A Georgian LLC or JSC offers international entrepreneurs a flexible company structure for domestic and cross-border business activities.
Then setting up an LLC (Limited Liability Company) or JSC (Joint-Stock Company) in Georgia is exactly the right choice for you.
Benefits at a glance:
- Liability is generally limited to the company’s assets
- Incorporation with foreign shareholders is possible
- Suitable for domestic and international business
- Official registration and a Georgian tax number
- Corporate income tax generally applies when profits are distributed and in certain other taxable cases
- Retained and reinvested profits may receive favourable tax treatment
- Personal support with incorporation and document preparation
Note: Tax treatment in your country of residence or tax domicile must be assessed individually.
Virtual Zone status may offer tax benefits to qualifying IT companies if the legal requirements are met.
Benefits at a glance:
- Possible exemption from Georgian corporate income tax for qualifying IT services
- Applies to certain IT services developed in Georgia and provided abroad
- A Georgian company structure that can be used internationally
- Official registration and a Georgian tax number
- Suitable for software development and selected digital services
- Support with applications and document preparation
- Ongoing assistance with accounting and compliance requirements
Note: Tax exemptions and VAT treatment depend on the activity, where the services are supplied, the customer structure, and how the business actually operates.
TBC
BOG
