We are pleased to announce that the popular online platform Etsy has officially entered the Georgian market, opening new opportunities for local artisans and craftsmen. Georgian creators can now sell their handmade products, vintage items and unique accessories to millions of buyers around the world.

Registration and requirements

In order to start selling on Etsy, Georgian sellers need to go through a registration process that includes verification of identity. It is important to note that verification will require providing an identification document issued by Georgian authorities, such as a driver's license or residence permit. The use of foreign documents, such as Russian passports, is not allowed.

Etsy Payments

Etsy uses the Etsy Payments system to process transactions. In Georgia, this system is available through integration with Payoneer. This means that sellers need to have a Payoneer account to receive funds from sales. Thanks to this cooperation, the process of receiving payments becomes more convenient and faster.

Tax liabilities

Sellers from Georgia should be aware that Etsy commissions may be subject to Value Added Tax (VAT) at a rate of 18%. However, by providing your Tax ID in your account settings, you can avoid additional taxation. This is especially important for registered entrepreneurs and companies.

Advantages for Georgian craftsmen

Etsy's entry into the Georgian market provides local artisans with a unique opportunity to present their work on the international stage. The platform brings together independent creators with buyers looking for unique and original products. Thus, Georgian artisans can not only expand their business, but also contribute to the popularization of national culture and traditions.

The official launch of Etsy in Georgia opens wide prospects for development and growth for local craftsmen and artisans. Compliance with the platform's requirements and tax obligations will make it possible to effectively utilize all the advantages of this international trading platform.