VAT in Georgia

Value added tax in Georgia is charged at 18%, and a business must register once its taxable supplies exceed GEL 100,000 in any twelve consecutive months. Registration is also possible earlier, on a voluntary basis. The point that surprises many founders is the speed: the Tax Code asks a person who crosses the threshold to apply within two business days. A company selling services to clients outside Georgia should ask how those invoices are treated before issuing the first one.

Ask a prospective firm whether it monitors the twelve-month total for you, who submits the monthly declaration, and whether it has handled VAT for companies selling digital services or goods across borders. Check the languages it uses for correspondence with the Revenue Service and with you.

Twenty-two firms in Georgia offer VAT: ten corporate service providers, seven accounting firms and five law firms. Eighteen are small, two medium-sized and two part of large networks. All 22 work in English, 13 in Russian and 11 in Georgian. IT, real estate and construction are the sectors named most often. The tax compliance page covers the wider set of filings.