Many relocators, choosing Georgia for doing business, choose the status of individual entrepreneur (IE) with an attractive tax rate of 1%. But it's not that simple! Not every type of activity falls under the category of "small business" and can count on such a benefit.

Why is it important to choose the right activity code?

• Tax rate: Incorrect choice of code can lead to the application of the general taxation system with a profit tax of 20% and VAT of 18%. For example, consulting services, including psychological ones, are always taxed at a higher rate.
• Accounting: The selected code determines the volume and complexity of accounting reports.
• Government programs: Some types of activities may provide access to government support programs.

Popular codes for small businesses in Georgia

If you plan to engage in:

• IT services: programming, web development, IT consulting (please note that some types of IT consulting may not fall under 1%)
• Tourism: tour creation, hotel reservations
• Online marketing: blogging, SMM, contextual advertising
• Other types of online services: creation of web portals, provision of information services

then you can count on a tax rate of 1%.

How to choose the correct activity code?

You can choose the code in the taxpayer's personal account after registering as an individual entrepreneur. However, it is better to consult with specialists in advance.

Why should you contact ESPERO?

• Professional consultation: We will help you choose the optimal code for the type of activity, taking into account the specifics of your business.
• Registration support: We will take care of all formalities related to the registration of an individual entrepreneur.
• Accounting services: Our specialists will ensure proper accounting.

Don't risk your business!

Choose a reliable partner and get the most out of doing business in Georgia. ESPERO is ready to help you at every stage.

Key benefits of working with ESPERO

1. Expertise: Deep knowledge of Georgian legislation and taxation features.
2. Individual approach: Development of solutions tailored to your specific needs.
3. Comprehensive service: Registration, accounting, legal support.

Contact us today and start your business in Georgia on favorable terms!