Upwork -20% for an IE in Georgia

Save up to 20% on taxes by working on Upwork as an IE in Georgia. Start your business with simple regulations and corruption-free at a low tax rate.

Why Georgia?

Georgia is No. 2 country in the ease of starting a business in the EU.

Does not exchange tax and banking information with the Russian Federation, the Republic of Belarus, etc.

Georgia is No. 7 in the world in Ease of Doing Business.

No requirement to rent an office.

Registration and business management remotely.

Lack of currency control.

Remote accounting and reporting.

No “offshore” stamp.

Remote company registration is possible.

No requirement for a minimum authorized capital.

Residence permit for a new individual entrepreneur for 6 months.

Residence permit for the director of a new LLC for 6 months.

Business account in PayPal or other payment system.

We open an account in a bank or payment system. TBC Bank, Bank of Georgia, Credo bank, WISE, Payoneer.

We provide legal address for 1 year in Batumi or Tbilisi. We'll help you confirm sabstance (business presence).

Cost of submission of the declarations since November 1, 2022 – $50. Consulting service and support – on the volume of tasks.