Project Description

• No payroll tax or social insurance tax.
• No capital gains tax.
• No wealth tax, inheritance tax or stamp duty.
• Foreign-source income of individuals fully exempted.
• A model been has launched since January 1, 2017, which means that reinvested profit will be free from taxes until distribution of dividends.
• SVery strong political commitment to low and simple taxation and improvement of services.
• Significantly streamlined tax and customs administration geared towards provision of maximum comfort to businesses and investors.
• Georgia has double taxation avoidance treaties with 54 countries.