🇬🇪 Corporate Tax in Georgia

Limited Liability Company (SPS (შპს))

Georgia uses a distribution-based (Estonian-style) corporate tax system. Retained and reinvested profits are taxed at 0%. A 15% corporate income tax applies when profits are distributed as dividends. Virtual Zone companies pay 0% corporate tax and 0% dividend tax on qualifying IT income earned from non-Georgian sources. Small Business status entities pay 1% on annual turnover up to GEL 500,000. VAT is 18% with a registration threshold of GEL 100,000. Personal income tax is a flat 20%, with dividends taxed at 5%. Georgia operates a territorial tax system — foreign-source income earned by non-residents is exempt from Georgian tax.