Territorial taxation: Foreign income untaxed. Only Georgia-source income faces Georgian tax.
1% tax is optional: Small Business status gives 1% tax on gross up to GEL 500,000 (~$185,000/year).
Exceeding the threshold once: If you exceed GEL 500,000 in one year, tax rate jumps to 3% retroactively on the entire year’s income. You keep Small Business Status.
Exceeding twice in a row: If you exceed GEL 500,000 in two consecutive years, Small Business Status is automatically revoked on January 1 of the third year. Standard tax rates apply going forward.
No minimum stay: Maintain residency without living in Georgia full-time. Visit when convenient.
Annual turnover requirement: Must maintain GEL 50,000+ annual turnover to renew residency. Bank statements or contracts verify this.
Banking access: Georgian residency and IE status open doors to local banking.
Right to Work: As of March 2026, formal Right to Work authorization required. Included in our setup.
Ideal for global planning: Georgia freelance residency combines well with offshore structures and territorial tax strategies.