On May 20, the managing partner and tax advisor at TPsolution LLC, Gela Barshovi, conducted a training at the European University. Tax incentives for IT companies in Georgia were...
Georgia provides two separate rules of tax residency: First – The general, so-called 183-day rule. Second – The special rule of tax residency applicable to High-Net-Worth Individuals. Until 15...
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 purpose of the guidance...
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 and international tax adviser...
It is possible to open a personal bank account as a foreigner in Georgia remotely, even without visiting the country. In this article, I will provide some details about the...
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 Georgian tax agent (e.g.,...
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., legal entities, individual entrepreneurs,...
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) published a new guideline...
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 benefits Georgia’s tax rates...
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 countries with quite a...
