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Startups & brands work with us
Pricing and steps
Step 1
Company registration
€650
Required documents
POA
Company Charter
Founders passport copies
Company Founders agreement
Additional Info:
Other documents might be requested but not required
Step 2
Apply for IT Company status
€1500
Requirements
Enterprise registration data
Legal & actual address
Type of permitted activity
Place of rendering services
Date of sumbission of application & signature of authorised representative
Additional Info:
Other documents might be requested but not required
Step 3
Add-On services
Per request
Office address leasing
Translation services
Apostille and notary
Bank account opening
Tax accounting and Bookkeeping
Additional Info:
You can add services based on your individual needs
Tax Category | Regular Company | International Company |
|---|---|---|
Corporate Income Tax | 15% on distributed profits (0% if reinvested) | 5% on distributed profits (0% if reinvested) |
Dividend Tax | 5% on distributed profits (0% if reinvested) | 0% |
VAT | 18% (0% if customers are outside Georgia) | 0% (beneficial for serving clients outside Georgia) |
Personal Income Tax | 20% on employee gross salary | 5% on employee gross salary |
Pension Contribution | 4% of gross salary for Georgian residents | 4% of gross salary for Georgian residents |
Property Tax | 1% | 0% on assets used for qualifying activities |
Eliminate your tax burden
Keep more of your earnings and save even more if your property is used for qualifying IT activities.
Accelerate your growth without tax penalties.
Distribute profits to investors tax-free.
Lower your payroll costs compared to most countries.
Fundamentals | Details for Georgia (International Company Status) |
|---|---|
Type of company | IT and Maritime sectors with at least 2 years of experience |
Corporate Income Tax | 5% on distributed profits |
Dividends Tax | 0% |
Tax withholding on employee income | 5% + standard pension contributions |
Property Tax | 0% on property intended for permitted activities (except land) |
VAT on services | Standard 18% but exemptions for B2B services and potential refunds |
Residency or citizenship requirement | No, but presence in Georgia is required |
Enterprise must be operated in Georgia | Yes, must have a physical presence in Georgia |
Registration as a Georgian enterprise | Required for International Company Status |
Physical substance in Georgia | Necessary, including basic income-generating activities and qualified human resources |
Potential revocation of status | If non-permitted activities generate more than 2% of revenue |
Testimonials
When working with Gegidze Agency, we experienced a highly professional setup, fast and reliable communication, and high-quality service. We can only recommend working with Gegidze Agency and looking forward to future corporations ourselves.
Kester Bischoff
CEO
Germany
it’s never just the product or the service, it’s the people behind it. We’ve had great communication between our internal teams and Gegidze. We’ve found that our cultures, values and ideas are often similar and that makes it easy to communicate in the best way.
Maria Eelmets
Talent Acquisition Lead
Estonia
Requirements for International
Company Status
Eligible Activities
Focus on IT services like software development, web services, computer game development, and more.
Experience
​At least 2 years of proven experience in the IT sector.
Income Focus
Primary income, more than 98%, must come from qualifying IT activities outside of Georgia
What we offer
Expert Registration & Setup
We handle the details, ensuring a smooth launch and compliance with Georgian regulations.
Strategic Tax Optimization
Maximize your tax benefits within Georgian law and minimize your liability.
Banking & Financial Support
Simplify account setup, streamline your finances, and get insights for efficient operations.
Legal & Compliance Specialists
Protect your interests and avoid compliance headaches with expert guidance on Georgian regulations.
How it works?
We discuss your goals and how Georgia fits into your growth plan
We handle filings, paperwork, and secure necessary approvals
We map out your registration, tax, and compliance strategy
You get set up with banking, and receive ongoing legal, and financial support
Blog
Read more about the tax system and benefits in Georgia
Welcome to our comprehensive guide on hiring employees remotely in Georgia for 2024. As the world of work continues to evolve, remote hiring has
We have got something that’s going to change the way you think about hiring, ever imagined finding the perfect team member as easily as shopping online?
Are you a business looking to expand your operations in the Caucasus region? Companies explore new opportunities in different areas as the global market becomes increasingly interconnected.
FAQ
How can I register a company in Tbilisi, Georgia?
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Are non-resident incomes taxed in Georgia?
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What is the income tax rate in Tbilisi, Georgia?
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What constitutes an international company in Georgia?
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Why is Georgia considered for business incorporation?
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What are the requirements to achieve international status for a company in Georgia?
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Tax Incentives for International Companies in Georgia
To attract international businesses, Georgia offers a special tax regime for eligible companies. Let's compare the taxes for a regular Georgian company versus one with International Company (IC) status: