How to register as an individual entrepreneur with small business status (1% tax) in Tbilisi, Georgia?
Based on 2 discussions with 2 participants · Last activity: 2 days ago
Based on 2 discussions with 2 participants · Last activity: 2 days ago
TL;DR
Individual entrepreneur status is registered at the House of Justice in Tbilisi with 1% turnover tax as a small business; after registration you must file monthly tax declarations (many hire a Russian-speaking accountant) and check whether a new work permit law applies to you.
After registering as a small-business IP (1% tax), you must file a monthly tax declaration — many look for a Russian-speaking accountant to handle this. It's also unclear whether a new law requires a separate work permit to operate under this IP status.
The individual entrepreneur registration is done at the House of Justice in Tbilisi, where you select a tax regime — including small business status with a 1% turnover tax.
If you need a full company instead of a sole proprietorship, an LLC can be registered with legal support from drafting the charter to delivering final documents.
Support is also available for opening both personal and business bank accounts at major Georgian banks.
Once the business is registered, you can apply for a residence permit at the House of Justice, with help from document collection through application submission.