Georgia Tax Overview

Georgia Tax Overview

Georgia tax system at a glance (2025)

• Overview of Georgia tax system — Georgia (the country, in the South Caucasus) runs a low, broadly flat tax system administered by the Revenue Service under the Ministry of Finance. Personal income is taxed at a flat rate, corporate profit is taxed only on distribution (the Estonian model), and VAT applies at a single standard rate.
• Tax year — Calendar year (1 January – 31 December) (Tax Code of Georgia)
• Currency — Georgian lari (GEL) (Tax Code of Georgia)
• Tax authority — Revenue Service of Georgia (under the Ministry of Finance) (Tax Code of Georgia (https://rs.ge))
• Residence / taxation basis — Territorial — residents and non-residents are generally taxed only on Georgian-source income; foreign-source income of resident individuals is largely exempt (Tax Code of Georgia (https://taxsummaries.pwc.com/georgia/individual/taxes-on-personal-income))
• Headline personal income tax rate — 20% percent (Tax Code of Georgia (https://taxsummaries.pwc.com/georgia/individual/taxes-on-personal-income))
• Standard corporate income tax rate — 15% percent (on distributed profit) (Tax Code of Georgia — https://taxsummaries.pwc.com/georgia/corporate/taxes-on-corporate-income)
• Does VAT exist? Standard VAT rate — Yes — standard VAT rate 18% percent (Tax Code of Georgia (https://taxsummaries.pwc.com/georgia/corporate/other-taxes))
• Annual personal/profit (small business) return deadline — 31 March of the year following the reporting year (Tax Code of Georgia (https://expathub.ge/annual-tax-return-georgia/))
• Corporate (profit) tax filing frequency — Monthly — return due by the 15th day of the month following the month of the taxable transaction/distribution (Tax Code of Georgia (https://taxsummaries.pwc.com/georgia/corporate/tax-administration))
• VAT filing frequency — Monthly — return and payment due by the 15th day of the following month (approx — confirm; some sources cite a 15th-of-month VAT deadline while others reference quarterly excise reporting) (Tax Code of Georgia)