LLC Tax Declaration in Georgia: How to File on rs.ge

Quick facts

How an LLC's declaration differs from an IE's

An individual entrepreneur on the standard regime or on Small Business status declares income or turnover; that process is covered in a separate article on filing an IE's declaration. An LLC works on a different logic, because it operates under the Estonian-model tax system: the annual declaration does not report the company's total profit for the year, but the transactions during the year that were classified as distribution. How this model works and why it changes the tax base entirely is explained in the article on profit tax.

The annual declaration: what and when

The filing and payment deadline for the annual profit tax declaration is 31 March of the year following the reporting year. The declaration reports transactions treated as profit distribution during the past year: dividends paid, expenses not connected to the company's economic activity, and other transactions the law treats as taking value out of the company.

If the company made no distributions during the year, the declaration is still filed, but reflects the absence of taxable transactions. Missing the filing itself, even with no tax due, can trigger penalties for the failure to file.

If you can't make the 31 March deadline

The law provides an extension mechanism: filing a deferral request by 31 March extends the deadline for the full declaration to 30 June. During that period, interest of 0.05% per day accrues on any unpaid tax, but filing the deferral request before the original deadline avoids the penalty for late filing of the declaration itself. This does not eliminate interest on late payment, but it separates two distinct violations: failure to file and late payment.

The monthly declarations that are easy to forget

The annual declaration is not the only thing an LLC files during the year. If the company pays salaries, withheld payroll income tax is declared and paid monthly. If the company is VAT-registered, a VAT return is filed monthly, independently of the annual profit tax declaration. These two reporting cycles run in parallel to the annual one and require separate deadline tracking throughout the year, not only in March.

How filing through rs.ge works

Filing takes place through the personal cabinet on rs.ge, access to which is created automatically upon company registration and arrives by SMS at the registered phone number. What to do with the tax cabinet right after registering the LLC, before the first declaration comes due, is covered in a separate article on the first steps after registration.

For the declaration to be filled in correctly, consistent bookkeeping of distribution-equivalent transactions needs to run throughout the year. Without it, preparing the annual declaration means reconstructing data after the fact, which raises the risk of errors and, in turn, the risk of adjustments on audit.

Does an LLC need to file a declaration if it made no distributions?

Yes, the declaration is filed regardless, even if there were no taxable transactions during the year. Failing to file can trigger penalties independent of the amount of tax due.

What happens if I can't file by 31 March?

Filing a deferral request by 31 March extends the filing deadline to 30 June, but interest of 0.05% per day accrues on any unpaid tax for the full period of delay.

How does an LLC's declaration differ from an IE's?

An LLC declares transactions treated as profit distribution under the Estonian-model tax system. An IE on Small Business status declares turnover, while an IE on the standard regime declares income minus expenses. These are different tax bases and different forms.

Does VAT need to be filed separately from the annual return?

Yes, if the company is VAT-registered, a VAT return is filed monthly, separately and independently of the annual profit tax declaration.

Where is the declaration physically filed?

Through the personal cabinet on rs.ge, access to which is created automatically upon company registration.