Company Setup in Georgia — Low Tax, Low Bureaucracy, Fully Remote

What you get#

Four structures that cover most foreign professionals' Georgian company-setup needs. Each one designed for a specific operational profile — solo professionals, IT companies exporting abroad, IT or maritime operations with operating history, physical-goods operations in industrial zones.

Concrete tax positions: 1% turnover tax under Small Business Status. 0% corporate tax on qualifying IT income from foreign clients under Virtual Zone status. 5% corporate tax + 0% dividend withholding under International Company status. 0% across corporate tax, VAT, import duties, and property tax inside Free Industrial Zones.

No Georgian residency required to own or operate any of these structures. Most foreign founders never set foot in Georgia for the setup itself.

What we do#

We register your Georgian company end-to-end remotely through Power of Attorney — National Agency of Public Registry filing, Revenue Service registration, legal address provision, and bank-account-ready documentation. For special-status structures (Virtual Zone, International Company, Free Industrial Zone), we also handle the regulator-side approval after the underlying entity is registered.

What's included#

Structure recommendation based on your operational profile
Eligibility check against current statutory requirements
Full company registration via Power of Attorney
Bank-account-ready documentation pack

The four structures we set up#

Individual Entrepreneur — from €840#

1% turnover tax under Small Business Status, applicable up to 500,000 GEL annual turnover. Solo professionals, freelancers, IT contractors, consultants. Single-owner structure with no shareholder agreement and a simplified turnover declaration.

Virtual Zone LLC — from €2,625#

0% corporate tax on qualifying IT income exported to foreign clients. 0% VAT on services exported outside Georgia. 5% withholding on dividend distributions when funds leave the company. For IT companies with foreign clients — software development, web services, IT consulting. Requires Ministry of Economy approval after the underlying entity is registered.

International Company Status — pricing on request#

5% corporate tax + 0% dividend withholding + 5% personal income tax on qualifying employee salaries. Restricted to IT and maritime sectors per Resolution 619. Requires 2 years of operating history and Ministry of Finance approval. For established operations restructuring their tax base or for B2B staffing decisions placing IT teams in Georgia.

Free Industrial Zone — pricing on request#

0% across corporate tax, VAT, import duties, and property tax for qualifying activities inside one of four zones (Tbilisi, Kutaisi, Poti, Hualing). For physical-goods operations — manufacturing, processing, logistics, trading. Substance and operational footprint required inside the zone.

Read more about Free Industrial Zone →

Not sure which fits?#

Solo professionals start with IE under Small Business Status. IT companies with foreign clients land at Virtual Zone LLC. Established IT or maritime operations with 2+ years of operating history fit International Company Status. Physical-goods operations sit in a Free Industrial Zone.

See Compare structures for a side-by-side. Itemised pricing and government fees live on /pricing/company-setup.

Why Happy Georgia#

Independent advisory. No tied banks, no referral fees, no hidden product placement. We recommend what fits your situation, not what pays us a kickback.

Foreign clients only. Our entire practice is foreigners setting up in Georgia. We understand the tax-treaty questions a Berlin freelancer asks, the source-of-funds documentation a Tel Aviv contractor needs, the home-country reporting a Singapore consultant has to keep clean.

Fixed pricing, no tourist tax. The same rate for foreign and Georgian clients. We quote in EUR, we honor the quote, no surprises later.

Trusted by clients across Western Europe, Israel, the UK, Singapore, and beyond.

Frequently asked questions#

Can I set up a Georgian company entirely remotely?#

Yes for all four structures via Power of Attorney. You sign the PoA in your home jurisdiction; we handle the Georgian-side filings and meetings on the ground. Standard timelines: 7-14 working days for IE; 14-30 working days for LLC structures; 30-60 working days for special-status approvals (Virtual Zone, International Company).

Do I need to live in Georgia to own a Georgian company?#

No. None of the four structures require Georgian residency or physical presence. Foreign individuals own and operate Georgian companies from their home countries. Tax-residency questions (whether owning the company creates Georgian tax-residency obligations for the owner) are separate from company ownership and depend on the owner's individual situation.

Can I switch structures later?#

Yes, in most cases. Switching from IE to an LLC structure is common as turnover scales beyond the Small Business Status threshold. Switching between LLC special statuses (to Virtual Zone or to International Company) requires meeting the new regime's eligibility criteria and applying for the relevant status. We handle structure migrations as part of ongoing engagement.

How does company setup interact with banking and residency?#

Most foreign founders sequence Company Setup first, then Banking (corporate account requires a registered entity), then Residency if applicable. IE registration creates the basis for work-residence-permit application via Article 15(a). Tax residency of the owner is independent of the company's tax position. We map sequencing in the free consultation.

Why Georgia and not Estonia, Cyprus, or UAE?#

The IE 1% rate is the cleanest solo-professional structure in Europe. Virtual Zone's 0% corporate tax on qualifying IT income exported abroad runs lighter on administrative overhead than Estonia's e-Residency LLC. International Company Status delivers a 5% corporate rate without the minimum-employee thresholds other jurisdictions impose. The right comparison depends on your specific operational profile — we map yours in the free consultation.

Ready to set up#

A free consultation maps your operational profile to the right structure, confirms the timeline and government fees, and sequences the registration end-to-end through Power of Attorney. If a different jurisdiction fits your situation better than Georgia, we tell you.

Set up your business in Georgia. Properly.