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Doing business in Georgia: How to Register as an Individual Entrepreneur in Georgia and pay Just 1% tax

02/02/2024

Are you considering expanding your business horizons and register business in Georgia? Whether you’re a Georgian citizen or a foreigner, the process of registering as an Individual Entrepreneur in Georgia is simpler than you think. In this guide, we’ll explore the key steps and benefits, including the enticing 1% tax rate, making Georgia an attractive destination for entrepreneurs worldwide.

Who can register as an Individual Entrepreneur in Georgia?

Georgia welcomes both its citizens and foreign nationals to register as individual entrepreneurs. Whether you’re a local or a global entrepreneur looking to establish your business in Georgia, Georgia’s business-friendly accommodate everyone.

The 1% tax advantage:

One of the most appealing aspects of registering as an Individual Entrepreneur in Georgia is the favorable tax environment. While the standard income tax is 18%, however, you can easily convert to a small business status, allowing you to pay a mere 1% tax on your monthly income. This attractive tax rate is a significant draw for entrepreneurs seeking a financially advantageous business location.

Registering business in Georgia remotely – No need to visit Georgia:

Imagine registering business in Georgia without even stepping foot in the country. With the convenience of remote registration, all you need is a passport and a power of attorney. Simply provide the necessary documentation to our professionals, and they will handle the registration process for you. It’s that easy to become an entrepreneur in Georgia.

Business operations without residency:

Georgia offers a unique advantage for entrepreneurs who wish to manage their businesses without becoming tax residents. You can run your business smoothly without residing in Georgia, providing flexibility for global entrepreneurs with diverse lifestyle preferences.

Pause or close anytime:

Life is unpredictable, and so are business circumstances. In Georgia, you have the flexibility to pause or close your business entity at any time, ensuring that your entrepreneurial journey aligns with your personal and professional needs.

Affordable and simple accounting:

Navigating through the complexities of accounting can be a challenging task for entrepreneurs. However, accounting in Georgia is relatively cheap and less complicated, further easing the burden on your business operations.

Take the first step – contact us for a free consultation:

Registering business in Georgia is just a step away. Contact us for a free consultation and a personalized quote. Our team of professionals is ready to guide you through the registration process, ensuring a smooth and pleasant experience.

Establish your presence in Georgia’s flourishing business landscape – register as an Individual Entrepreneur in Georgia today!

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