TPsolution’t note: We present to you the latest methodical guidance of the Revenue Service on the taxation of Virtual Zone Persons (VZPs). Note that the… Read More »The methodical instruction on the taxation of the profit tax of the person of the virtual zone
Details of the HNWI Tax Residency Rule in Georgia (criteria, procedures, documents, timings, benefits, and tax consequences) Introduction: The below article is written by Georgian… Read More »Georgia-a country providing relatively easy criteria for High-Net-Worth Individuals (HNWIs) to become tax residents
It is possible to open a personal bank account in Georgia as a foreigner remotely, without visiting the country. In this article, I will provide details about… Read More »How to Open a Personal Bank Account in Georgia remotely
When is income from employment taxable in Georgia? Income from employment is taxable at 20% in Georgia either at source if the employer is a… Read More »When is salary income taxable in Georgia and at what rate?
How to comply if your Georgian business is not active every month of the year? Tax and Financial Reporting in Georgia Active Georgian businesses (e.g.,… Read More »Monthly / Annual Tax Reporting Obligations in Georgia (the country)
A new guideline from the Georgian Revenue Service regarding taxation of Virtual Zone Persons in Georgia A few days ago, the Georgian Revenue Service (GRS)… Read More »New criteria must be met by Virtual Zone Persons to enjoy corporate income tax exemption in Georgia
Advantages of doing business in the country of Georgia and available professional accounting services Georgia-low tax country with easiness of doing business and certain tax… Read More »Advantages of doing business in the country of Georgia and available professional accounting services
The article was initially published by Gela Barshovi on Forbes Georgia Transfer Pricing rules applicable in Georgia (in brief) Georgia is one among few developing… Read More »Transfer Pricing (TP) law in Georgia (Country)
The article was initially published by Gela Barshovi on Forbes Georgia Foreigner source income is tax exempted for individuals in Georgia. What is the real… Read More »Territorial taxation for individuals in Georgia
GEORGIAN TAX TABLE: Tax category Rate Tax base Reporting period Remarks Corporate Income tax in Georgia 15% Gross amount of distributed dividend divided by 0.85… Read More »Tax rates in Georgia (country) as well as reporting periods are provided in the table below:
