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Georgia (Country) Company Formation

Georgia LLC: 1% Tax on IT Services via the Virtual Zone

Georgia's Virtual Zone status gives qualifying IT companies a 1% effective tax rate on foreign-sourced income. Fast incorporation, low costs, and a strong banking infrastructure.

Form a Georgia Company Talk to Our Team

Who this is for

  • IT and software companies looking for a low-tax jurisdiction in Europe/Caucasus
  • Tech freelancers and developers wanting to incorporate with a 1% effective tax rate
  • Digital nomads already using Georgia's 'Remotely from Georgia' program
  • Founders wanting fast, affordable company formation with EU-adjacent banking
Pricing
from $599

Georgian government registration fees (~$50–$100) are included. Bank account assistance is included.

Form a Georgia Company

What's included

How it works

Step 1

Entity and Virtual Zone eligibility confirmed

We confirm your business activity qualifies for Virtual Zone status (IT services to foreign clients).

Step 2

LLC incorporated

Registered with the National Agency of Public Registry. Typically 1–3 business days.

Step 3

Virtual Zone status granted

Applied separately from incorporation; granted by the Revenue Service of Georgia.

Step 4

Bank account opened

We assist with TBC Bank or Bank of Georgia account opening in Tbilisi.

Frequently asked questions

What is Georgia's Virtual Zone?

The Virtual Zone is a Georgian tax status for IT companies that supply services exclusively to clients outside Georgia. Qualifying companies pay 0% Georgian corporate tax on those foreign-sourced IT revenues, plus a 5% dividend distribution tax – an effective rate of ~1% on profits distributed.

What activities qualify for Virtual Zone?

Software development, IT consulting, SaaS, cybersecurity, and similar technology services provided to foreign clients typically qualify. Retail, trading, and non-IT services do not.

Do I need to be in Georgia to incorporate?

You can prepare the paperwork remotely, but for most banks in Georgia you will need to be present in person to open an account. The incorporation itself can be done via power of attorney.

Is Georgia in the EU?

No. Georgia is an independent country in the South Caucasus. It is not an EU member, but has an Association Agreement with the EU and EU candidate status applied for in 2022.

Ready to get started?

Fixed price, real-time tracking, and expert handling — from first document to final approval.

Form a Georgia Company

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