Georgia’s Virtual Zone regime is the reason the country shows up on so many lists of low-tax bases for international IT and software businesses, but the incentive is narrower than the headline numbers suggest. It applies to a specific slice of activity, not to a company’s revenue in general, and my read of the regime is that most of the compliance risk sits exactly at that boundary: what counts as qualifying income, and what doesn’t.
Tax and regulatory advantages for Georgia for entrepreneurs
Virtual Zone eligibility and compliance
The Virtual Zone was built for companies that develop, export, and support software or digital services from Georgia to clients outside the country. The Revenue Service looks at two things when it assesses an application: whether the activity itself fits the qualifying definition (software development, IT consulting, and closely related digital services, rather than general business consulting or marketing dressed up as tech), and whether the clients paying for that activity are non-residents. A company that writes software for a Georgian bank does not qualify for that revenue, whatever the technical work looks like, because the client sits inside Georgia. A company that builds the same software for clients in Germany or the US does qualify, on the same technical work. The regime taxes the client relationship, not just the code, and that distinction is also where mixed-revenue companies get it wrong most often. A software house billing only clients in Berlin and Austin plainly meets the definition. A digital marketing agency with Georgian-resident clients does not, at least not for the Georgian-client portion of its revenue. A company with a mixed client base applies Virtual Zone treatment only to qualifying (foreign-client) income and pays standard tax on Georgian-source revenue.
The application is submitted to the Revenue Service after company registration and after a corporate bank account has been opened. Documentation requirements include the company’s registration certificate, a description of qualifying activities, evidence of technical capabilities (team CVs, employment contracts or contractor agreements), and information confirming that clients are non-residents. Approval is not automatic; the Revenue Service conducts an assessment of whether the business fits the qualifying definition.
Annual compliance under the Virtual Zone requires ongoing documentation of client residency and service scope. The Revenue Service can request evidence of qualifying activities during an inspection. Companies should maintain organized records of client contracts, invoices, and evidence of payment from non-resident sources. Adding Georgian-resident clients to the revenue base without notifying the Revenue Service and adjusting the tax treatment is the most common compliance failure in this regime.
Loss of Virtual Zone status is not automatic upon a single breach, but the Revenue Service has authority to reclassify a company’s income for the period in question, resulting in a 15% distribution tax liability on previously untaxed distributed amounts plus applicable penalties. Transparency with your adviser is the correct posture: if the business model shifts, the Virtual Zone application should be reviewed and updated proactively.
Standard corporate and personal income tax
For companies outside the Virtual Zone, or for income that does not qualify under the Virtual Zone definition, Georgia’s standard corporate income tax operates as follows. The headline rate is 15%, applied on the value of each dividend distribution. A company that earns GEL 500,000 in operating profit and retains all of it pays zero corporate tax in that year. If in a subsequent year it distributes GEL 200,000 as dividends, it pays GEL 30,000 in corporate income tax at the point of distribution. The remaining GEL 300,000 in retained earnings continues to accumulate without triggering a tax event.
This distribution model is materially more favorable than a classical corporate tax system (like Germany’s or the UK’s) where profit is taxed annually regardless of distribution. Founders who intend to hold a Georgian entity as an operating vehicle and reinvest profits into growth benefit from indefinite tax deferral on retained earnings.
Personal income tax for Georgian tax residents is a flat 20% on employment income and most other income sources, withheld by the employer and remitted to the Revenue Service monthly. Georgia has a double-taxation agreement (DTA) network that covers major trade partners; founders should verify whether Georgia has a DTA with their country of prior residence, as this affects how home-country taxes interact with Georgian-source income.
Value-added tax (VAT) applies at 18% on supplies within Georgia. VAT registration is mandatory once annual Georgian-source turnover exceeds 100,000 GEL. Exported IT services are zero-rated for VAT, meaning a Virtual Zone company billing exclusively foreign clients has no VAT obligation on its core revenue.
Company registration and legal structure
LLC registration process
The standard vehicle for foreign founders in Georgia is the Limited Liability Company (LLC), known locally as “SH.P.K.” The Joint Stock Company (JSC) is available for founders who anticipate raising external equity capital with multiple shareholder classes but is rarely the first-choice structure for a new venture.
Foreign founders registering an LLC need to appear at a Public Service Hall with: a valid passport (for foreign nationals, a notarized copy is standard practice at most service halls), a proposed company name, a description of the planned business activity, and payment of the state fee of approximately 100 GEL. No advance filing is required for a straightforward LLC with a single foreign founder. The NAPR issues a registration certificate and unique identification number the same day in most cases. The tax identification number (TIN) is issued by the Revenue Service within hours of NAPR registration.
There is no minimum paid-up capital requirement for a standard LLC, no requirement for a Georgian resident director or shareholder, and no minimum number of shareholders. A single foreign individual can be the sole founder, sole director, and sole shareholder of a Georgian LLC from day one.
The NAPR also accepts online registration through its portal for founders with a qualified electronic signature. For most foreign founders making their first registration, attending a Public Service Hall in person is faster and avoids the certification steps required for remote filing.
Post-registration steps: banking and Virtual Zone application
After receiving the registration certificate, the two parallel priorities are opening a corporate bank account and, if the business qualifies, submitting the Virtual Zone application to the Revenue Service.
TBC Bank and Bank of Georgia (BOG) are the two commercial banks with the most established track records for onboarding internationally owned Georgian companies. Both offer multi-currency accounts and online banking platforms adequate for international business. Account opening for a new LLC requires in-person attendance with the company registration documents, the founder’s passport, the company charter, and a description of anticipated business activities. Expect the account to be operational within one to three business days.
The KYC process that Georgian banks enforce mirrors FATF (Financial Action Task Force) standards Georgia committed to implementing as part of its EU association process. Companies with clean ownership structures (a single identifiable foreign founder with no intermediate offshore vehicles) process faster than those with layered ownership arrangements. Banks ask about the source of the company’s initial capital, expected transaction volumes, and the identity of the ultimate beneficial owner.
A corporate account at TBC or BOG is a prerequisite for the Virtual Zone application, as the Revenue Service requires bank details on the application form. Founders should expect approximately one week from company registration to having both a bank account and a submitted Virtual Zone application.
VC and funding ecosystem
The honest picture for Georgia for entrepreneurs seeking institutional capital is that the ecosystem is early-stage and under-capitalized relative to the opportunities available. Setting expectations correctly at the outset avoids wasted time pursuing capital that is not locally available.
Active investors and government programs
The Georgian Innovation and Technology Agency (GITA) is the anchor institution in the ecosystem. GITA operates grant programs for Georgian-registered IT companies, with awards ranging from GEL 50,000 to GEL 500,000 depending on the program (innovation vouchers, co-financing, and international market development grants each have different terms and eligibility criteria). Foreign-founded companies registered and operating in Georgia are eligible. GITA also operates an accelerator program that combines grant funding with mentoring and investor access.
TBC Capital, the merchant banking and capital markets arm of TBC Bank, has structured equity and quasi-equity deals for Georgian growth companies. It operates closer to a development finance model than a classic venture fund, and its deals have concentrated in fintech and retail technology.
EU4Business is an EU-funded program providing access to finance and technical assistance for Georgian SMEs through partner banks and financial institutions. It focuses on companies with a trading history rather than pre-revenue startups, and the financing products are structured as subsidized loans rather than equity.
At the angel level, Startup Grind Tbilisi serves as the primary community connector. The angel community concentrates in IT services, fintech, tourism technology (a significant sector given Georgia’s tourism industry), and agritech. Individual angel checks run USD 10,000-50,000.
International funds including 500 Global and Techstars have participated in Georgian deals, most commonly through regional programs, but neither maintains a permanent Tbilisi presence or a dedicated Georgian fund. Seed rounds for Georgia for entrepreneurs seeking institutional equity fall in the USD 50,000-300,000 range. Series A and later-stage financing requires engaging investors based in London, Berlin, Warsaw, or Tel Aviv; the local ecosystem cannot reliably support rounds above USD 500,000 from Georgian sources alone. Preferred investment sectors in 2026 are IT services and outsourcing, fintech, tourism technology, and agritech.
Alternative financing
The primary non-equity financing channel is bank lending through TBC Bank and Bank of Georgia. GEL-denominated SME loans carry interest rates of 10-15% per annum. USD-denominated lending is available at somewhat lower nominal rates (8-12%) but exposes the borrower to exchange rate risk if the underlying business generates GEL revenue.
Enterprise Georgia, the government’s business development agency, provides co-financing programs and guarantee schemes for export-oriented businesses and industrial projects with an operating track record. The programs are designed for established SMEs rather than pre-revenue startups, and foreign-founded companies are eligible provided the entity is incorporated and actively operating in Georgia.
Microfinance institutions are active across Georgia for amounts below GEL 50,000, with faster processing and more flexible documentation than commercial banks.
Revenue-based financing (RBF) as understood in the US and UK market does not exist from Georgian providers. Peer-to-peer lending is not operational at any meaningful scale. Founders who have relied on alternative financing structures in other markets will need to use bank lending or equity as the primary capital sources in Tbilisi.
One non-cash financial advantage that is easy to undervalue: the Virtual Zone’s zero-tax treatment on qualifying income means every USD of operating profit generated by a Virtual Zone company is available in full for reinvestment, rather than 82-85% after corporate tax (as in a standard 15-18% corporate tax jurisdiction). For a USD 500,000/year revenue business, that difference in retained working capital approaches USD 75,000-90,000 annually.
Regional cost comparison
The table below compares Tbilisi against Tallinn (Estonia), Yerevan (Armenia), and Istanbul (Turkey) on the metrics that most directly affect a founder’s cost model. Turkey’s figures are expressed in Turkish Lira and are subject to ongoing inflation volatility; all TRY figures reflect mid-2026 market rates.
| Cost metric | Georgia (Tbilisi) | Estonia (Tallinn) | Armenia (Yerevan) | Turkey (Istanbul) |
|---|---|---|---|---|
| 2-bed expat apartment (monthly) | GEL 2,000-3,500 | EUR 1,200-2,200 | AMD 200,000-400,000 | TRY 30,000-55,000 |
| Mid-level software engineer (monthly) | GEL 3,500-6,000 | EUR 3,500-5,500 | AMD 400,000-700,000 | TRY 50,000-90,000 |
| Co-working desk (monthly) | GEL 400-700 | EUR 200-400 | AMD 60,000-120,000 | TRY 5,000-10,000 |
| Grade B office (per sqm/month) | GEL 20-35 | EUR 14-20 | USD 8-14 | TRY 180-350 |
| Headline corporate tax rate | 0% (Virtual Zone) / 15% (on distribution) | 0% (retained) / 20% (on distribution) | 18% | 25% |
| International school (annual per child) | USD 5,000-15,000 | EUR 8,000-20,000 | USD 4,000-10,000 | USD 10,000-25,000 |
Georgia’s advantage against Estonia is primarily cost: Tallinn’s tech salary market has converged toward Western European levels, while Tbilisi remains 30-40% cheaper for equivalent technical roles. On the tax side, both countries use a distribution model, but the Georgian Virtual Zone provides an additional overlay that Estonia does not offer. Against Yerevan, the margin has narrowed since 2022; Armenia’s relocation-driven influx from Russia and Ukraine pushed rents and salaries up substantially, and Armenia’s 18% corporate rate is higher than Georgia’s effective distribution-model rate. Istanbul’s headline cost numbers look favorable in some categories in nominal TRY terms, but the 25% corporate rate and currency volatility substantially change the financial comparison for a USD-revenue business.
For founders weighing Georgia against Singapore, Hong Kong, or Dubai, those jurisdictions operate in a different cost and institutional depth category. A full comparison of incorporation structures across Dubai, Singapore, and Hong Kong is useful context before committing to any single jurisdiction.
Healthcare and family costs for expat founders
Georgia’s public healthcare system operates below the standards most international founders will have experienced in Western Europe or North America. Private care is the practical baseline for expat founders and their families, not a premium add-on.
Private health insurance
Individual expat health insurance from private Georgian insurers costs GEL 100-300 per month (USD 35-110 at current exchange rates). Coverage at the GEL 100-150 level is standard outpatient and pharmacy coverage from local insurers (Aldagi, Aversi Insurance, and GPI Holding operate in this segment). Coverage at GEL 200-300 per month includes inpatient and some specialist care. International providers including Allianz and AXA offer expatriate policies with global coverage that include Georgia; premiums from these providers run USD 150-300 per month for an individual, in exchange for broader geographic coverage and English-language claims handling.
A family plan (two adults, two children) from a Georgian insurer runs approximately GEL 300-800 per month, depending on coverage scope and ages. For families with pre-existing medical conditions, budgeting toward the upper end of that range is prudent.
Private hospital consultation fees in Tbilisi are GEL 50-150 for a standard outpatient visit. Major private hospitals including Aversi and GPC (Georgian Primary Care) handle most non-emergency and routine care competently. For complex surgical procedures or specialist care that falls outside local capacity, Turkey (Istanbul or Ankara) is the standard referral destination for Georgia-based expat families.
International schools in Tbilisi
Three established international schools serve Tbilisi’s expatriate community.
QSI International School of Tbilisi offers a US-accredited curriculum and examination program. Annual tuition runs approximately USD 10,000-15,000 per child depending on grade level. The British International School of Tbilisi follows the English national curriculum and prepares students for GCSE and A-level examinations at comparable tuition levels. The European School Tbilisi offers International Baccalaureate (IB) programming from primary to diploma level, with multilingual instruction; annual fees fall in the USD 5,000-12,000 range depending on program level.
Families whose children require A-levels or IB certification will find the British International School and European School the most suitable options. Admission processes at all three schools require transcripts from prior schooling, and placement assessments apply at some grade levels.
Employment law and hiring in Georgia
Statutory framework and payroll obligations
The Labour Code of Georgia governs all employment relationships. It is employer-friendly by European standards: there is no statutory minimum wage for the private sector, notice periods are one month for both parties, and probationary periods of up to six months can be terminated by either party without cause. Severance of at least one month’s salary is due when terminating employment on the specific grounds listed in Article 37(1)(a, f, i, n) of the Labour Code, regardless of how long the employee has worked. Terminations during a probationary period do not trigger a severance obligation.
The employer’s payroll obligations are:
Personal income tax withholding at 20% of gross salary, remitted to the Revenue Service by the 15th of the following month. Virtual Zone status exempts the company from corporate income tax on qualifying income, but it does not reduce the personal income tax on employee salaries: a developer on a Virtual Zone payroll is taxed at the same 20% flat rate as any other Georgian employee. The reduced 5% salary tax sometimes cited for Georgian IT applies under the separate International Company Status regime, not the Virtual Zone.
Mandatory pension contributions under the Accumulative Pension Scheme (introduced in 2019): the employer contributes 2% of gross salary, the employee contributes 2%, and the government matches a further 2%. All three contributions go to the employee’s individual accumulative pension account. There is no employer social security tax beyond this 2% pension contribution. No unemployment insurance levy. No mandatory training levy. The total employer on-cost in Georgia is 2% of gross salary, which is among the lowest of any jurisdiction with a functioning social protection system.
Health insurance is not legally mandated. The majority of internationally oriented companies operating in Tbilisi provide it as a competitive benefit, but it remains a discretionary cost rather than a statutory obligation.
For foreign employees, citizens of most OECD countries and several others can work in Georgia for up to one year under visa-free arrangements without a formal work permit. For longer-term foreign hires, a residence permit linked to the employment relationship, processed through the Public Service Development Agency (PSDA), is the standard route.
ESOP and equity incentives
Employee Stock Ownership Plans (ESOPs) are legally permissible under Georgian corporate law but are not standard practice in the Georgian startup market. The local talent community has limited familiarity with equity compensation, and ESOP documentation requires custom legal work, as no standardized Georgian ESOP template frameworks exist equivalent to those available in Singapore or the UK.
Founders who want to offer equity to Georgian team members are not legally prevented from doing so, but should work with a Georgian lawyer to structure the plan and clearly communicate vesting and liquidity terms to employees who may not have prior exposure to equity-based compensation. For founders accustomed to international equity compensation structures as a retention mechanism, the Tbilisi market requires more groundwork than established startup hubs.
Talent pool and retention
The Tbilisi IT talent pool is genuine at the junior and mid-level. The city has multiple universities producing graduates in computer science and software engineering, and the developer community is active and English-proficient. The constraint appears sharply at the senior level.
Experienced Georgian engineers increasingly hold remote contracts with international employers offering USD-denominated salaries. A senior developer earning GEL 5,000 per month locally (roughly USD 1,800) can earn USD 3,000-5,000 per month working remotely for a Western tech company, without relocating. This creates a structural retention challenge for locally incorporated companies: the same cost advantage that makes Tbilisi attractive to founders creates competing demand from remote-first international employers that can outbid local salary scales without requiring the employee to change their address.
Founders building a Tbilisi engineering team should budget for salary reviews every 12 months and benchmark against both the local market and the remote-work market. The employer of record versus local entity question is particularly relevant here: some founders prefer to hire Georgian engineers through a local entity to retain more operational control, while others use EOR (Employer of Record) services to access talent across the South Caucasus without multiple incorporations.
90-day action plan
Phase 1: Days 1-30, research and preparation
The first month is for due diligence, not paperwork. The single most consequential decision is whether your business qualifies for Virtual Zone status, and that determination should be made before incorporating, not after.
Engage a Georgian lawyer or qualified tax adviser for one to two sessions to confirm Virtual Zone eligibility. If your business model (IT services to non-resident clients) fits cleanly, proceed to incorporation planning. If there are grey areas (mixed Georgian and foreign client base, software-adjacent activities that border on consulting), obtain a clear written opinion before committing to the Georgian entity.
Research accommodation and office options simultaneously. Vera, Vake, and Mtatsminda are the most popular central neighborhoods for expat founders. Impact Hub Tbilisi and Fabrika are the two main co-working environments worth visiting in person. Confirm your intended address for corporate registration purposes; this address will appear on all company documents and bank account paperwork.
Prepare the documentation package for registration: a notarized copy of your passport, a draft description of the company’s planned activities (used for both registration and the Virtual Zone application), and a proposed company name. Check name availability informally through the NAPR’s website before appearing at the service hall.
Phase 2: Days 31-60, incorporation and banking
Register the LLC at the National Agency of Public Registry on a convenient day, paying the state fee of approximately 100 GEL. The registration confirmation and TIN are ready the same day.
Within one to three business days of receiving the registration certificate, open a corporate account at TBC Bank or Bank of Georgia. Attend in person, bring original registration documents, your passport, the company charter, and a clear description of business activities. If you have draft client contracts or letters of intent from intended non-resident clients, bring those too; they materially accelerate the KYC assessment.
Once the bank account is open, submit the Virtual Zone application to the Revenue Service. Compile the required documentation: company registration certificate, TIN, bank account details, a detailed description of qualifying IT/software activities, CVs of the technical team, and documentation of client residency. Applications are assessed case-by-case; approval in the standard range takes two to four weeks.
Register with the Revenue Service for payroll tax withholding before hiring the first employee. Pension fund registration follows as part of the same payroll registration process in most cases.
Phase 3: Days 61-90, compliance foundations and community
File the first monthly payroll withholding declaration by the 15th of the month following the first payroll period. Set up an accounting system compliant with Georgian national accounting standards; if you anticipate raising external capital or opening accounts with international banks, IFRS (International Financial Reporting Standards) compliant statements will be expected.
If annual turnover is on track to exceed 100,000 GEL, assess VAT registration requirements with your accountant. Virtual Zone companies billing exclusively foreign clients have a zero-rated VAT position on core revenue, but domestic purchases and expenses may have VAT implications worth clarifying early.
Apply for a residence permit through the PSDA if you intend to remain in Georgia beyond one year. The entrepreneurial residence permit category is the most accessible for company owners. The PSDA processes applications both online and in person.
Connect with the Tbilisi startup community. Startup Grind Tbilisi events are the fastest introduction to the local founder and investor network. GITA coordinates with accelerators and can direct founders toward upcoming grant application windows. This community investment pays practical dividends in access to co-working introductions, first employee referrals, and service provider recommendations.
For founders who anticipate scaling beyond Georgia, this phase is also the right time to assess the tax residency implications of spending significant time across multiple countries, and whether the Georgian company should sit within a broader holding structure.
Compliance calendar
The table below outlines the recurring filing obligations for a Georgian LLC in 2026. Deadlines are set by the Revenue Service of Georgia; late filing penalties include both fixed amounts and percentage surcharges depending on the obligation.
| Obligation | Georgia deadline | Frequency |
|---|---|---|
| Corporate income tax return (on distribution events) | 15th of month following distribution | Per distribution event |
| Monthly payroll withholding (PIT + pension) | 15th of following month | Monthly |
| VAT return (if registered) | 15th of following month | Monthly |
| Property tax return | April 1 | Annual |
| Annual financial statements | October 1 (for prior fiscal year) | Annual |
| Residence permit renewal | Before expiry date | As needed |
Georgia for entrepreneurs operating under the Virtual Zone regime should note that the distribution tax return applies only to actual distributions; a company that retains all profits in a given year files no corporate income tax return for that year. Payroll withholding and pension contributions are the primary monthly obligations for most lean teams.
The Common Reporting Standard (CRS) applies to Georgian financial institutions, which means account information is automatically exchanged with tax authorities in participating countries. Founders who are tax residents of CRS-participating countries should assume that their Georgian bank account information is reported to their home tax authority. The framework for understanding that automatic exchange, and its implications for founders with accounts across multiple jurisdictions, is covered in depth in the CRS guide for international entrepreneurs.
FAQ
What is Georgia’s Virtual Zone, and how does the 0% corporate tax on IT income work for foreign entrepreneurs?
The Virtual Zone is a Revenue Service designation that allows Georgian-registered IT and software companies to pay zero corporate income tax on qualifying income from non-resident clients. It does not reduce personal income tax on employee salaries, which remains at Georgia’s standard 20% flat rate; the 5% salary tax sometimes associated with Georgian IT belongs to the separate International Company Status regime. The designation must be applied for after company registration; it is not automatic on incorporation. Income from Georgian-resident clients is excluded from the zero-tax treatment. Companies must maintain documentation of client residency and qualifying activities, as the Revenue Service conducts compliance reviews.
How quickly can a foreign entrepreneur register a company in Georgia?
An LLC can be registered at a Public Service Hall on the same day you attend, for approximately 100 GEL in state fees. You need a notarized copy of your passport, a proposed company name, and a description of the planned business activity. The tax identification number is issued within hours of registration approval. No local director, local shareholder, or minimum capital deposit is required, which places the Georgian registration process among the least restrictive in the region for foreign founders.
Does Georgia tax corporate profits annually, or only on distribution?
Only on distribution. Georgia’s corporate income tax is 15%, applied at the point of dividend distribution, not on annual retained earnings. A company that earns GEL 1 million in operating profit and retains all of it owes zero corporate tax in that year. For Virtual Zone companies, even the 15% distribution tax is eliminated on qualifying income streams. This makes the Georgian structure efficient for founders who plan to reinvest operating profit rather than extract it regularly.
Are government grants or VC funding programs available to foreign-founded startups?
GITA is the primary source of non-dilutive grant funding for technology companies, and foreign-founded companies registered in Georgia are eligible. Grant amounts range from GEL 50,000 to GEL 500,000 depending on the program. Enterprise Georgia provides co-financing and guarantee schemes for export-oriented businesses with an operating track record. For equity, seed rounds from local sources are available in the USD 50,000-300,000 range, but Series A fundraising requires engaging international investors.
What are the main payroll obligations when hiring staff in Georgia?
The employer withholds personal income tax at 20% for all employees, including those of Virtual Zone companies, and remits it by the 15th of the following month. The employer contributes 2% of gross salary to the mandatory pension fund; the employee contributes 2% and the government adds a matching 2%. There is no employer social security tax beyond the 2% pension. Health insurance is not legally mandated but is competitively expected at most internationally oriented companies operating in Tbilisi.
How does Georgia’s cost of living compare to other regional hubs?
Tbilisi is cheaper than Tallinn across salaries, accommodation, and office costs, while offering a comparable distribution-tax corporate model with the Virtual Zone overlay that Estonia does not provide. Against Yerevan, Tbilisi’s cost advantage has narrowed since 2022 due to Armenia’s relocation-driven inflation. Istanbul is cheaper in some categories in nominal TRY terms, but the 25% corporate tax rate and currency volatility change the financial comparison for a USD-revenue business. A 2-bedroom apartment in central Tbilisi costs GEL 2,000-3,500 per month; co-working space runs GEL 400-700 per month.
What residency options exist for foreign entrepreneurs in Georgia?
Citizens of more than 95 countries can enter and remain in Georgia visa-free for up to one year, which covers an initial setup period without formal residency. For founders who intend to base themselves long-term, the PSDA administers an entrepreneurial or employment-linked residence permit for company owners. There is no dedicated digital nomad visa, but the one-year visa-free arrangement covers the same practical ground for most nationalities during an evaluation period.
Sources
- Revenue Service of Georgia: Virtual Zone regime, tax registration, payroll obligations, and VAT rules
- National Agency of Public Registry (NAPR): Company registration process, fees, and timelines
- Enterprise Georgia: SME co-financing and guarantee programs for export-oriented businesses
- Georgian Innovation and Technology Agency (GITA): Grant programs, co-investment terms, and startup support
- Public Service Development Agency (PSDA): Residence permit categories and application process for foreign founders
