Get Low Taxes in Georgia

PLEASE DO UNDERSTAND, - YES - YOUR INCOME CAN BECOME TAX FREE.
Are you frustrated with the tax burden in Europe or the United States? Did you know that a tax residency in the country of Georgia can make your income entirely tax free. We are specialists in assisting clients with this exact thing.

Additionally, if you also were to move from Europe or the Unites States, which is not required for the above, anyhow if you were to move to the country of Georgia then this country can offer you a entirely tax free life as all foreign sourced income is tax free. In addition to this you can live here also as an entrepreneur paying 1% tax on Georgian sourced income due to the SBS (Small Business Status) system. This incredible tax system is one of the most favourable in the world. There are actually no tax on foreign sourced income and for LLC’s the tax on dividend is only 5% paid when distributed. Georgia offers a game-changing alternative for American entrepreneurs, freelancers, and businesses. 

With personal and corporate tax rates that significantly undercut European or US standards, the country of Georgia provides the ideal environment to grow your wealth. Georgia consistently ranks among the top 10 most business-friendly countries globally, according to the World Bank's Ease of Doing Business Index. Its very low-tax environment is a significant contributor to this reputation, this combined with very low living costs make Georgia a great alternative for relocation. Georgia is one of the countries with low tax for expats, and whether you’re an entrepreneur, a digital nomad, or a multinational corporation, relocating to the country of Georgia or establishing a business here can lead to incredible tax savings and a higher quality of life, this tax solution if also available for American citizens.

Georgia’s tax system is a game-changer and we at Georgia Business and Residential Law can gladly help you with getting lower taxes.

Move To Georgia for Tax Benefits 

The country of Georgia’s territorial tax system ensures that individuals are taxed only on income sourced within the country. This means that foreign-source income is completely tax-free, making the country Georgia a prime destination for:

  • Digital nomads from the US working remotely for international clients.

  • Expats earning income abroad.

  • Individuals with foreign investments or businesses.

By moving to the country of Georgia, one of the territorial tax system countries, you can legally reduce your tax burden to zero on income earned outside its borders, giving you unparalleled financial freedom. Georgia Business and Residential Law has helped countless individuals take advantage of this exceptional opportunity.

1% Tax for Individual Entrepreneurs in Georgia

The country of Georgia offers an unbeatable deal for small business owners and freelancers, offering 1% tax for entrepreneurs in Georgia:

  • 1% tax on gross turnover for Individual Entrepreneurs (IEs) with annual revenue of up to 500,000 GEL (approximately $165,000 USD).

  • Minimal bureaucracy and a quick registration process.

  • No residency requirement, meaning even non-residents can benefit from this regime.

Whether you’re a freelance designer, tech entrepreneur or other entrepreneur within eligible fields, Georgia’s small business tax system allows you to grow your income without worrying about high taxes. Georgia Business and Residential Law provides end-to-end support in registering as an Individual Entrepreneur and structuring your business to maximize savings.

Tax Advantages for Companies in Georgia

The country of Georgia’s corporate tax framework is designed to foster business growth and attract international investors. Highlights include:

  • 15% corporate profit tax, but only on distributed profits, making it possible to reinvest earnings tax-free.

  • 18% VAT, with generous exemptions that make the system particularly advantageous..

This tax-friendly system provides businesses with the flexibility to scale operations, reinvest profits, and thrive in a competitive global market. Entrepreneurs and investors alike recognize Georgia as an ideal destination for sustainable growth.

Generous VAT Exemptions in Georgia 

One of Georgia’s most attractive features is its extensive VAT exemptions, which significantly reduce the tax burden for businesses. These include:

1.Exported Goods and Services:

  • All exports of goods are VAT-free.

  • Services sold to clients abroad are also exempt from VAT, making Georgia an ideal base for export-oriented service providers such as IT developers, consultants, and creative professionals.

2.International Transport Services:

  • Passenger and freight transport crossing Georgian borders are VAT-exempt, benefiting logistics and shipping companies.

3.Financial and Insurance Services:

  • Transactions involving loans, credit, insurance, and other financial services are VAT-free.

4.Medical and Educational Services:

  • Healthcare providers and educational institutions are exempt from VAT, reducing operational costs.

5.Real Estate Transactions:

  • The sale of land and the leasing of residential properties are VAT-free, making property investments more affordable.

6.Agricultural Products:

  • Unprocessed agricultural goods are VAT-exempt, supporting the farming industry.

7.Machinery and Equipment:

  • Certain essential machinery and raw materials are exempt from VAT, particularly for industries promoting economic growth.

8.Nonprofit Activities:

  • Goods and services provided by nonprofit organizations for charitable purposes are not subject to VAT.

9.IT and Innovation Sectors:

  • Companies with Virtual Zone Status or operating in Free Industrial Zones enjoy additional VAT exemptions.

Businesses navigating these exemptions can rely on Georgia Business and Residential Law to ensure compliance while taking full advantage of Georgia’s tax benefits.

Free Industrial Zones in Georgia

Operating within one of Georgia’s Free Industrial Zones (FIZs) can amplify your tax savings. Businesses in FIZs enjoy:

  • Full tax exemptions on profits and property.

  • A streamlined regulatory environment, cutting down administrative hurdles.

  • Strategic locations such as the Poti, Kutaisi, and Tbilisi Free Industrial Zones for easy access to global markets.

For export-oriented companies and innovative startups, FIZs provide a thriving ecosystem to maximize profitability. Georgia Business and Residential Law offers comprehensive support for businesses establishing operations in these zones.

Your Path to Financial Freedom 

Georgia’s tax system is one of the most favorable in the world, consistently ranked as a top destination for its business-friendly policies and low taxes. However, to fully leverage these benefits, expert guidance is crucial. Georgia Business and Residential Law is here to:

  • Full tax exemptions on profits and property.

  • A streamlined regulatory environment, cutting down administrative hurdles.

  • Strategic locations such as the Poti, Kutaisi, and Tbilisi Free Industrial Zones for easy access to global markets.

For export-oriented companies and innovative startups, FIZs provide a thriving ecosystem to maximize profitability. Georgia Business and Residential Law offers comprehensive support for businesses establishing operations in these zones.

Get Low Taxes With Us

Imagine a life where you retain more of your hard-earned money, invest in your dreams, and grow your wealth without the weight of high taxes. Georgia Business and Residential Law specializes in helping US citizens navigate these opportunities, ensuring compliance with tax laws while maximizing savings. Let us simplify the process and empower you to make the most of Georgia’s unmatched tax system. 

Let us help you take advantage of Georgia’s incredible tax system and transform your financial future. Contact Georgia Business and Residential Law today to learn more on how to avoid high taxes legally!



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