Standard LLC Tax Burden
- Corporate income tax — 15%.
- Dividend tax — 5%.
- Personal income tax (per employee) — 20%.
- VAT — 18%.
- Property tax — 1%.
- Pension contribution (for Georgian citizens or permanent residents) — 2% from the company and 2% from the employee's salary (or the company may take full responsibility for 4%).
Estonian Taxation Model
The key advantage of a Georgian LLC: corporate income tax applies only when profits are distributed as dividends. If profits remain in the company for further development, no profit tax is due. Upon dividend distribution, the company pays 15% corporate tax plus 5% dividend tax.
This model suits startups and companies reinvesting their profits.
Service Packages
In-person: 1 shareholder, without bank account
- Preparation of the founders' agreement.
- Accompanying to the House of Justice of the Ministry of Justice of Georgia.
- Payment of all governmental fees.
- Permanent legal address.
- Extract from the registry in English.
- Filling in the IRS taxpayers portal.
In-person: 1 shareholder, with bank account
Everything in the above package, plus:
- Assistance with opening a corporate bank account.
In-person: 2 or more shareholders, without bank account
- Preparation of the founders' agreement.
- Accompanying to the House of Justice.
- Payment of all governmental fees.
- Permanent legal address.
- Extract from the registry in English.
- Filling in the IRS taxpayers portal.
In-person: 2 or more shareholders, with bank account
Everything in the above package, plus:
- Assistance with opening a corporate bank account.
Remote: 1 shareholder, without bank account
- Providing all templates of powers of attorney.
- Translation and notarization of your documents.
- Preparation of the founders' agreement.
- Submission of the incorporation application to the House of Justice.
- Payment of all governmental fees.
- Permanent legal address.
- Extract from the registry in English.
- Filling in the IRS taxpayers portal.
Remote: 1 shareholder, with bank account
Everything in the above package, plus:
- Assistance with opening a corporate bank account.
Remote: 2 or more shareholders, without bank account
- Providing all templates of powers of attorney.
- Translation and notarization of your documents.
- Preparation of the founders' agreement.
- Submission of the incorporation application to the House of Justice.
- Payment of all governmental fees.
- Permanent legal address.
- Extract from the registry in English.
- Filling in the IRS taxpayers portal.
Remote: 2 or more shareholders, with bank account
Everything in the above package, plus:
- Assistance with opening a corporate bank account.
FAQ
What taxes does a Georgian LLC pay?
Corporate income tax 15%, dividend tax 5%, personal income tax per employee 20%, VAT 18%, property tax 1%. Pension contributions (2%+2%) apply only to employees who are Georgian citizens or hold permanent residency.
What is the Estonian taxation model?
Corporate income tax arises only upon profit distribution as dividends: 15% corporate tax plus 5% dividend tax. If profits remain in the company, no tax is due. This model is ideal for companies that reinvest profits into development.
How long does LLC registration take?
With shareholders physically present in Georgia — 2 business days. This period covers only registration with the National Agency of the Public Registry.
Is startup capital required?
Under Georgian law, initial capital is not mandatory — it is a voluntary contribution by the founders.
Are there restrictions for non-residents when opening a corporate bank account?
Since early 2021, Georgian banks require confirmation of the company's operational presence in the country under the BEPS agreement. Before submitting a bank application, it is advisable to prepare an office lease agreement, draft contracts with counterparties, and draft employment contracts with staff.
What tax incentives are available for IT businesses?
Two preferential regimes are available for Georgian LLCs in IT:
- Virtual Zone status — exemption from 15% corporate income tax and 18% VAT, provided the product is distributed outside Georgia and the company has a representative office and employees in Georgia.
- International Company status — corporate tax 5%, personal income tax per employee 5%, dividends 0%, property tax exempt (except land, if used for permitted activities only). The founder holding 50% or more must be a non-resident company with at least 2 years of experience in the permitted activity.
Details: Virtual Zone · International Company
Can I register an LLC remotely?
Yes, by power of attorney. Our specialists will register your company as soon as documents are received.