KNOW THE ADVANTAGES
OF DOING BUSINESS
IN AND FROM GEORGIA
Open the company in Georgia and operate all over the world with all the fiscal, tariff and governmental advantages that this magnificent Country offers.
TAXES ARE LOW AND VERY COMFORTABLE TO PAY IN GEORGIA
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Companies with Virtual Zone Person* status are exempt from VAT (18%) and corporation tax (15%). They should only be taxed on capital withdrawn in the form of a dividend paid to partners. The dividend tax is 5%.
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The Georgia incorporated Limited Liability Company (LLC) is not required to pay corporation tax (15%) until the partners of the company withdraw the dividends, even if this occurs years after generating such profit.
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Companies incorporated in Georgia's Free Industrial Zone are exempt from all company taxes: VAT (18%), corporation tax (15%), dividend tax (5%), property tax (1%), customs taxes (up to 18%). Only workers' income tax (20% of salary) must be paid.
* Virtual Zone Person - is a company with the certificate issued by the Ministry of Finance that enables the company to stop paying VAT (18%) and corporate tax (15%) on income generated outside the country in exchange of an information technology product or service produced within Georgian territory. Information technology product or service includes: study, development, implementation, support and administration of computer information systems, that is, software and computer equipment processing products.
ADVANTAGES OF DOING BUSINESS IN GEORGIA
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A politically stable investment destination
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Efficient, business-friendly and corruption-free governance
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Crypto-friendly government. Blockchain based Public registry.
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Market size expansion by free trade agreements
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Competitive cost of labor and energy.
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Gateway to the region
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Solid sovereign balance
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Stable banking sector
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Ranked 7th out of 190 countries in Ease of Doing Business 2020 (World Bank Group)
WE DO "CUSTOM SUITS"
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We put ourselves in the shoes of our clients and offer them the solutions that best suit the path to their goals.
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Our values are: Passion and Impetus, Honesty, Professionalism, Teamwork and Attention.
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At EVO we are a Spanish-Georgian team of legal and financial consulting. Our company is incorporated under Georgian law and we work internationally.
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The EVO family is made up of different specialized professionals who provide full coverage to all the needs that may arise in the development of the Project. These are legal, financial, accounting, translators, administrative technicians, engineers, and industry specialists.
GIVING SOLUTIONS
CONTACT US
THE WAYS TO ESTABLISH AN ECONOMIC ACTIVITY IN GEORGIA
When we decided to set out to create a company in Georgia, be it personal, family, limited liability (LLC) or a corporate one, we are faced with many doubts that, from the EVO Business Consulting team, we will solve all of them, in addition to that you will find many opportunities and tax benefits compared to other European countries, and you must meet very basic requirements for the formation of a company.
Every company requires incorporation documents to obtain a tax identification number that allows us to operate within Georgian and international law.
The procedures and documentation for the creation or opening of companies and their current bank accounts is very simple. We will help you at all times. EVO Business Consulting has a professional human team with a great experience and ability to solve all your doubts and needs, giving you complete advice on everything related to the company, from the constitution, opening of bank accounts, registration in the Georgian Revenue Service Agency, execution of all types of contracts, general business management and accounting. In addition, the EVO team will accompany you at all times, personally, in the necessary steps for the creation of the company, which, carried out in person, require 48 working hours, ending them with the company fully operational. In these procedures we have a long history and both business and personal experience of more than 10 years in the country.
EVO ensures that the name of the company chosen by the client is available. In counseling we look for the best tax alternatives for your companyor enterprise within the Georgia legal framework and thus meet the needs that are required for each of the different businesses or activities that the client wishes to incorporate into it.
From the EVO team we will be happy to give you all the details and information personally. And by involving them in our EVO business and personal motto, Giving Solutions, we will be happy to assist you personally. (Contact us by Whatsapp)
Below we present the legal forms or type of companies that can be created in Georgia:
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Joint-Stock Company (JSC)
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Limited Liability Company (LLC)
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General Partnership (GP)
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Limited Partnership (LP)
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Cooperative (CO)
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Individual Enterprise (IE)