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Table of contents TL;DR. Bookkeeping for Individual Entrepreneurs in Georgia Simple Cash Basis vs Full Accrual Requirements Explained Why Bookkeeping Matters Even Under the Georgia 1% Tax What “Bookkeeping” Means for Individual Entrepreneurs in Georgia The Legal Bookkeeping Expectations for Individual Entrepreneurs How Cash Basis Works in Practice Cash Basis Bookkeeping and the Georgia 1% Tax Common Cash Basis Bookkeeping Mistakes Individual Entrepreneurs Make Accrual Bookkee

Table of contents TL;DR. Tax Residency in Georgia in a Nutshell Introduction. Why Everyone Is Suddenly Talking About Tax Residency in Georgia Tax Residency vs Legal Residency in Georgia. The Difference That Saves or Costs You Thousands The 183-Day Rule in Georgia. How Tax Residency Is Triggered What Happens When You Become a Tax Resident of Georgia Georgia’s Territorial Tax System. The Foundation of the 0% Foreign Income Rule 0% Foreign Income Tax in Georgia. What Qualifies a

TL;DR: The Monthly Compliance Reality for Georgian Businesses Georgia is not a yearly filing country. It is a monthly compliance system. If you operate as an individual entrepreneur in Georgia or through a Georgian LLC, you must file declarations every single month, even if your income is zero. Key takeaways: Individual entrepreneurs with Small Business Status (SBS Georgia) must file a monthly turnover declaration and pay the Georgia 1% tax by the 15th of the following month

TL;DR. SARAS Financial Reporting in Georgia If you operate a Georgian LLC, SARAS financial reporting is mandatory, even if your taxes are fully compliant. Key points to remember: SARAS is not part of the Revenue Service and is not a tax filing Almost all Georgian LLCs must submit annual financial statements to SARAS The October 1st deadline is fixed and strictly enforced Foreign-owned companies are not exempt Zero activity does not automatically remove the obligation Missing

Table of contents TL;DR. Late Filing in Georgia Has Real Consequences What Happens When You Miss a Revenue Service Deadline Why Late Filing in Georgia Is a Bigger Problem Than People Expect How the Georgian Revenue Service Applies Penalties The Deadlines People Miss Most Often in Georgia Penalties for Individual Entrepreneurs in Georgia Penalties for Georgian LLCs How Interest Makes Small Penalties Big Problems Penalty Comparison Table. Individual Entrepreneur vs Georgian LLC

Table of contents TL;DR. Why Your LLC Charter Can Make or Break Banking, Audits, and Control Why the LLC Charter Matters More Than Most Non-Resident Founders Realize What the LLC Charter Actually Is Under Georgian Law Why Default Charters Are Risky for Non-Resident Owners Why Banks Treat the Charter as a Compliance Document Core Charter Sections Banks Actually Care About Why This Matters Even More for Remote Owners Example Charter Clauses Georgian Banks Prefer Before vs After

Table of contents TL; DR Remote Crypto Business Setup Why Georgia Is Becoming a Global Banking Hub for Web3 Why Open a Crypto or Web3 Company in Georgia Understanding Georgia’s Banking Landscape for Crypto Companies What You Need Before Opening a Web3 Company via POA Can You Open a Crypto Company in Georgia Fully Remotely? Yes. Step-by-Step: How to Establish a Web3 Company in Georgia via POA Banking Considerations for Crypto and Web3 Companies Tax Options for Web3 Companies i

Table of contents Why Georgia’s Virtual Asset Rules Matter More Than Ever How Georgia Legally Defines a Virtual Asset Why Virtual Assets Trigger Licensing in Georgia Why NFTs Are Not Automatically Virtual Assets in Georgia How Georgia Classifies CBDCs. Completely Separate from Virtual Assets Why Georgia Regulates NFTs and CBDCs Differently What This Means for Startups, Web3 Founders, Developers, and Investors NFT Classification Scenarios in Georgia. When an NFT Becomes a Virt

Table of contents Banking and Crypto: A Global Struggle Is It Legal for Crypto Companies to Open Bank Accounts in Georgia? How the Process Works What About Crypto-to-Fiat Conversions? Compliance: The Details That Matter Why Use Gegidze for Banking Setup? Conclusion: Yes, You Can Take Action Today Frequently asked questions (FAQ) Banking and Crypto: A Global Struggle Ask any founder in the crypto space what their biggest headache is, and banking usually makes the list. Traditi

​​ Table of contents Why Foreigners Want Georgian Debit Cards Without Traveling Which Georgian Banks Allow Remote Debit Card Issuance Requirements for Receiving a Georgian Debit Card Remotely Types of Cards You Can Receive Remotely Can Cards Be Delivered Abroad Card Activation and ATM Usage Why Foreigners Use Georgian Debit Cards for Crypto Earnings Why LLCs Use Corporate Cards in Georgia Avoiding Common Mistakes When Requesting a Remote Debit Card How Gegidze Helps You Recei

TL;DR. LLC vs. JSC in Georgia. Which One Should You Actually Choose? Choosing between an LLC and a JSC in Georgia is not just about company size. It’s about how your business earns, grows, and raises capital. LLCs are faster to register, easier to manage, and ideal for: Service businesses Bootstrapped startups Consulting, IT, and outsourcing companies Founders who plan to distribute profits JSCs are designed for: Startups raising external investment Equity-heavy structures Fi

Table of contents TL;DR. LLC Legal Address in Georgia LLC Legal Address in Georgia. Why This One Line Decides Banking, VAT, and Compliance What a Legal Address Actually Means Under Georgian Law What Is Required to Register an LLC Legal Address in Georgia The Virtual Office Question. Legal, Common, and Often Misused Address, VAT, and Revenue Service Alignment Address Expectations by Business Type Why Fixing the Address Later Is Expensive Bank-Ready Virtual Office Checklist (Us

Table of contents TL;DR Which Is Better for Your Georgian Individual Entrepreneur (IE)? What an Individual Entrepreneur (IE) Is Under Georgian Law Personal Bank Accounts in Georgia. What They Are Meant For Where Personal Accounts Create Problems for IE Holders Business Bank Accounts for Individual Entrepreneurs. What Changes The Tax Perspective. Why Account Type Matters A Quick Reality Check for Digital Nomads How Banks and Authorities Actually Judge Your Account Choice VAT T

A complete guide for Georgian Individual Entrepreneurs on converting foreign income to GEL for tax filings. Learn how to apply the Revenue Service Georgia exchange rate, how to declare payments from foreign clients, and how to stay compliant with the 1 percent Small Business Status.

A complete guide to tax optimization for crypto mining in Georgia. Learn when mining is taxed at 0 percent in Free Industrial Zones, when LLC mining is taxed at 15 percent, and when small scale IE mining may qualify for 1 percent turnover tax. Includes VAT rules, SOCF, licensing, and banking compliance.

Table of contents TL;DR. Banking Fees in Georgia for Non-Residents (What Actually Matters) Introduction. Why Non-Residents Misjudge Banking Costs in Georgia What “Banking Fees” Actually Mean for Foreigners in Georgia Account Maintenance Fees. Personal vs Business Reality International Transfers. Where Most Fees Actually Appear SWIFT Transfers. Flexible, Global, and Costly SEPA Transfers. The Quiet Advantage for Europe-Based Clients Fee Comparison Table. SWIFT vs SEPA in Pract

Table of contents Why SOCF Matters More Today Than Ever What SOCF Actually Means Why Georgian Banks Ask for SOCF What SOCF Documents Do Banks and Exchanges Want SOCF Requirements for IEs with 1 Percent Status SOCF for LLCs and Crypto Businesses When SOCF Issues Become a Real Problem How to Prepare Perfect SOCF Documentation How Gegidze Helps You Pass SOCF Requirements Smoothly Frequently asked questions (FAQ) Why SOCF Matters More Today Than Ever If you are active in crypto a

Table of contents A New Crypto Crossroads The Perfect Position Between Europe and Asia A Tax Environment Designed for Crypto Banking That Works for Crypto Founders Leaving Europe and Asia, Why Georgia Is the New Choice The Founder’s Experience: Speed, Simplicity, and Scale The Industries Driving Georgia’s Crypto Boom Case Study: From Berlin to Tbilisi Why Georgia Works for Both European and Asian Founders Why Founders Trust Gegidze The Future: Georgia’s Crypto Ecosystem Is Ju

Table of contents TL;DR. Why This Document Determines Whether Your LLC Works or Fails Introduction. The Document Everyone Ignores Until Control Is Tested What Is an Operating Agreement in a Georgian LLC? Why the Charter Alone Is Not Enough What Happens If You Don’t Have an Operating Agreement? Why Georgian Banks Care About Your Operating Agreement Profit Distribution and Dividends. Why Silence Is Risky Share Transfers and Exits. Where Most Georgian LLCs Break Exit Clauses. Pl

Table of contents TL;DR. Which Regime Is Best for Your Tech Company Introduction. Why Most Tech Founders Choose the Wrong Tax Regime in Georgia A Reality Check. These Two Regimes Are Not Competing Incentives What Virtual Zone Status Actually Is What IT (International Company) Status Actually Is How Banks See These Two Regimes Comparison Table. Virtual Zone vs IT Company Status The Real Cost Difference Edge Cases, Switching Regimes, Audits, and Crypto Reality Switching from Vi

Table of contents TL;DR. How to Pass Georgian Bank KYC Without Delays Why the KYC Call Decides Everything What the Initial Client Interview Actually Is Why Georgian Banks Care So Much About the KYC Call The Source of Funds Question. Where Most KYC Calls Fail KYC for Individual Entrepreneurs and Freelancers KYC for LLCs Registered in Georgia Crypto and Web3 Businesses. Where KYC Gets More Serious Why Tax Alignment Makes or Breaks KYC How Banks Structure KYC Questions. What The

Table of contents: Why Crypto Payroll Is a Hot Topic Is It Legal to Pay Employees in Crypto in Georgia? Payroll Taxes: Employees vs. Contractors How Crypto-to-Fiat Conversion Works The Risks of Paying Directly in Crypto Industry Use Cases Why Georgia Is Attractive for Crypto Payroll How Gegidze Simplifies Payroll Conclusion: The Compliant Way to Pay in Crypto Frequently asked questions Why Crypto Payroll Is a Hot Topic For global companies, paying teams in crypto  is no longe