Tax Overview in Georgia

Georgia tax system at a glance (2026)

Georgia (the country in the South Caucasus, not the US state) runs a low, mostly flat tax system under one Tax Code, collected by the Revenue Service. Personal income is taxed at a flat 20%. Company profit is taxed only when it is distributed. VAT has a single standard rate. Figures below are from the consolidated Tax Code on matsne.gov.ge, publication of 15 October 2026 (Law No 1888, published 16 October 2026), read on 31 October 2026.

• National and local taxes: the national taxes are income tax, profit tax, VAT, excise and import duty. Property tax is a local tax (Tax Code art. 6(5), (6))
• Tax year: the calendar year for most persons. Companies on the distributed-profit model account by calendar month (Tax Code art. 135(1), (2))
• Currency: Georgian lari (GEL); Tax Code amounts are stated in GEL (Tax Code, e.g. art. 165(1))
• Tax authority: the Revenue Service, a legal entity under public law within the Ministry of Finance (Tax Code art. 48(1), (2))
• Residence, individuals: resident for the whole tax year if present in Georgia for 183 days or more in any continuous 12-month period ending in that year. High net worth individuals can be granted residence by the Minister of Finance (Tax Code art. 34(2), (6)). Detail: georgia-income-tax.
• Residence, companies: a Georgian enterprise has its place of business or place of management in Georgia (Tax Code art. 22(1)). Detail: ge-corporate-income-tax.
• Taxation basis, individuals: income (including gains) of a resident individual that is not Georgian-source income is exempt. In effect, residents are taxed on Georgian-source income only (Tax Code art. 82(1)(u)). Non-residents are taxed on Georgian-source income (Tax Code art. 80(2), (3))
• Headline personal income tax rate: 20% flat (Tax Code art. 81(1)). Rent of residential space for living, with no deductions claimed: 5% (art. 81(2)). Detail: georgia-income-tax.
• Small business status: an individual entrepreneur pays 1% of taxable income, which is Georgian-source income other than salary and the excluded income types (Tax Code art. 90(1), (3)). Once gross income for the year passes GEL 500,000 (GEL 700,000 for wine and agro tourism), the rate is 3% from the start of the month the limit is passed to the end of the year (art. 90(2)). A monthly return and payment are due by the 15th (art. 93(1^1)). Detail: georgia-tax-optimization.
• Micro business status: an individual with no employees and gross income up to GEL 30,000 a year pays no income tax (Tax Code arts. 84(1), 86)
• Profit tax (companies): 15% (Tax Code art. 98(1)). It is charged on distributed profit, costs unrelated to the business, free supplies and entertainment over the cap, each divided by 0.85 (art. 97(1), (10)). Profit kept in the company is not taxed. Banks, credit unions, microfinance organisations and loan providers pay 20% on annual profit (arts. 97(12), 98(4)). Detail: ge-corporate-income-tax.
• Withholding on dividends and interest: 5% (Tax Code arts. 130(1), 131(1)). Most other Georgian-source payments to non-residents: 10%; to a person in a preferential tax country: 15% (art. 134(1)(e), (1^1))
• VAT: standard rate 18% (Tax Code art. 166). Registration is required within 2 business days of exceeding GEL 100,000 of taxable supplies in any 12 consecutive months (art. 165(1)). Detail: georgia-vat.
• VAT filing: the tax period is a calendar month; the return and payment are due by the 15th of the following month (Tax Code arts. 167, 168(1))
• Profit tax filing: a monthly return by the 15th of the following month (Tax Code art. 153(10)). The tax is paid by the same date (art. 62(2))
• Payroll: employers withhold income tax and file a monthly return on salaries paid and tax withheld by the 15th of the following month (Tax Code art. 153(5)). Withheld tax goes to the budget when the salary is paid (art. 154(3)(a)). Detail: georgia-payroll; funded pension contributions: georgia-social-contributions.
• Annual income tax return: residents whose income was not taxed at source, and others outside the monthly profit tax regime, file before 1 April of the following year (Georgian text: "1 აპრილამდე", so by 31 March) (Tax Code art. 153(1))
• Current (advance) income and profit tax payments: for taxpayers on a calendar-year basis, 25% of last year's tax each by 15 May, 15 July, 15 September and 15 December (Tax Code art. 155(1))
• Property tax (companies): up to 1% a year of the average net book value of taxable property, set locally within that cap (Tax Code arts. 6(6), 202(1))
• Late payment: penalty interest of 0.05% of the unpaid tax for each day late (Tax Code art. 272(4))

Sources

Source	URL	Read on
Tax Code of Georgia, consolidated English text, publication of 15 October 2026 (arts. 6, 22, 34, 48, 62, 80 to 98, 130, 131, 134, 135, 153 to 155, 165 to 168, 202, 272)	https://matsne.gov.ge/en/document/view/1043717?publication=247	2026-10-31
Tax Code of Georgia, Georgian original, same publication (art. 153(1) "before 1 April")	https://matsne.gov.ge/ka/document/view/1043717?publication=247	2026-10-31

Not yet confirmed: the funded pension contribution rates (not stated here; see georgia-social-contributions, being rebuilt to 2026); the excise and import duty rates; local property tax rates actually set by each municipality and the property tax on individuals and land; the procedure for residence of high net worth individuals (Minister of Finance order, not read).