TAX & LEGAL ADVISORY
Experience exceptional tax planning, legal consulting, and compliance solutions - from streamlined office setups to comprehensive audit support - crafted exclusively for international businesses in Tbilisi, Georgia.
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Virtual Zone Status IT Company Setup in Georgia, Tbilisi
Georgia offers a unique opportunity for IT businesses through its Virtual Zone Status program. Companies engaged in IT activities can benefit from significant tax exemptions, making Georgia an attractive destination for software development, IT consulting, and related services.
Benefits of Virtual Zone Status
- 0% Corporate Income Tax: Profits from services provided to clients outside Georgia are exempt from corporate income tax.
- 0% VAT: No Value Added Tax on exported IT services.
- 5% Dividend Tax: A flat rate on dividends distributed to shareholders.
- No Annual License Fees: Once granted, the status does not require annual renewal fees.
- Remote Management: Companies can be managed remotely without the need for physical presence in Georgia.
Eligibility Criteria
To qualify for Virtual Zone Status, a company must:
- Be registered in Georgia as a legal entity (e.g., LLC).
- Engage in IT-related activities such as software development, IT consulting, or data processing.
- Provide services to clients located outside of Georgia.
Our Services
At TaxAdvisory.ge, we provide comprehensive support for setting up your Virtual Zone company:
- Company Registration: Assistance with registering your LLC in Georgia.
- Virtual Zone Status Application: Guidance through the application process to obtain the status.
- Bank Account Opening: Support in opening corporate bank accounts in multiple currencies.
- Legal Address Provision: Providing a registered address in Tbilisi for your company.
- Accounting and Tax Compliance: Ongoing support to ensure compliance with Georgian tax laws.
Process Overview
- Submit required documents, including passport copies and company details.
- Register the company with Georgian authorities.
- Apply for Virtual Zone Status through the Ministry of Finance.
- Open corporate bank accounts.
- Commence operations and enjoy tax benefits.
Pricing for Virtual Zone Status Company Setup
We offer both ready-made companies with an active IBAN account (where the company name can be changed during the transfer) and the option to register a new LLC company with a name of your choice. The pricing for both options is as follows:
Ready-made or Newly Registered IT Company with Virtual Zone Status: 4,600 GEL (approx. 1,480 EUR)
Our comprehensive package includes:
- LLC company established in 2025 (or newly established), with business activities defined as all legally permitted. No special license is required for activities like software development and maitenance, and digital software product sales.
- Fully paid fees for incorporation and transfer to a new director and shareholder (1 physical person), including Power of Attorney and a passport copy with Apostilles (legal translation included).
- Activation of Virtual Zone tax status license with information from the client about the IT activity of the company and an IT-related CV of the client.
- Certificates in English and Georgian.
- Founding Agreement and The Charter in English and Georgian.
- IBAN corporate bank account (USD, EUR, and GEL) with assistance in transferring it under your name as the new director (KYC forms need to be completed).
- Access to the rs.ge portal and other governmental portals.
- Prepaid legal address for 12 months in Tbilisi.
Note: The legal translation of the IT contract to the Georgian language is not included in the above price.
Contact Us
For expert assistance in setting up your Virtual Zone company in Georgia, please reach out to us:
- Email: info@taxadvisory.ge
- Phone/WhatsApp: +995 555 940 077