Blog

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

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

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

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 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. Source of Funds for Georgian Bank Approval Why Source of Funds Is the Single Most Important Factor in Georgian Bank Approval What “Source of Funds” Actually Means in Georgia How Georgian Banks Evaluate Source of Funds Internally Source of Funds for Freelancers and Individual Entrepreneurs in Georgia Common Freelancer SOF Mistakes That Delay Approval Source of Funds for LLCs Registered in Georgia Source of Funds and Crypto VAT and Source of Funds Crypt

Table of contents TL;DR. Can You Register an LLC in Georgia Remotely? Can You Really Register an LLC in Georgia Without Being There? What a Power of Attorney Means in Georgia What Can Be Done Remotely. And What Usually Can’t Documents You Actually Need to Register an LLC in Georgia Drafting the Power of Attorney Step-by-Step. How Remote LLC Registration Actually Happens LLC vs Individual Entrepreneur in Georgia Banking in Georgia as a Non-Resident Crypto in Georgia. Where Myt

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 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

Table of contents TL;DR. How Long Bank Account Opening Really Takes in Georgia Why Bank Account Opening in Georgia Feels “Fast” for Some and Slow for Others What “Opening a Bank Account” Actually Includes for Remote Clients Why Simple Tax Structures Speed Up Banking Where Timelines Stretch the Most Realistic Timelines. What Actually Happens Step by Step Typical Timelines by Client Type Which Banks Are Usually the Fastest Common Reasons Timelines Blow Up How to Shorten the Tim

Table of contents Why Crypto Reporting Matters for Georgian Businesses How Georgia Classifies Crypto Income for IEs and LLCs How IEs Must Report Crypto Payments How LLCs Must Report Crypto Payments How to Submit Declarations in the Revenue Service System SOCF Requirements When Cashing Out Crypto to Georgian Banks Common Mistakes IEs and LLCs Make With Crypto Reporting How Gegidze Helps You Report Crypto Income Correctly Frequently Asked Questions (FAQs) Why Crypto Reporting M

Table of contents Introduction: The Rise of Crypto Payroll in Georgia What is Crypto Payroll and Why Is It Gaining Popularity in Georgia? Legal Framework for Paying Employees and Contractors in Crypto in Georgia How to Pay Employees in Crypto: Step-by-Step Guide Tax Implications of Paying Employees and Contractors in Crypto When Is Crypto Payroll Not Suitable? Best Practices for Maintaining Crypto Payroll Compliance How Gegidze Can Help with Crypto Payroll Compliance in Georg