Blog

Table of contents Zero Declarations and IE Why a Zero Declaration Exists What Happens If You Skip a Zero Declaration Who Must File a Monthly Zero Declaration Why Zero Declarations Are Key for Georgian Tax Residency Common Mistakes to Avoid Why Monthly Zero Declarations Matter for Foreign Clients and Banking How Gegidze Helps You Stay Fully Compliant Frequently Asked Questions (FAQs) Zero Declarations and IE Even when your Individual Entrepreneur (IE) has no income for the mon

Table of contents Power of Attorney (POA) for Remote IE Setup Why You Need a POA for Remote IE Registration Checklist: Documents You Must Prepare Steps for Issuing a POA for IE Registration How Gegidze Makes the Process Smooth Frequently asked questions (FAQs) Power of Attorney (POA) for Remote IE Setup Setting up an Individual Entrepreneur (IE) in Georgia is fast, but many foreigners prefer to complete the process remotely. The easiest way to do that is by granting a Power o

Table of contents Why Double Taxation Treaties Matter More Than You Think What a Double Taxation Treaty Really Does How Georgian IEs Qualify for Treaty Protection How Foreign Authorities Try to Tax Georgian IEs Country-by-Country Guide: How DTTs Affect Georgian IEs European Union Countries Eastern Europe and the Baltics United Kingdom United Arab Emirates Turkey Israel How to Use a Double Taxation Treaty Step by Step Common Mistakes Georgian IEs Make With DTTs How Double Tax

Table of contents The Hidden Perks of Georgia’s Tax System Understanding How Georgia Taxes Income The Main Categories of Tax-Free Income in Georgia How Tax-Free Income Interacts with Small Business Status Common Misunderstandings About Tax-Free Income How Gegidze Helps You Stay Compliant While Maximising Exemptions The Bigger Picture: Georgia’s Fair, Transparent Tax Philosophy Frequently Asked Questions (FAQs) The Hidden Perks of Georgia’s Tax System Georgia is known worldwid

Table of contents Why a Business Address Matters More Than You Think What “Substance” Really Means in Georgia Why You Need a Registered Address to Open a Bank Account Legal Address vs. Virtual Address: What’s the Difference? How a Virtual Address Strengthens Substance What Happens If You Don’t Have a Valid Address Compliance Requirements from the Revenue Service Georgia International Implications of “No Substance” What Makes a Good Virtual Address Provider How a Virtual Addre

Table of contents Why FATF Compliance Matters for Georgia’s Crypto Sector Understanding FATF and Its Role in Crypto Regulation How Georgia Adopts FATF Standards Georgia’s Legal Status of Crypto Who Needs to Register as a VASP in Georgia Core FATF Compliance Obligations for Georgian Crypto Businesses FATF’s Travel Rule: The Next Step for Global Compliance Georgia’s Advantage: Compliance Without Complexity Common Compliance Pitfalls and How to Avoid Them FATF Compliance in Acti

Table of contents What “Georgian Source Income” Really Means Why This Matters for the 1% Small Business Tax Examples of Georgian-Source Income What Doesn’t Count as Georgian-Source Income How to Prove Georgian Source Why Gegidze Helps You Stay Eligible The Bottom Line What “Georgian Source Income” Really Means When you register as an Individual Entrepreneur (IE) in Georgia, the main reason is clear, the 1% Small Business Status. It’s simple, legal, and incredibly efficient. Y

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 The Hidden Tax Risk of Working Abroad What Is Permanent Establishment (PE)? How Georgian Tax Residency Works When Working from a Third Country Creates PE Risk Double Tax Treaties: Georgia’s Global Tax Shield Practical Steps to Avoid Permanent Establishment Risk Example Case Study: The Freelancer in Trouble What Happens If You Accidentally Create a Permanent Establishment How to Claim Tax Relief Through Double Tax Treaties Comparing Popular Regions: Where Geo

Table of contents Why the 500,000 GEL Limit Matters Understanding the 500,000 GEL Rule Why Transitioning to an LLC Is the Smart Move Step-by-Step: How to Transition from IE to LLC in Georgia Tax Considerations During the Transition Common Mistakes When Switching from IE to LLC Cost Breakdown of Transitioning from IE to LLC Why LLCs Are the Growth Engine of Georgia’s Business Ecosystem Timing Your Transition to Avoid Tax Problems Example Scenario: The Smart Transition How Gegi

Table of contents Why Small Business Status Matters Understanding Georgia’s Small Business Status The Main Restrictions: Activities That Disqualify You Common Mistakes That Lead to Losing Small Business Status What Happens When Your Status Is Revoked How to Stay Compliant and Protect Your 1% Status How to Correct Mistakes if You Lose Small Business Status Examples of Businesses That Qualify for 1% Small Business Status Industries That Commonly Cause Confusion Penalties for No

Table of contents The New Reality of iGaming Payments A Legal Framework That Welcomes Both Crypto and iGaming FATF Compliance and Legal Crypto Payments How Crypto Payments Work in Georgian iGaming Real Use Cases: How iGaming and Crypto Thrive Together in Georgia Smooth Payments: How Gegidze Makes Crypto iGaming Easy FATF Compliance Without the Headache Why Georgia Outperforms Other iGaming Jurisdictions The Founder’s Advantage: Building Fast, Paying Smoothly Gegidze: Your All

Table of contents: Two Small Countries, One Big Question for Crypto Founders Legal Recognition of Crypto: The Core Difference Company Registration: Simplicity vs. Bureaucracy Tax Systems: The Deciding Factor Payroll and Contractor Tax VAT and Crypto Transactions Banking and Crypto-Fiat Integration Compliance: Stricter in Estonia, Simpler in Georgia Industry Use Cases: Who Gains the Most in Each Country A Founder’s Real-World Comparison Why Georgia’s Tax Regimes Outperform Est

Table of contents: Why Web3 and DAOs Need a Legal Base Are DAO and Web3 Payouts Legal in Georgia? Tax Options for DAO Contributors in...

Table of contents: Why Georgia Catches the Eye of Global Founders Can You Really Open a Company Without Living in Georgia? Why Founders...

Table of contents: Georgia’s Rise as a Crypto Hub How Georgia Taxes Individuals in Crypto Corporate Tax Rules for Crypto Companies...

Table of contents: Why VASP Registration Matters What Is a VASP in Georgia? Is VASP Registration Mandatory in Georgia? The VASP...

Table of contents Introduction Why Georgia Is Perfect for IT Entrepreneurs How to Open a Business Bank Account in Georgia The IE + Bank...

Table of contents Georgia: The Crypto Business Hub 1. Virtual Zone: Perfect for Crypto Service Providers 2. International Company: A...

Table of contents Wait: 1% tax? That sounds too good to be true. What’s the catch? Who actually qualifies for this? Could I register as a...

Table of contents What To Expect in Autumn in Tbilisi? After Tbilisoba: What’s Next? Autumn Nature: Where I Go to Walk, Run, or Just...

Table of contents Why Georgia is the Ideal Location for Crypto Businesses Legal Requirements for Setting Up a Crypto Business in Georgia...