Annual Georgian tax return, prepared and submitted at year-end.

What you get#

Year-end completion of the Georgian tax compliance cycle. Annual Filing is the engagement that closes out each calendar year — reconciling the monthly tax declarations submitted throughout the year, applying year-end adjustments that don't fit the monthly rhythm (depreciation schedules, accruals, foreign-currency revaluations where applicable), assembling supporting documentation, and submitting the consolidated annual return to the Revenue Service. The annual return is a separate filing from the monthly declarations, with its own regulatory deadlines and its own preparation work, paired with the ongoing monthly accounting engagement.

The structure has four other clean properties:

Year-end reconciliation, not a duplicate of monthly filings. Annual Filing isn't a re-submission of what was already filed monthly. The annual return reconciles the monthly position, applies adjustments that aggregate at year-end (full-year depreciation calculations, accrual reversals and accumulations, foreign-currency revaluation gains/losses where the configuration involves multi-currency operations), and presents the consolidated full-year position to the Revenue Service. The work is genuinely additional to the monthly rhythm.

Fixed engagement fee on top of monthly accounting. Pricing is a fixed engagement fee per annual filing, scoped to the configuration's complexity. IE+SBS configurations sit at the simpler end (turnover tax has minimal year-end adjustment work). LLC configurations involve more substantial year-end work (Estonian-style CIT mechanics with retained-vs-distributed profit reconciliation, foreign-currency revaluation, balance sheet preparation). VZ, IC, and FIZ configurations may have additional zone-and-status compliance layers at year-end. Pricing is quoted at engagement onboarding and confirmed each year before the work begins.

Filed via delegated rs.ge access. Same delegation mechanism as monthly accounting — your Power of Attorney grants our team rs.ge access for tax filings, including the annual return submission. The annual filing process flows through the same delegated channel without separate onboarding.

Year-end timing aligned with regulatory deadlines. Georgian annual returns are typically due by 1 April of the following calendar year for most taxpayer types — the preparation work runs through January–March of the following year, with the return filed before the deadline. We schedule annual filing engagement work in late January / early February to allow time for any client-side input requirements (year-end documentation, foreign-currency rate confirmations, accrual decisions) before the regulatory deadline approaches.

The combined effect: clean year-end completion of each calendar year's Georgian tax position, paired with monthly accounting as the always-on layer.

What we do#

Annual Filing runs as an annual engagement on top of the monthly rhythm — predictable timing, predictable scope, predictable pricing.

Step 1 — Pre-engagement scope confirmation. In late January / early February of each year, we confirm the annual filing scope for the prior calendar year — which configurations are in scope, which year-end adjustments apply, what supporting documentation is needed from your side. For multi-year clients, the scope is typically stable; for new clients (or clients whose configuration changed mid-year), the scoping conversation establishes the engagement.

Step 2 — Year-end reconciliation work. We reconcile the monthly tax declarations submitted throughout the year, identify any adjustments that aggregate at year-end (depreciation schedules, accruals, foreign-currency revaluation gains/losses, distributed-profit reconciliation for LLCs), assemble the supporting documentation, and prepare the consolidated annual return.

Step 3 — Year-end adjustment review with you. For configurations with material year-end adjustments (LLC distributed-profit reconciliation, foreign-currency revaluation positions, accrual decisions affecting the tax position), we surface the adjustments for your review before filing. The annual return locks in your full-year tax position; getting the adjustments right matters.

Step 4 — Annual return filing via delegated rs.ge access. We file the consolidated annual return on your behalf via the delegated rs.ge channel before the regulatory deadline (typically 1 April of the following year). Filing confirmation, return summary, and the consolidated tax position evidence sit in your file for future reference.

What's included#

• Pre-engagement scoping conversation in late January / early February
• Year-end reconciliation of monthly tax declarations
• Year-end adjustments where applicable (depreciation, accruals, foreign-currency revaluations, distributed-profit reconciliation)
• Supporting documentation assembly
• Consolidated annual return preparation
• Year-end adjustment review with you for material adjustments
• Annual return filing via delegated rs.ge access
• Filing confirmation and consolidated tax position summary
• Pricing: fixed engagement fee scoped to configuration complexity (IE+SBS configurations at the simpler end, LLC configurations more substantial, VZ/IC/FIZ with zone-and-status compliance layers; quoted at engagement onboarding and confirmed each year)

For configuration-change work that surfaces during annual filing — turnover patterns suggesting VAT registration trigger approached during the year, structure changes worth Tax Consultation review, residency permit renewal compliance check — we surface as the appropriate engagement type rather than bundling into annual filing scope.

When you need annual filing#

Always in scope for any operating Georgian structure that submitted monthly tax filings during the year. The annual return is the regulatory completion of each calendar year's tax position; even simple IE+SBS configurations submit annual returns, even when the year-end adjustment work is minimal.

Specifically:

IE+SBS configurations. Annual return reconciles the monthly turnover tax filings under the 1% Small Business Status regime. Year-end adjustments minimal for typical foreign-client freelancer configurations. Engagement fee at the simpler end of the range.

LLC configurations (standard). Annual return reconciles the monthly profit tax declarations under the Estonian-style CIT regime — retained-vs-distributed profit reconciliation, balance sheet preparation, foreign-currency revaluation where applicable. Engagement fee mid-range.

Virtual Zone LLC configurations. Same LLC structure plus VZ status-specific compliance — foreign-services exports zero-rating evidence consolidated for the year, qualifying IT income certified, Ministry of Economy reporting where applicable. Engagement fee mid-to-higher range depending on operational complexity.

International Company configurations. Same LLC structure plus IC status-specific compliance — Resolution 619 qualification evidence consolidated, qualifying employees compensation reporting, MoF reporting requirements. Engagement fee at the higher end given the substance-and-payroll layer.

Free Industrial Zone configurations. Zone-specific compliance at year-end depending on the FIZ administration's reporting requirements. Engagement fee scope-quoted given the zone-by-zone variability.

For configurations that closed mid-year (entity wound down, structure changed materially, residency configuration shifted), the annual filing handles the partial-year position through the closure date.

Why Happy Georgia#

Independent advisory. No tied tax software promotion, no commission for steering you toward unnecessary year-end work. We tell you when year-end adjustments are minimal (most IE+SBS configurations) and when they're material (LLC distributed-profit reconciliation, multi-currency configurations, multi-entity structures with consolidation requirements). The independence shows up in the engagement scope conversation — we don't oversell complexity that the configuration doesn't actually have.

Foreign clients only. Our entire practice is foreigners running Georgian companies. We've worked through annual filing engagements across many configurations — Berlin freelancer's IE+SBS year-end reconciliation paired with €25–50/month accounting, Tel Aviv founder's VZ LLC year-end with foreign-services-export evidence consolidated for the qualifying-IT-income certification, Singapore investor's IC status year-end with qualifying-employee compensation reporting and MoF compliance, London-based founder's multi-entity year-end with consolidated-entity reconciliation across LLC operations and brokerage account.

Fixed pricing, no tourist tax. Annual filing engagement fee fixed and quoted at engagement onboarding, confirmed each year before work begins. Configuration-change work (VAT registration setup, Tax Consultation, Compliance Review) priced separately if surfaced during annual filing scope. 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#

When is the Georgian annual return due?#

Typically by 1 April of the following calendar year for most taxpayer types. Specific deadlines vary by taxpayer category and structure type; we track the applicable deadline for each active client. Annual filing engagement work runs through late January–March of the following year, with the return filed before the deadline.

Is annual filing the same as my monthly tax declarations?#

No, separate work. Monthly filings submit tax declarations on the recurring monthly cadence (typically 15th of each month for IE turnover tax and LLC profit tax). The annual return reconciles the full year's position with year-end adjustments that don't aggregate at the monthly level — depreciation, accruals, foreign-currency revaluation, distributed-profit reconciliation for LLCs. The annual return is a separate filing with its own preparation work and its own regulatory deadline.

What year-end adjustments typically apply?#

Depends on configuration. IE+SBS configurations have minimal year-end adjustments (the 1% turnover tax mechanic doesn't require complex year-end work). LLC configurations have more substantial adjustments — depreciation schedules for fixed assets, accrual reversals and accumulations, foreign-currency revaluation gains/losses where the LLC operates in multiple currencies, distributed-profit reconciliation for the Estonian-style CIT mechanic. VZ/IC/FIZ configurations may have status-specific adjustments at year-end. We work through the applicable adjustments during the engagement scoping conversation.

How does annual filing pricing work?#

Fixed engagement fee scoped to configuration complexity. IE+SBS configurations at the simpler end of the range. LLC configurations mid-range with more substantial year-end work. VZ/IC/FIZ configurations at the higher end given zone-and-status compliance layers. Pricing is quoted at engagement onboarding and confirmed each year before work begins; for stable multi-year clients, the engagement fee typically remains consistent year-over-year barring configuration changes.

Can I do annual filing without monthly accounting?#

Possible but not recommended. Annual filing reconciles the monthly position; without accurate monthly filings to reconcile, the annual filing engagement involves substantial back-work (reconstructing the monthly position from primary sources) before the year-end work itself can begin. For new clients onboarding annual filing without prior monthly accounting in place, we typically recommend first engaging monthly accounting from the new year forward, then handling the annual filing as part of the ongoing engagement.

What if my configuration changed mid-year?#

Mid-year configuration changes are normal — IE-zero ramping to IE-active, LLC activation from inactive status, VAT registration triggering during the year, residency configuration shifting. The annual filing handles the configuration as it operated through each portion of the year, with the appropriate tax position for each phase. We work through mid-year change handling during scoping.

What if I missed monthly filings during the year?#

Missed-filing remediation is the priority before annual filing can run cleanly. We work through missed-filing back-filing as part of onboarding (or as configuration-correction work for active clients), reconciling the position before the annual return is prepared. Annual filing on top of unresolved missed filings carries elevated risk of Revenue Service correspondence and adjustments; cleaning up the monthly position first is the cleaner approach.

Does annual filing handle my home-country tax obligations?#

No — annual filing handles Georgian-side annual return preparation only. Home-country tax obligations (your country of tax residency's filings, foreign-account reporting requirements, home-country compliance for Georgian-source income) sit with your home-country tax advisor. We coordinate where the cross-border position matters but don't replace home-country tax representation.

What happens if I'm late filing the annual return?#

Late annual filing accumulates penalties, scaling with delay duration. For active clients on monthly accounting with us, late annual filing doesn't happen — the engagement timing is structured to file ahead of the regulatory deadline. For new clients onboarding mid-deadline-window or with prior unresolved compliance issues, we work through the remediation as part of onboarding.

Ready to set up?#

A free consultation maps your Georgian configuration against the annual filing scope and identifies the appropriate engagement fee. For active monthly accounting clients, annual filing is the predictable year-end engagement that pairs with the ongoing monthly rhythm. For new clients onboarding without prior monthly accounting, we typically recommend establishing monthly accounting first then handling the annual filing as part of the ongoing engagement. Most consultations resolve the engagement scoping question in 30 minutes.