Pricing
Discover Our Services For Expats & Foreigners With Georgian Interests
Summary Of Services
1. Business Registration / Incorporation
2. Individual Entrepreneur (Sole Trader / Freelancer) & SBS (1% Tax rate) Registration
3. Virtual Zone Company (IT Companies, 5% Tax)
4. Virtual Address / Virtual Office
5. High Net Worth (Tax Residency) Applications
6. Other Legal Services (inc. legal by the hour, Power of Attorney, contract drafting, & legal translation)
7. Accountancy
9. Real Estate Law / Purchase / Conveyancing
10. Premium Consultations By The Hour (Opens in new tab - feat. a live bookable calendar) to cover any of the above topics.
Note: where services can be offered remotely (for clients outside Georgia), the surcharge on listed prices is typically up to 50% due to the additional work required.
Prices Exclude VAT (18%) - But VAT is NOT always due. Learn more here.
Business Registration & Legal Services
All services payable in Georgian Lari (GEL). ~USD pricing is for information only.
Business (LLC) Registration
Get a flat tax rate of 15% Corporate, 5% on dividends, & 20% local salaries (withholding) by opening your company in Georgia.
Our complete business (LLC) registration service will get you set up quickly and professionally. We'll help you avoid translation problems and 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.
Freelancer / Individual Entrepreneur Registration
If you intend to run 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. We'll help you easily avoid translation problems and 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.
Virtual
Virtual Zone Company Registration
₾1,500GEL
~$480 USD. + VAT when applicable.
(One Time Fee.) Includes:
No Obligation Consultation.
VAT Excluded. Will you need to pay VAT?
Virtual Zone Company Registration
IT companies which 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%:
FAQs
What qualifies as an IT company?
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-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 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.
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 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.
Do I have to renew the registration annually?
No.
Virtual Address / Virtual Office
A virtual address is a legal address which you can use for your business registration in Georgia. It is a mandatory legal requirement to have a legal address, and the owner of that address must sign an agreement that you can use their address. We do this on your behalf when you use our legal address.
Our virtual office service can be a reception and delivery address, a collection point, and place for office services, like printing and mail forwarding. Whereas, the virtual address cannot be used for anything apart from the legal process and associated notices from government agencies.
Why can't I use my rental address?
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.
I already opened a business, can I switch to your address?
Yes. Please request a consultation and we can assess your current business setup. 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, but we'll let you know before starting the process.
Tax Residency
High Net Worth (Tax Residency)
₾1,500 to 6,500 GEL
~$480-$2,075 USD + VAT when applicable. (One Time Fee.) Includes:
Because of the complexity of HNWI, a consultation is mandatory to determine the final price.
VAT Excluded. Will you need to pay VAT?
High Net Worth Individual Tax Residency Program
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.
FAQs
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 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 a Georgian resident ID card.
- OR Certify that you receive an 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 alternative options for meeting the 25,000 GEL Georgian income requirement instead.
Read more about the criteria for qualification, and other considerations, here.
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 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 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 every single 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. We can of course handle your renewal. The renewal process is typically simpler than the first application and we will provide you with a new price estimate based on your requirements.
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.
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 services 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.
Other Legal Services
Custom Business Structures
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.
Legal By The Hour / Premium Consultation
None of our other services meet your needs? We offer 1 on 1 legal, tax, 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 and/or charge a retainer which can be topped up as needed. VAT may be added (18%).
Get a full list of our consulting services and prices.
Legal Translation
₾150 Per Hour
(~$48 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.
Power of Attorney
₾400
(~$128 USD) + VAT when applicable. Remote surcharge (200 GEL) for PoA remote services.
Georgian + English Bilingual PoA.
Give our lawyers (or anyone) the power to represent you in Georgia for business registrations, real estate purchases, and administrative, banking, & many other legal matters. Our power of attorney service includes a PoA document and up to 2 notarized and translated copies of your passport. We cover all local fees, book the notary, and accompany you there, or we process the documents on your behalf (if requesting remotely).
We draft the necessary PoA which can either 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 apostilled copy of your passport.
Our fee covers local (Georgia) documents only. Some of our remote packages already include the PoA fee.
NOTE: If any part of your documents arrive to us in a language other than English, additional fees may apply. This includes any document where the apostille seal is not in English.
THIS PRICING IS FOR THE PoA PROCESS ONLY. The cost of our representing you in legal matters will vary depending on what you need done. Let us know in your message so we can get you a quote.
Contract Drafting
₾Varies
Our team specializes in drafting accurate bilingual contracts (English + Georgian). All our contracts comply fully with the relevant Georgian laws.
This includes 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. This 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.
Monthly Accounting Packages
From ₾150 GEL Per Month
(~$48 USD) + VAT
We have accounting packages for every level of business. From freelancers and startups to international corporations. From seasoned business professionals to first time remote workers.
Most Georgian business types are required to file monthly. Our accountants will ensure every detail of your accounts is handled to keep you 100% legal.
Custom Accounting
From ₾125 GEL Per Hour
(~$40 USD) +VAT
Additional hours for our monthly clients: ₾125 GEL + VAT per hour.
Standard rate for non-monthly clients: ₾250 GEL + VAT per hour.
Annual Filing Packages: From ₾400 GEL + VAT. Read more about annual filing requirements and pricing here.
Need help, or want to book your hourly accounting services? Click the button below.
RS Portal Quick Start Add-On
₾75 + VAT (Conditions Apply)
- ₾75 GEL + VAT If purchased at the same time as IE/SBS registration. Otherwise, ₾125 GEL + VAT if purchased at a later date.
- This pricing is for IE/SBS. If you have an LLC, please ask us for pricing.
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 is complicated by 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.
If you’d like professional help getting this right, our quick start service includes:
NOTE: This full service is included with all of our monthly accounting packages, assuming a minimum contract of 3 months.
VAT Qualified Status Application
₾350 GEL + VAT
Qualified VAT status allows your company to claim back local VAT.
Basic VAT registration only provides you with un-qualified VAT status, which allows you to claim back reverse-VAT paid on the purchases of foreign services, but does not allow you to claim VAT paid on local expenses (ie. products and services where you paid Georgian VAT at the time of purchase).
If you are eligible for qualified status, our team can assist with the process of applying and arguing with the RS to get the status approved.
If you’d like professional help getting this right, our VAT service includes:
NOTE: It is only possible to get qualified status if your company is actively trading in Georgia and collecting input VAT from your customers. If your business income is not VATable, as all your customers are based outside Georgia, then it will not be possible. Contact us for advice.
Per Application
Work Permit OR
Residence Permit Based On Investment/Real Estate
₾1,100 GEL
~$350 USD + VAT.
For Each Application Made. Includes:
No Obligation Consultation
VAT Excluded. Will you need to pay VAT?
Become A Resident Of Georgia
Our in-house team will handle your residency application.
Work Permit
Apply on the basis of employment or entrepreneurial activity in Georgia (Such as with an employment contract, as an owner of an LLC, or with Individual Entrepreneur status)
The company you work for must have at least 50,000 GEL in turnover in the last 12 months per foreigner in the company.
Residence Permit Based On Real Estate Purchase
Get residency based on ownership of property valued at $100,000 USD or more. Residency for family (spouse & dependents) can be included in the application. The cost is 600 GEL per additional family member beyond the principal applicant.
Residence Based On $300,000 USD Investment
If investing this amount in real estate, business, or other investments in Georgia, you and your family can apply for 5 years of temporary residency. You can transfer that to permanent residency after 5 years of maintaining that investment. Our pricing is the same as with the $100,000 USD real estate purchase described above.
Family Reunification
Your spouse or dependent (minor) can sponsor you, or be sponsored by you if they possess a Georgian residence card or citizenship. An apostilled birth certificate / marriage certificate is required. The price is 1,100 GEL for the principal applicant. A discount of 15%, 20%, or 25%, depending on the number of family members (1, 2, 3 or 3+), will apply to their residence permit application fee.
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.
FAQs
Do I have to be in Georgia to apply?
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.
Are there any additional fees?
+ 200 GEL Rush fee if your application must be submitted in less than 5 business days from agreeing to engage us.
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.
Can you organize family reunification residency permits?
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 for the work residence permit for the principal applicant, and is discounted for each additional applicant.
Real Estate Legal & Buy-Side Services
By the hour ₾250 GEL. Packages from ₾750 GEL.
+ VAT when applicable.
From due diligence relating to purchase contracts, public registry, assessing the reputation of the seller, etc., to full buy-side purchasing, we can help you from initial property research all the way to after-sale care with rental assistance, property taxes, and more.
Our full list of packages and services can be found in detail on our Real Estate Services page.
Have A Question?
VAT (18%) - Does It Apply To You?
VAT is charged at 18% when applicable.
ExpatHub reserves the right to make the final determination on whether your purchase must include VAT or not, as the tax liability of this decision lies on us.
VAT will apply to your purchase if:
VAT will not apply to your purchase if:
VAT collected by ExpatHub is promptly paid to the authorities.
If you are not sure if you should pay VAT, please contact one of our team members for assistance.
International Standard, Local Pricing
Why ExpatHub?
Opening a business in a new country is confusing. We know, because when we first moved here, we faced all the same challenges you're facing. We solved those challenges and hired a team of experienced, bilingual accountants & lawyers to help you move your business to Georgia, making it easier than ever before.
One-Stop-Shop
All Your Tax & Accountancy Needs Solved In One Place
ONLY English-Speaking Staff
Native English Speaking, Or Fluent Bilingual. Your Business Needs Will Never Be Lost In Translation.
No “Tourist Tax”
Fair, Transparent Pricing For Foreigners.
International Standards
We Bring An International Level Of Service, Logic, Resourcefulness, Confidentiality & Data Protection To Georgian Tax Law.
Honest, Fact Checked Advice
We Provide Creative, Tailored Solutions Which Will Never Leave You Exposed.
REACH OUT
Contact
Get in touch to discuss all your tax and accountancy needs in Georgia, whether you are based here, or abroad.
Location
Please book an appointment before visiting us, by emailing or calling us, or booking a free consultation.
Saburtalo, Tbilisi
35 Lavrenti Ardaziani street, Saburtalo, Tbilisi, 0160
T: +995 511 13 99 29
E: info@expathub.ge
Mon - Thur: 10:00 - 17:00
Book Your Free Consult
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