Unlock Entrepreneurial Freedom: Georgia’s 1% Tax for Individual Entrepreneurs

Georgia’s IE regime lets freelancers and founders pay as little as 1% on turnover while enjoying a fast, low-bureaucracy setup. It’s a strategic way to keep more cash for growth.

Benefits of Registering as an Individual Entrepreneur

• 1% tax on revenue up to GEL 500k (≈$170k).
• Simplified, streamlined compliance.
• Operational flexibility—set your own direction and hours.
• Access to international markets from a Europe/Asia hub.

Requirements & Process

• Apply at the House of Justice (in person or via proxy).
• Provide passport/ID and business activity details; translate non-Georgian docs.
• Low registration fees; typical completion in a few days.

How It Compares

• Far lighter tax burden than high-tax countries.
• Accessibility to authorities speeds resolutions.
• Similar to other tax-friendly hubs but with a unique 1% IE regime.

Practical Tips

• Get local tax/legal advice; register for the 1% status correctly.
• Keep clean books and separate business accounts.
• Stay organized for filings to avoid penalties.

Key Benefits (Recap)

• Low tax rate leaves capital for growth.
• Quick registration; minimal bureaucracy.
• Flexible sole-proprietor structure.
• Access to a vibrant local economy and partnerships.

Key Considerations

• Meet legal obligations and filing deadlines.
• Plan finances; 1% applies within turnover limits and allowed activities.
• Do market research before launch.

Georgia’s IE path offers a rare mix of ultra-low tax, speed, and flexibility. With solid compliance and planning, it can be your launchpad for a lean, globally focused business.