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Articles & Guides

Practical advice on compliance and doing business in Georgia. Written by our team.

Banking

Opening a Georgian Bank Account: A Step-by-Step Guide for Foreigners

This guide covers how to open a bank account in Georgia for individuals, individual entrepreneurs (IEs), and LLCs.

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Tax Residency

Georgia Tax Residency Certificate: Eligibility, Process & Fees

A Tax Residency Certificate (TRC) is an official document issued by Georgia's Revenue Service confirming your tax residency status in the country for a specific calendar year.

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Property Tax

Property Taxes in Georgia: Here's What You Need to Know

Understanding property taxes in Georgia is crucial for property owners, whether you're buying, selling, or simply holding onto real estate.

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VAT

VAT Registration in Georgia: A Comprehensive Guide

Value Added Tax (VAT) is a significant aspect of the tax system in Georgia. Understanding the VAT registration process is essential for businesses to comply with Georgian tax laws.

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Payments

How Georgian Businesses Can Easily Receive Payments from International Clients

Based on our experience with 500+ foreign business owners in Georgia, handling international transfers frequently becomes a major obstacle. Here's how Wise can help.

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Tax Compliance

A Foreigner's Guide to Navigating Georgia's Tax Portal and Avoiding Payment Pitfalls

A common technical quirk in Georgia's RS portal can lead to payments being misapplied or lost. Here's how to avoid it.

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Tax Audits

Tax Audits in Georgia: Process, Documents & Appeals

The Georgian Revenue Service uses risk-based criteria to select taxpayers for audit. Here's what to expect and how to prepare.

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Business Setup

Business Setup Types in Georgia: An Overview of Legal Structures and Tax Benefits

Georgia offers a business-friendly environment with low tax rates and a simplified company registration process. Here's an overview of the main business setup types.

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Virtual Zone

Accounting for Virtual Zone (VZ) Companies in Georgia: Key Considerations

Georgia's Virtual Zone program offers substantial tax benefits to IT companies, but proper accounting is crucial to preserving these advantages.

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