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Join date: Nov 5, 2022
Posts (62)
May 7, 2026 ∙ 10 min
VZS vs. Int. company: The Definitive Tax Comparison for Georgian IT Companies
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 employment and payroll...
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Mar 25, 2026 ∙ 11 min
Zero Declaration Filing: When and How IEs Must File Monthly Reports with No Income
Table of contents TL;DR – Zero Declaration Filing in Georgia No Income Does Not Mean No Responsibility What Is an Individual Entrepreneur in Georgia? How Georgia Tax Residency Connects to Reporting What Is a Zero Declaration? How Zero Declaration Fits into Georgia’s Tax System Step-by-Step: How to File a Zero Declaration Common Mistakes That Lead to Penalties Special Cases That Require Attention Why Zero Declarations Matter for Your Future Penalties and What Actually Happens If You Don’t File...
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Jan 9, 2024 ∙ 10 min
Your Guide to Employer of Record & Payroll Services in Turkey 2024
Table of Content Building a remote team? Employer of record in Turkey Turkey at a glance Employment in Turkey Grow your team in Turkey...
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Valerian Gegidze
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