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
Why Virtual Zone status in Georgia?
Financial/Operational Details | Without Special Status | With Special Status |
|---|---|---|
Corporate Income Tax | 15% | 0% |
VAT | 18% | 0% |
Dividend Tax | 5% | 5% |
Export Tax | Applicable | 0% |
Annual License Fees | Yes | No |
Certification CostCertification Cost | Paid | Free |
What do you need to obtain
Virtual Zone in Georgia?
Have an LLC registered right here in Georgia.
Do most of your business with clients based outside Georgia.
Maintain a physical office and staff in Georgia.
Be a legal entity with a focus on IT services or tech development.
Benefits of Virtual Zone Status
Tax Efficiency
Enjoy 0% tax on profits derived from foreign sources, making it an ideal setup for software development, web hosting, and IT consulting firms.
Global Competitiveness
Enhance your competitive edge in the international market with reduced operational costs
Ease of Doing Business
Benefit from Georgia's business-friendly policies, including straightforward registration processes and minimal bureaucratic hurdles.
Fundamentals | Details for Georgia (Virtual Zone Status) |
|---|---|
Type of company | IT companies providing services/products to foreign non-resident clients |
Corporate Income Tax | 0% on profits earned from supplying IT services/products outside of Georgia |
Dividends Tax | 5% capital gains tax on dividends when distributed to shareholders |
VAT | 0% on products/services delivered outside of Georgia |
Property Tax | Exemptions available under certain conditions |
Export Tax | 0% export tax on exports leaving the Georgian customs territory |
Requirement for Georgian-based IT employees | To benefit fully from tax rates, utilization of Georgian-based IT qualified employees is recommended |
Revocation of Virtual Zone Status | If International Company Status (ICS) is obtained, Virtual Zone Status will be revoked |
Benefits | No annual license fees, simplified tax reporting, potential tax credits for certain expenses |
Administration | Simplified administration and no need for a local director |
Physical Presence | Not necessary, the company can be managed remotely |
Ownership | 100% foreign ownership allowed |
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
What we offer
Expert Guidance
Our team guides you through every step, from figuring out if you're eligible to getting your LLC set up the right way.
Tailored Solutions
We offer customized solutions based on your business model, ensuring you get the most out of your Virtual Zone LLC.
Ongoing Support
From initial setup to continuous compliance, we are your partner in navigating the Georgian business landscape.
How it works?
We manage company registration paperwork
We handle the application process for IT Virtual Zone status
We take care of document legalization
You secure the virtual zone status and operate with full compliance
Blog
Get Interesting stories about people, projects, and career opportunities directly to your mailbox
Country Georgia has caught the eye of the crypto world. Its low electricity prices, government openness to crypto, and special zones offering tax breaks create a buzz among miners, traders, and crypto-focused businesses.
Georgia isn't only attracting big investors anymore. In the past decade, it's become a launchpad for startups, freelancers...anyone with ambition and a good idea.
Georgia's Virtual Zone Status (VZS) is a tax incentive program established in 2011 to foster the growth of the country's information technology sector.
FAQ
What exactly is the Georgian Virtual Zone?
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Who is Eligible for Virtual Zone Status?
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How do I get Virtual Zone status for my IT company?
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What are the specific tax advantages of a Virtual Zone company in Georgia?
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How long does it take to get Virtual Zone status?
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