of each property if the original listing photos were insufficient, and a video tour (live video chat optional) of each property. Helping you eliminate properties that will not be suitable.
Rental Assistance
We will list your property for rent through multiple channels & conduct up to 10 viewings.
If you do not intend to rent the property, or have an independent rental management service, we can offer a discount off the final price for our services.
Fees Charged:
5% of expected transaction value (adjusted once final sale price is confirmed). Min 5,000 GEL, max 30,000 GEL.
Schedule of fees:
No. With a power of attorney and apostilled passport we can complete all of the process for you remotely. Funds for the actual purchase would need to be transferred directly to the seller as we cannot act as an intermediary for funds transfer.
Typically not but we can discuss any possible additional costs at your initial consultation.
If you intend to conduct the purchase remotely, either entirely or partly, there may be some additional fees for our increased admin and representation time. Your power of attorney and other documents that will need to be notarized or apostilled in your home country, will be done so at your own expense.
(~$75 USD Per Hour). + VAT when applicable.
Due diligence relating to purchase contracts, public registry, reputation of the seller and more. Send us relevant contracts and we will send you a quote based on the work we can perform to help give you peace of mind for your land or property purchase.
Simply contact us with your documents by email info@expathub.ge
VAT is charged at 18% when applicable.
Will VAT apply to your purchase?
If your purchase is by a VAT registered business (or individual entrepreneur), then you can claim back the VAT in your accounts. If your purchase is for a business that will soon become a VAT registered business (for example, in the case of registering a new business) then you can, in some cases, claim back the VAT once the business registration and VAT registration is completed.
When will VAT not apply to your purchase?
International Standard, Local Pricing
Opening a business 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 your business move to Georgia, easier than ever before.
Native English Speaking, Or Fluent Bilingual. Your Business Needs Will Never Be Lost In Translation.
We Bring An International Level Of Service, Logic, Resourcefulness, Confidentiality & Data Protection To Georgian Tax Law.
We Provide Creative, Tailored Solutions Which Will Never Leave You Exposed.
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
9 Dariali Turn, Vake, Tbilisi 0179
T: +995 511 13 99 29
E: info@expathub.ge
Mon - Thur: 10:00 - 17:00
Your First 30 Minutes Are Free (Via Zoom, Or In-Person). Get Your Half-Hour Of Unabridged Legal Advice, NOT Half-Answers And Upsells.
© Copyright ExpatHub.GE | All rights reserved