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IE, LLC or Virtual Zone setup
Individual Entrepreneur registration with Small Business Status, or LLC formation with Virtual Zone application (for IT services). NAPR filing, tax registration, and tax residency letters.
Georgia's Small Business Status lets qualifying Individual Entrepreneurs pay 1% on turnover up to ~€155k/year — legally, transparently, and with no CFC rules. The Virtual Zone regime takes it further for IT services exported abroad. Your global attaché coordinates IE registration, LLC formation, banking, accounting and tax residency under one engagement.
Below is what a LeapGroup Georgia market entry includes — coordinated by Noah, delivered by specialists we've worked with directly.
Individual Entrepreneur registration with Small Business Status, or LLC formation with Virtual Zone application (for IT services). NAPR filing, tax registration, and tax residency letters.
Monthly tax declarations to Revenue Service Georgia, VAT (if registered), annual filings, and quarterly reviews for IE turnover thresholds — from Tbilisi-based CPAs.
For founders who actually sell into the region: Georgian-language marketing, Turkish- and Russian-language reach, plus local PR into Georgian business media.
Structured advisory on Georgian tax residency, the 183-day rule, the HNW residency programme, and how it interacts with your home country's exit rules.
Local lawyers for LLC agreements, Virtual Zone applications, cross-border service contracts (English + Georgian), and Georgian real estate transactions.
Local payroll for Georgian employees, employment contracts under Georgian labour code, income tax withholding, and IE-to-IE contracting structures.
Georgia is the rare country that has quietly become the best answer for solo founders, consultants, developers and nomads — because the regime is transparent, the taxes are low by design, and the paperwork is minimal.
Small Business Status caps at ~500k GEL (~€155k) annual turnover. Tax on gross revenue — no bookkeeping headaches, no deductions to fight over.
Virtual Zone entities pay 0% corporate tax on income from IT services exported abroad. A legitimate regime that has attracted thousands of developers.
Georgia only taxes Georgian-source income for personal residents. Foreign-source dividends, capital gains and salaries typically fall outside the net.
Georgia doesn't apply CFC rules to Georgian residents' offshore structures. Legitimately useful for structuring around a Georgian base.
TBC and Bank of Georgia onboard foreign IEs within days. Multi-currency accounts, English-speaking relationship managers, and reasonable KYC.
Citizens of ~90 countries can stay in Georgia for 365 days without a visa. Serious flexibility for nomads and remote founders.
Noah is the single point of contact for every LeapGroup engagement — including yours in Georgia. He takes your brief, shortlists two or three specialists from our Tbilisi network (Georgian tax counsel, Virtual Zone specialists, banking), joins the first call, and stays on point throughout.
Fifteen years placing founders across our nine jurisdictions. Straight-talking, personally accountable, on the first call.
Send Noah a private brief →Not every founder benefits from a Georgian setup. Here's how we think about it on the first call.
Send a private brief. Noah will reply within one business day with a proposal covering your Georgia market entry and a shortlist of the specialists worth your time.