Georgia

Tax residency in Georgia is generally triggered by physical presence exceeding 183 days in a calendar year. The country operates on a territorial basis: income sourced abroad is not subject to local income tax for residents, making it particularly attractive for individuals with cross-border income streams. No statutory CFC rules apply, which can facilitate the use of foreign holding structures without automatic income attribution.

Virtual Zone status: 0% CIT + 0% WHT on IT services to non-Georgian clients. Individual Entrepreneur regime: 1% tax up to GEL 500,000. Foreign-source income exempt. EU visa-free. Up to 1 year visa-free for most nationalities.

The standard corporate income tax rate is 15%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Account opening in Georgia can be challenging for foreign nationals or non-resident businesses, and enhanced due diligence is common practice. Internet connectivity is generally good, with consistent broadband availability in business districts and main population centres.

Georgia is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Based on our scoring model, Georgia ranks highest for Founder / Entrepreneur and Freelancer. It offers a strong proposition for founder / entrepreneur (score: 79/100). It offers a strong proposition for freelancer (score: 78/100).