Freelancers Accepting Crypto Payments: Should You Register in Georgia?
- Tinatin Tolordava
- Nov 20
- 3 min read
Why Crypto Freelancers Are Looking at Georgia
For freelancers and digital workers, getting paid in crypto is fast, borderless, and cost-effective. But here’s the catch: in many countries, declaring those payments creates tax uncertainty or even double taxation. Banks often block transfers, and clients hesitate to pay in crypto if they’re unsure it’s legal.
Georgia is different.
The country has become a crypto-friendly hub with a tax system designed for freelancers and contractors.
If you’re a developer, designer, writer, or Web3 contributor getting paid in crypto, Georgia offers a way to register legally, pay minimal tax, and stay compliant.
Can Freelancers Legally Accept Crypto in Georgia?
Yes. Crypto is legal in Georgia, but it’s not legal tender. That means salaries, invoices, and contracts must ultimately be settled in Georgian Lari (GEL). Direct payments in Bitcoin or Ethereum won’t count as official income unless they’re converted first.
For freelancers, the simple solution is to register as an Individual Entrepreneur (IE) in Georgia. Once registered, you can invoice clients worldwide, accept crypto, convert it into GEL, and pay taxes at extremely low rates.
The Tax Advantage for Freelancers
Here’s where Georgia shines. Once registered as an IE with Small Business Status, freelancers can qualify for:
1% turnover tax on annual earnings up to GEL 500,000 (about $185,000).
Simple monthly tax filing, managed online.
No VAT on crypto-to-fiat conversions.
No capital gains tax on trading crypto personally.
That means if you earn $100,000 from global clients in crypto, your effective tax bill in Georgia could be as little as $1,000 per year. Compare that to 20–30% income tax in many Western countries, and the savings are obvious.
Why Register Instead of Staying Informal?
Many freelancers think they can accept crypto payments privately and skip the paperwork. But this creates risks:
Banks may block transfers if you try to cash out crypto without proper records.
Clients prefer contracts with registered entities for compliance and trust.
Tax authorities in your home country may demand higher taxes without treaty protection.
Registering in Georgia gives you legal invoices, bank accounts, and recognized tax filings, making your crypto income official while still keeping your tax rate ultra-low.
How Gegidze Helps Freelancers
Setting all this up alone can be tricky if you’re not in Georgia. That’s where Gegidze crypto services come in.
Remote IE registration: Get your Individual Entrepreneur status set up online.
Bank account in 3–5 days: No need to visit Georgia or issue a Power of Attorney.
Crypto-to-fiat conversion: Payments processed at 1.2–1.5% rates, lower than most exchanges.
Compliance handled: AML/KYC, tax filings, and paperwork managed so you can focus on work.
For freelancers working with DAOs, Web3 startups, or international clients, this setup means stable, compliant income and more money kept in your pocket.
Should You Register in Georgia?
If you’re a freelancer earning in crypto and tired of high taxes or banking barriers, the answer is simple: yes. By registering in Georgia, you turn crypto income into official earnings recognized by both banks and clients, while keeping your tax rate among the lowest in the world.
Ready to take your freelance crypto payments to the next level?
Book your free consultation with Gegidze today and register as a freelancer in Georgia. Pay just 1% tax and get a system that works for you, not against you.
Frequently Asked Questions (FAQ)
Can freelancers accept crypto payments legally in Georgia?
Yes. Freelancers can legally accept crypto in Georgia, but payments must be converted into GEL to be recognized as official income. By registering as an Individual Entrepreneur, freelancers can issue invoices, open bank accounts, and stay compliant.
What tax rate applies to freelancers earning in crypto in Georgia?
Freelancers with Small Business Status pay just 1% turnover tax on annual earnings up to GEL 500,000. This makes Georgia one of the most tax-friendly jurisdictions for crypto freelancers compared to 20–30% rates in many other countries.
Do freelancers need to live in Georgia to register?
No. Freelancers do not need to relocate. With Gegidze, you can register as an Individual Entrepreneur remotely, open a Georgian bank account within 3–5 days, and process crypto-to-fiat conversions legally at competitive rates.
