Individual Enterprise

Individual enterprise (IE) Foreigner is allowed to register Individual Enterprise in Georgia, obtain status of small business and pay 1% on up to 500 000 GEL (around 137 000 EUR) annual turnover. IE will pay 3% fixed tax on top of 500 000 GEL annual turnover. IE enjoys simplified declaration procedures and is Ideal for small entrepreneurs involved in intermediary or any other non-investment related activities. For further details, please follow the link.