Georgian accounting, run on time while you focus on the business.

What you get#

Reliable Georgian tax compliance run on the monthly rhythm the regulator expects. Monthly filings submitted on time via delegated rs.ge portal access, the year-end reporting that applies to your structure, VAT compliance handled when your turnover crosses the threshold, payroll administration when you hire local staff. The accounting engagement is typically the longest-running relationship in our practice — clients engage from setup completion forward and the monthly rhythm continues year after year while the underlying business grows.

The structure has four other clean properties:

Monthly rhythm without further admin work from your side. Once you're onboarded — Power of Attorney signed delegating rs.ge access, configuration intake complete — the monthly rhythm runs without ongoing administrative work from your side. We file the tax declarations on the regulatory deadlines, monitor compliance, and surface only the operational questions that genuinely need your input. You receive monthly summary confirmations of what was filed and what's coming next.

Pricing scales with operational complexity, not turnover. Simple configurations (IE-zero with no recent activity, or modest IE+SBS revenue) sit at the lower end (€25–50/month). One operating ordinary or Virtual Zone LLC with a standard workload runs €100/month; VAT returns, payroll, multi-entity configurations, FIZ resident companies and IC status holdings are quoted on engagement scope. Pricing reflects the work the configuration requires, not your revenue scale.

Four engagement components, mixed-and-matched per configuration. Monthly accounting (the always-on component for any operating Georgian structure), annual filing (year-end reporting), VAT compliance (when registered or approaching the threshold), payroll/hiring administration (when you have local staff). You can start with one or two and add others as operations grow.

Independent advisory throughout. No tied tax software promotion, no commission for steering you toward unnecessary engagement upgrades. We match the tier to your configuration — a minimal IE with simple foreign-client revenue sits on our lightest tier, and we say so rather than upselling. We tell you when configuration changes warrant a Compliance Review or Tax Consultation rather than just running them through standard accounting.

The combined effect: the operational continuity layer that turns your Georgian setup into a Georgian operation that runs sustainably year after year.

What we do#

The first 30 minutes of any accounting conversation is identifying which engagement components your configuration actually requires.

Step 1 — Configuration intake. We work through your Georgian setup: structure (IE+SBS / LLC / VZ / IC / FIZ), revenue scale, employee count, VAT registration status, banking footprint, residency configuration, prior accounting history. The output is a clear identification of which accounting components are in scope (monthly / annual / VAT / hiring) and the engagement scope for each.

Step 2 — Engagement onboarding via Power of Attorney. You sign a notarised Power of Attorney granting our accounting team delegated rs.ge portal access for tax filings on your behalf. The PoA covers the specific scope of operational filings — tax declarations, VAT returns, financial reporting — without granting broader authority (no banking access, no signing authority for contracts). Onboarding takes 1–2 weeks once the PoA is notarised; we coordinate the apostille chain if needed.

Step 3 — Monthly operational rhythm. Once onboarded, the monthly rhythm runs without further administrative work from your side. Tax filings on the regulatory deadlines, VAT returns where applicable, monitoring of any agency correspondence, and proactive surface of operational questions before they become problems. You receive monthly summary confirmations.

Step 4 — Episodic engagements as needed. Year-end reporting, VAT registration when you approach the 100,000 GEL turnover threshold, payroll setup when you hire local staff, Compliance Reviews when configuration changes warrant, Tax Consultation when forward-looking decisions arise. These weave into the ongoing relationship rather than running as separately scheduled engagements.

What's included#

The accounting pillar covers four engagement components, each described on its respective page:

• Monthly accounting — the always-on component for any operating Georgian structure (the dominant accounting engagement, from €25/month for IE-zero scaling with operational complexity)
• Annual filing — year-end close and the reports or returns that apply to your structure (for example a company's financial statements to SARAS)
• VAT compliance — when registered, when approaching the 100,000 GEL threshold, or when crossing into VAT-relevant configurations (services to foreign customers are often supplied outside Georgia for VAT purposes, depending on the customer and the service; cross-border transactions need VAT-positioning analysis)
• Hiring and payroll — when you have Georgian-paid local staff, including payroll administration, employee tax filings, pension contributions where applicable, and compliance with Georgian employment law

For each component, we quote a fixed monthly rate (Monthly accounting), fixed engagement fee (VAT registration setup, Hiring setup), a fixed quote for annual filing work not already covered by your monthly accounting, or hourly rate where the work doesn't fit a standard package. Pricing detail per component on the respective sub-page and on the Pricing page.

When you need each component#

Monthly accounting. Always in scope for any operating Georgian structure. IE+SBS holders need monthly turnover tax filings (even zero filings have to be submitted); LLC, VZ, IC, FIZ operators need monthly profit tax declarations plus any VAT and payroll work. The "I'll do it myself" path doesn't realistically work for foreign founders unfamiliar with rs.ge — Georgian-language portal, unforgiving deadlines, penalties accumulate fast. Foreign-founder clients typically engage monthly accounting from setup completion forward.

Annual filing. Year-end close and the reporting your structure requires — for example a company's financial statements to SARAS, or an annual income-tax return for an IE outside Small Business Status. Routine year-end work in your monthly scope isn't billed again; anything else is quoted first.

VAT compliance. In scope when:

• You're VAT-registered (your VAT-taxable transactions exceeded GEL 100,000 within 12 consecutive months, or you registered voluntarily)
• Your VAT-taxable transactions are approaching the GEL 100,000 threshold (we monitor and flag the registration trigger before it surprises you)
• Your operations involve cross-border supply chains where VAT positioning matters (where services to foreign customers are supplied for VAT purposes depends on the customer and the service; specific imports and re-exports need VAT analysis)

For typical IE+SBS configurations serving foreign clients, VAT registration often isn't needed. Whether your transactions count towards the threshold depends on who your customers are and what you supply, so we confirm it in the configuration intake.

Hiring and payroll. In scope when you have Georgian-paid local staff. The payroll administration includes monthly payroll runs, employee tax filings (income tax, plus pension contributions where applicable), and ongoing compliance. Most foreign-founder clients don't initially have Georgian staff (the IE+SBS configuration runs solo by definition; LLC operations often start with the foreign founder as sole employee using foreign-paid arrangements). Hiring becomes in-scope when you scale into LLC operational substance with hired staff, when an investment-backed Georgian business hires employees and needs payroll support, or when you bring on Georgian local team for operational reasons.

Why Happy Georgia#

Independent advisory. No tied tax software promotion, no commission for steering you toward unnecessary upgrades. We tell you when a configuration only needs our lightest tier (for example, minimal IE configurations), when you don't yet need VAT registration, when payroll setup isn't yet warranted because your scale doesn't require Georgian staff. The independence shows up in what we don't sell.

Foreign clients only. Our entire practice is foreigners running Georgian companies. Every engagement starts from your own situation: where you live and pay tax, who your clients are, and what you plan to do in Georgia.

Fixed pricing, no tourist tax. Monthly accounting from €25/month at the lower end (IE-zero, simple configurations) to €100/month for one operating LLC with a standard workload, more for larger scopes. Routine year-end work in your monthly scope isn't billed again; other annual filing work is quoted first. VAT registration setup and ongoing VAT compliance separately quoted. Hiring/payroll setup separately quoted with monthly payroll administration on a fixed rate. We quote in EUR, we honor the quote, no surprises later.

Frequently asked questions#

Why do I need monthly accounting if my IE has no income yet?#

Even zero-revenue months require zero-filing submissions through rs.ge. The Revenue Service expects a filing every month from registered taxpayers; missing months accumulate penalties even when no tax is owed. The €25/month IE-zero accounting covers the zero-filing administration plus the deadline tracking plus the annual return preparation — well below the penalty cost of even one missed filing cycle. For active IE configurations generating revenue, monthly accounting handles the 1% turnover tax filings that the Small Business Status regime requires.

How does delegated rs.ge access actually work?#

You sign a notarised Power of Attorney granting our accounting team delegated access to your rs.ge taxpayer account for tax filings, declarations, and VAT returns on your behalf. The PoA covers the specific scope of operational filings — not banking access, not signing authority for contracts, not broader authority. Once delegated, our team logs into rs.ge under your taxpayer ID and submits the filings on the regulatory deadlines. You retain full taxpayer ownership; we operate as authorised filing agent.

What's the relationship between monthly accounting and annual filing?#

Monthly accounting handles the monthly tax declarations on the recurring deadlines (typically the 15th of each month for IE turnover tax; for LLC operations, the monthly profit tax declarations on the same monthly cadence). Annual filing covers the year-end close and the reporting that applies to your structure — there is no single annual return for everyone. Routine year-end work in your agreed monthly scope is included and never billed twice; reports or years outside that scope are quoted before work starts.

When does VAT registration become mandatory?#

When your VAT-taxable transactions exceed GEL 100,000 within any 12 consecutive calendar months (not just a calendar year). Which of your transactions count depends on where your services are supplied for VAT purposes — services to foreign customers are often outside Georgian VAT, but that depends on the customer and the service, so we check it for your situation. We monitor the threshold for active clients and flag the registration trigger 1–2 months ahead so the registration can run cleanly without missing deadlines. Some configurations register voluntarily below the threshold for VAT-recovery reasons; we discuss the trade-offs in the configuration intake.

Can I switch from another Georgian accounting service to Happy Georgia?#

Yes — we onboard clients with existing Georgian accounting relationships regularly. The onboarding process: notarised PoA delegating rs.ge access, transfer of historical tax records from the prior accountant (we coordinate the handover), reconciliation of any in-flight filings or unresolved compliance items, and integration into our monthly rhythm. The switch typically takes 2–4 weeks for clean handovers; longer where the prior relationship has unresolved items needing remediation before integration.

How does Georgian payroll work for foreign-founded LLCs?#

Georgian payroll involves monthly payroll runs (calculating gross-to-net for each employee), monthly employee tax withholdings (Georgian income tax at 20% on Georgian-source employment income), plus pension contributions and administration where applicable. For LLC operations with foreign-founder-as-sole-employee under foreign-paid arrangements, Georgian payroll typically isn't in scope. For LLCs with Georgian-paid local staff (whether to satisfy bank substance requirements, IC status requirements, or general operational reasons), full Georgian payroll administration applies.

What happens if I miss a regulatory deadline?#

Active clients on monthly accounting don't miss deadlines because the deadline tracking is part of what we deliver. Penalties for missed filings vary by filing type and lateness severity (typically starting at modest fixed penalties and scaling with delay duration). For new clients onboarding with prior unresolved missed-filing issues from a previous accounting relationship, we work through the remediation as part of onboarding — sometimes the resolution is straightforward back-filing, sometimes it requires Revenue Service correspondence and amended returns.

How does accounting interact with Compliance Review and Tax Consultation?#

Three engagement types, complementary roles. Monthly accounting handles the recurring operational filings. Compliance Review (€290) checks where one IE or company stands — registration and tax status, the latest completed filing period, and Small Business Status or VAT threshold flags — with written findings. Work-permit and residence questions go to Residency Scoping, and checks already part of your monthly accounting aren't billed again. Tax Consultation (€290 per 60-minute session) handles forward-looking advisory — regime selection, restructuring decisions, Georgian-side structure questions. For a move involving Georgia and other countries, the separate Cross-Border Planning Review (€490) maps the Georgian steps and the questions to confirm with your advisers abroad. We surface when configuration changes warrant a Compliance Review or Tax Consultation rather than just running them through monthly accounting; the engagement type difference matters because the deliverables differ.

What's the typical accounting onboarding timeline?#

For new IE+SBS or LLC configurations onboarding accounting concurrently with setup: accounting engagement starts as setup completes, typically 4–6 weeks from initial engagement to first monthly filing submitted under our delegation. For switches from prior Georgian accounting relationships: typically 2–4 weeks for clean handovers. For configurations with unresolved compliance items needing remediation: longer, dependent on the specific remediation work required.

Ready to set up?#

A free consultation maps your Georgian accounting requirements against the four engagement components (monthly / annual / VAT / hiring) and identifies which apply to your configuration. For most foreign-founder clients, monthly accounting is the always-on engagement (typically engaged from setup completion forward) with annual filing always paired with it; VAT and hiring components add when those configurations apply. Pricing follows the engagement scope — fixed monthly rate for accounting components, fixed engagement fees for setup work, hourly rates only for non-standard work. Most consultations resolve the engagement-scoping question in 30 minutes.