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Georgia Tax Guide

Europe
Updated January 2025
Sources + last updated

This page includes citations to the sources used for this entry. Always verify with official sources before making decisions.

Personal Tax Score
82/100
Very Tax Friendly
Business Tax Score
85/100
Very Tax Friendly

Personal Income Tax

Tax Residency

Day Threshold
183 days
Note
183 days required for tax residency

Income Tax Rates

Top Marginal Rate
20%
Structure
Flat 20% on Georgian-sourced income

Foreign Income Treatment

System
Territorial
Details
Foreign-source income not taxed unless remitted to Georgia

Investment Income

Capital Gains
0%
Dividends
5%
Interest
0%

No capital gains tax on securities for individuals


Wealth & Inheritance

Wealth Tax
No - No wealth tax
Inheritance Tax
No - No inheritance tax

Special Regimes

High Net Worth Individual
Special tax regime for wealthy individuals

Practical Notes

Low cost of living. Simplified tax system. Various free trade agreements.

Business & Corporate Tax

Corporate Income Tax

Headline Rate
15%
Effective Rate Note
15% corporate tax; virtual zone IT companies pay 0%
Free Zone / Incentives
Virtual Zone status for IT companies offers 0% corporate tax

Withholding Taxes

Dividends
5%
Interest
5%
Royalties
10%

VAT / GST

Rate
18%
Note
18% VAT

Compliance & Substance

Substance Requirements
Low to moderate
Compliance Friction
Low - business-friendly environment

Notable Regimes

  • Virtual Zone IT regime
  • Free Industrial Zones

Data Sources

Last updated: January 2025. Always verify with official sources before making decisions.

FAQ

What is the personal income tax rate in Georgia?

Georgia has a top personal income tax rate of 20%. The tax structure is: Flat 20% on Georgian-sourced income. See the detailed breakdown above and verify with official sources.

Do I need to pay tax on foreign income in Georgia?

Georgia uses a territorial system for foreign income. Foreign-source income not taxed unless remitted to Georgia

What are the residency requirements for Georgia?

Tax residency in Georgia generally requires 183 days of physical presence. 183 days required for tax residency. Always verify current rules with official sources.

Is there a wealth tax in Georgia?

No, Georgia does not have a wealth tax. No wealth tax

What is the corporate tax rate in Georgia?

The corporate tax rate in Georgia is 15%. 15% corporate tax; virtual zone IT companies pay 0%