Georgia Tax Overview

Georgia tax system at a glance (2025)

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)
• 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)
• Headline personal income tax rate — 20% % (Tax Code of Georgia)
• Headline corporate income tax rate (on distributed profit) — 15% % (Estonian model — tax due only when profit is distributed; 20% for banks, credit unions, microfinance and loan providers) (Tax Code of Georgia)
• Does VAT exist? — Yes — standard VAT rate 18% % (Tax Code of Georgia)
• Annual personal/profit (small business) return deadline — 31 March of the year following the reporting year (Tax Code of 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)
• 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)