Bookkeeping in Tbilisi

When you need an accountant in Tbilisi

Georgia is a tax haven for freelancers and IT professionals from the CIS, but you need to use the benefits correctly. An accountant is essential for: small business status (1% tax), registering a sole proprietorship or company, VAT, and IT tax incentives.

Price reference: bookkeeping for a sole proprietor — $40–120/mo, company — $100–300/mo. Initial consultation with SVOY accountants — free.

What matters specifically for Russian speakers from the CIS

• 1% tax — the main perk. Small Business Status for sole traders — 1% on turnover up to 500,000 GEL per year. Ideal for freelancers and remote workers from the CIS; an accountant will register the status correctly.
• Territorial principle. Foreign-sourced income for individuals is often not taxed in Georgia — but this needs to be structured correctly.
• Income from clients in Russia. A Georgian account plus USDT and international transfers; banks may ask for proof of ties to the country.
• CIS documents. For registration — apostille and translation, all done remotely.

Taxes and business structures

• Sole trader with small business status — 1% of turnover (up to 500k GEL), above that — 3%;
• standard income tax 20%, corporate tax under the Estonian model — 15% only on profit distribution;
• VAT 18% on turnover above 100,000 GEL.

IT and Virtual Zone

For IT companies — Virtual Zone and International Company statuses: 0–5% corporate tax, export of IT services with almost no taxation. A powerful tool for developers from the CIS.

How to choose an accountant

• hire a specialist who has handled Small Business Status and Virtual Zone registrations;
• clarify territorial taxation as it applies to your situation;
• a Russian-speaking accountant will handle everything more precisely.

Looking for an accountant in Tbilisi? Describe your situation — we’ll answer your questions for free, and a specialist will personally review your case.