Accounting & Taxes in Georgia

With our clients: English, German, French, Italian. With the Georgian authorities: Georgian — we handle that completely.

VAT registration only becomes mandatory from 100,000 GEL of taxable annual revenue (≈ EUR 33,000). Standard rate: 18%. For pure B2B export services to foreign clients, the 0% treatment can be applied — for the typical export-focused client, VAT is usually not an issue.

Ideally within 7 days of the invoice date, and at the latest by the 5th of the following month — by then all of the previous month’s receipts must be complete. That is our cut-off, not the legislator’s: the statutory filing deadline is the 15th, and the ten days in between are what booking, reconciliation and follow-up questions require. Receipts arriving later are still processed, but they flow into the following month’s declaration where that is permissible for tax purposes. Invoices that Georgian suppliers make available directly via rs.ge we retrieve ourselves in any case.

The Revenue Service typically audits every 3–5 years on a sample basis. We compile the requested documents, respond on your behalf and guide you through any follow-up questions — at no extra cost, this is included in the service.

Yes. Receipts are converted into GEL at the official NBG exchange rate of the receipt date. We record the rate for full traceability.

Georgia has double tax treaties with Germany, Austria, Switzerland, the UK and 60+ other countries. Tax paid in Georgia is generally creditable in your home-country tax return while you remain tax-resident there. In practice: if you pay 1% in Georgia but stay tax-resident at home, your home country may tax the difference up to its own rate — we provide the certificate needed for the credit. Always involve a tax adviser in your country of residence.

Yes, at any time. We hand over the complete receipt archive and the Revenue Service profile to your new partner. There are no minimum terms.

Yes. Since an amendment of early 2026 — Order No. 38 of the Minister of Finance of 5 February 2026 amending Order No. 999 on the application of special taxation regimes — failure to file the monthly return expressly does not count as a nil return. Filing remains mandatory even where no tax is payable. The same amendment makes Small Business Status effective on the day the application is filed rather than on the first of the following month, so the ongoing obligations begin immediately too. Nil returns are included in our monthly packages — for dormant companies there is a separate rate of 100 GEL/month.

The small business monthly return is filed under Art. 93(1¹) of the Tax Code; return and payment follow the general rule for monthly reporting periods and fall due on the 15th of the following month. The annual return is due before 1 April of the following year — but for Small Business Status holders only where there is income outside the special regime. No quarterly advance payments arise: Art. 94(1) excludes small businesses. The frequently quoted schedule of 15 May, July, September and December sits in a paragraph repealed in 2018 that survives only in the outdated English translation.

In law it is three. Art. 43(1)(f) of the Tax Code requires records to be kept for three years, counted from the end of the calendar year of the tax period they are needed for; the instruction implementing Order No. 999 requires the same three years of a small business. The six years in circulation have two sources, and neither reaches them: Art. 4(18) of the Law on Accounting, Reporting and Auditing — which under its Art. 2(1)(e) covers an individual entrepreneur only as a first, second or third category enterprise, and a small business is practically always below that — and the former wording of that same instruction, which prescribed six years for micro business and was cut to three by Order No. 38 in February 2026. We nevertheless recommend six years: the limitation period in Art. 4 of the Tax Code is likewise three years but can be extended and suspended under paragraphs 7, 10 and 12, and digital retention costs nothing.

No, and that confusion appears in almost every summary. Article 91(1) of the Tax Code requires a small business to keep a special accounting journal ("აღრიცხვის სპეციალური ჟურნალი") and leaves its content entirely to the Minister of Finance. Under the instruction implementing Order No. 999 it is an expense journal — not a turnover ledger. Turnover is captured by other means, in particular a cash register for cash settlements with consumers and waybills for goods movements. We keep the journal as part of the monthly package and flag the points where you need to contribute yourself.