Tax Benefits
- Personal income tax reduced from 20% to 5%.
- Corporate income tax reduced from 15% to 5%.
- Dividends are tax-exempt.
Who Qualifies
A Georgian company may apply for International Company status in either of the following cases:
Case A. The Georgian company has at least 2 years of experience in the activity for which it is applying for International Company status.
Case B. The Georgian company is a representative (subsidiary) of a non-resident enterprise, and that non-resident enterprise has at least 2 years of experience in activities permitted under International Company status.
International Company vs Virtual Zone
| International Company | Virtual Zone | |
|---|---|---|
| Introduced | 2020 | 2011 |
| Sectors | IT + maritime | IT only |
| Corporate tax | 5% | 0% |
| Dividends | 0% | 5% |
| Experience required | 2 years | none |
| Georgian clients allowed | yes | no |
FAQ
Does International Company status apply to shipping companies?
Yes. Ordinance №619 covers the maritime sector — one of the key differences from Virtual Zone status, which is limited to IT.
What if the 2-year experience requirement is met through a foreign parent company?
The foreign parent must have at least 2 years of documented experience in the same activities permitted under Ordinance №619. Documents confirming the parent company's track record are submitted as part of the application.