🇬🇪 SMALL BUSINESS STATUS (1% TAX)
Georgia — Special Tax Regime
Status
Active
Effective From
Jan 1, 2010
📋 DETAILS
Summary
1% turnover-based tax for individual entrepreneurs with Small Business Status, replacing income tax, VAT, and other taxes.
Eligibility
Must be registered as Individual Entrepreneur. Annual turnover must not exceed GEL 500,000. Must not be engaged in prohibited activities.
Benefits
1% flat tax on gross turnover. No VAT obligation below GEL 100,000. Replaces income tax.
Requirements
Must register as IE and apply for Small Business Status.
Limitations
GEL 500,000 annual turnover cap. Certain activities excluded. 3% rate on excess over GEL 500k.
Income Types Covered
Business/freelance turnover
Duration Details
Indefinite (while conditions met)
💰 FINANCIAL
Flat Rate
1.0%
🏛 COUNTRY TAX CONTEXT
Tax System
Territorial
Top PIT Rate
20.0%
Corporate Tax
15.0%
VAT
18.0%
Capital Gains
20.0%
Treaty Count
56
📋 OTHER REGIMES IN GEORGIA
| Name | Type | Rate |
|---|---|---|
| Virtual Zone IT Company | Free zone | 0.0% |
📚 SOURCE
Georgia Revenue Service
View source →
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