Georgia Tax Rates
Georgia operates a flat 20% personal income tax rate and a 15% corporate tax rate with a unique 'Estonian model' of corporate taxation where profits are taxed only upon distribution. VAT is 18%. Georgia has gained a reputation as one of the most business-friendly and low-tax jurisdictions globally, ranking consistently high in ease of doing business. The country has become a major destination for digital nomads, entrepreneurs, and tech workers.
Top Income Tax Rate
20%
Corporate Tax Rate
15%
VAT / Sales Tax
18%
Capital Gains Tax
20%
Detailed Tax Information
Income Tax Brackets
Georgia imposes a flat 20% personal income tax. Residents are taxed on worldwide income while non-residents are taxed on Georgian-sourced income at 20%. Small business status (annual turnover up to GEL 500,000) provides a flat 1% turnover tax option, making Georgia extremely attractive for freelancers and small entrepreneurs. Individual entrepreneurs in certain sectors may also benefit from special regimes.
| Income Range | Tax Rate |
|---|---|
| ₾0+ | 20% |
Corporate Tax
Georgia adopted the 'Estonian model' of corporate taxation in 2017, where corporate profits are taxed at 15% only when distributed as dividends, reinvested profits, or used for non-business expenses. Retained earnings reinvested in the business are not taxed, incentivizing reinvestment. The effective tax on distributed profits is approximately 15/(100-15) = 17.65% gross-up equivalent.
Standard Rate
15%
Capital Gains Tax
Capital gains for individuals are subject to the flat 20% income tax. Notable exemptions include gains on residential property held for 2+ years and gains on listed securities. Corporate capital gains are only taxed upon distribution under the Estonian model.
Rate
20%
VAT / Sales Tax
Georgia's VAT is 18% on the supply of goods and services. Exempt supplies include financial services, education, healthcare, and residential property. Exports are zero-rated. The threshold for mandatory registration is GEL 100,000.
Standard Rate
18%
Cryptocurrency Tax
Georgia does not specifically tax cryptocurrency for individuals. Since Georgia does not tax most capital gains on financial instruments and crypto is not specifically categorized, individual crypto gains are generally not taxed. Companies dealing in crypto would follow the Estonian model (taxed on distribution). Georgia has been very crypto-friendly, with significant mining operations.
Tax Treaties
Georgia has approximately 56 double taxation agreements. The country actively expands its treaty network as part of its strategy to attract foreign investment.
Treaty Network
56
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Georgia
See how much you could save by moving here from your current country.
+$2K
Tax in United States
$24K
24.4% effective
Tax in Georgia
$22K
22% effective
You Save
9.7%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
