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Table of contents TL;DR Understanding International Company Status (ICS) What is International Company Status (ICS)? ICS Eligibility Requirements: The 2-Year Operational History Rule Local Staff Requirement for ICS Qualification Permitted Activities: Defining Your Business Operations in Georgia What Happens if Your Business Activity Changes? Applying for ICS Status: Step-by-Step Process How Gegidze Can Help You Navigate ICS Requirements A Powerful Tax Advantage for IT and Mar

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

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: 1% IE vs 5% LLC in Georgia Introduction The 1% Model: What an Individual Entrepreneur in Georgia Really Is The 5% LLC Model: Understanding the Georgia Corporate Structure When the 5% LLC Makes More Sense Than 1% VAT Georgia: Where the Real Strategic Difference Appears Banking: IE vs LLC in Practice Cost Comparison: Setup and Ongoing Expenses Georgia Tax Residency: Does It Change the Answer? The Strategic Question Scenario 1: The Solo Remote Freelancer

Table of contents TL;DR How Georgia's special tax regimes work Micro business status: 0% tax for the smallest operators Small Business Status (SBS): the georgia 1% tax regime Virtual Zone status: 0% CIT for IT companies Fixed tax regime: sector-specific flat rates Choosing the right regime: a decision framework Compliance obligations across regimes Common mistakes and how to avoid them How Gegidze helps Final thoughts Frequently asked questions (FAQs) TL;DR Georgia has four m

TL;DR Georgian IT companies have two main preferential regime options: Virtual Zone status (VZS) and the International Company regime. Both offer significant tax advantages — but they are not interchangeable. VZS gives 0% corporate income tax and 0% VAT on qualifying IT export income. It has no employment requirements and works for lean, foreign-facing IT companies. The International Company regime gives 5% corporate income tax on qualifying income. It imposes minimum employm

TL;DR Georgia Virtual Zone status (VZS) gives Georgian LLCs 0% corporate income tax on qualifying IT export income. SaaS companies can access this, but the income must be correctly structured and documented. SaaS subscription revenue from foreign clients qualifies as IT service income under VZS, provided the product is developed or maintained by the Georgian entity. Software license fees qualify when tied to the company's own intellectual property. Sub-licensing third-party s

Table of contents TL;DR. Free Industrial Zones in Georgia Explained Why Free Industrial Zones in Georgia Are Quietly Attracting Global Businesses What Is a Free Industrial Zone in Georgia? Major Free Industrial Zones in Georgia The Core Tax Advantage: How the 0% Tax Strategy Works VAT Georgia and Free Industrial Zones Why the Legal Structure Matters Banking and Compliance for FIZ Companies What Types of Businesses Actually Qualify for Free Industrial Zones? How a FIZ Company

Table of contents TL;DR – International Company Status (ICS) in Georgia Introduction: Why Georgia Is Becoming the Go-To Destination for IT and Maritime Firms Who Can Apply for International Company Status? ICS vs Other Business Structures in Georgia How to Apply for International Company Status in Georgia What About VAT? Understanding ICS VAT Implications Revocation of ICS Status: What You Need to Know How Gegidze Can Help You Apply for ICS The Smart Choice for IT and Maritim

Table of contents TL;DR – Permanent Establishment (PE) Risk Mitigation for Remote Teams Introduction: The Hidden Tax Risk of “Just Working From Your Laptop” What Is Permanent Establishment (PE)? How Does Permanent Establishment Affect Your Foreign Business? Key Triggers of Permanent Establishment Risk for Remote Teams Structuring Your Remote Team to Mitigate PE Risk Compliance and Documentation: Keeping Records to Protect Your Business Real-World Examples: PE Risk in Action H

Table of contents TL;DR. Introduction Why Reverse-Charge VAT Is the Quiet Cost of “Low-Tax Georgia” What Is Reverse-Charge VAT in Georgia? Who Must Apply Reverse-Charge VAT in Georgia What Counts as an “International Service” Under Georgian VAT Rules Reverse-Charge VAT vs VAT Registration in Georgia How Reverse-Charge VAT Works in Practice: Step by Step Reverse VAT for Non-VAT-Registered Businesses. The Costly Trap Why Reverse VAT Is a Banking and Compliance Issue Reverse-Cha

Table of contents The Confusion Around “Business Expenses” in Georgia How Georgia’s 1% Small Business System Actually Works Why the 1% Turnover Tax Has No Expense Deductions Why Tracking Expenses Still Matters When Expense Deductions Become Available Common Myths About Deducting Expenses in Georgia Transition Planning: From 1% IE to LLC Mistakes IEs Make When Handling Expenses The Transition Threshold: When to Upgrade to LLC Preparing for Audits and Record Requests How Gegidz

Table of contents TL;DR Introduction The Tax Rate Nobody Wants to Pay How Georgia's Small Business Status Actually Works What Happens at 500,000 GEL: The Three Scenarios Legal Ways to Manage Your Turnover and Stay at 1% The 3% Rate: When It Applies and How Long You're Stuck With It The LLC Option: What Changes and What Gets Better The Virtual Zone Option: When Your Work Qualifies for 0% Common Mistakes Individual Entrepreneurs Make Around the Threshold How Gegidze Helps Indiv

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

Introduction Georgia's Virtual Zone status is one of the most powerful tax structures available to IT companies anywhere in the world. Zero percent corporate tax on foreign-sourced income. Zero VAT on exported services. No complex international reporting. For the right type of business, it is genuinely transformative. But it comes with conditions. And those conditions are not optional. Miss a monthly declaration. Let your certificate expire. Accept a payment from a Georgian c

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 Introduction Why Choose IT International Status in Georgia? How to Apply for IT International Status Remotely Key Benefits of IT International Status Choosing the Right Corporate Structure in Georgia Next Steps: Get Started with IT International Status in Georgia Frequently asked questions (FAQ) Introduction Are you an IT entrepreneur or remote worker looking for a tax-friendly country to establish your business? Georgia offers a fantastic opportunity to app

Table of contents TL;DR Introduction Why Monthly Compliance in Georgia Is Where Most Businesses Fail Two Business Structures. Two Different Compliance Calendars Individual Entrepreneur in Georgia. How Monthly Compliance Actually Works Monthly Obligations for Individual Entrepreneurs in Georgia VAT Obligations for Individual Entrepreneurs in Georgia Individual Entrepreneurs Without Activity. What You Still Must Do Georgian LLC. A Different Compliance Calendar Entirely Monthly

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: Virtual Zone Status in Georgia in 2026 Introduction What Virtual Zone Status Actually Is (And What It Is Not) The Foundation: Why Virtual Zone Status Only Works With an LLC Dividend Tax Under Virtual Zone Status: What Happens When You Distribute Profits? The Core Rule: 0% Corporate Tax Applies to Foreign-Sourced IT Income What Qualifies as IT Activity Under Virtual Zone Status The Practical Process: From LLC to Virtual Zone Approval What Taxes Still A