Accounting Outsourcing and
Tax compliance in Georgia
Georgia – Accounting Outsourcing and Tax Compliance
Global Expansion Plus provides accounting outsourcing and tax compliance in Georgia. We provide services with support of our local accountants and tax specialists. We will perform bookkeeping, accounting and filling tax return on your behalf bearing all associated compliance risks.
The state of Georgia incorporates a simple, spread out tax system that encompasses its legal entities and citizens, in the form of tax rates. Different rates apply for different incomes. Georgian tax system is interesting as it simple and offers equity among its citizens and legal entities.
Georgia in facts
Corporate income tax (CIT)
Value-added Tax (VAT)
Personal Income tax (PIT)
Withholding Tax (WHT) Accounting
Import/ Export related taxation
When goods are crossing the Georgian borders, they are subject to charges that constitute the custom duties. Nevertheless, the rates will defer depending on the type of products that are coming into the country. The rates range from 0% to 12%. For cars imported, the rate is GEL 0.05 per the volume of the car engine and an additional 5% for every year an individual owns the vehicle.