Note: The article below does not constitute legal advice or tax consultation. Its purpose is to provide general information about…
Gela Barshovi
Gela Barshovi is an international and Georgian tax consultant and founder of Tbilisi-based accounting/consulting firm TPsolution.
Georgia's 2025 HNWI Tax Residency Certificate: Become a Tax Resident Without Spending a Single Day in the Country
Initial Note: This article is written by Gela Barshovi, a Georgian and international tax consultant actively involved in securing HNWI…
Transfer Pricing Documentation Requirements in Georgia: A Comprehensive Guide
Initial Note: This article is written by Gela Barshovi, a Transfer Pricing specialist and former tax inspector of the Transfer…
Business Registration Procedure in Georgia: A Comprehensive Guide for Individuals and Companies Planning to Relocate to Georgia in 2025
In this article, I will outline the detailed steps, procedures, timing, and necessary information for business registration in the Republic…
„High Net Worth Individuals“ Entitled to Obtain Georgia’s Tax Residency Certificate Without Spending 183 Days Here
If you aspire to become a tax resident without having to spend 6 months in a country, Georgia may be…
Foreign Source Income in Georgia
What really is the “foreigner source (tax-exempted) income” for Georgian tax purposes? The common misunderstanding of the term Foreign source income…
New Approach of Georgian Tax Authorities Regarding „Virtual Zone Persons“
Introduction Companies providing certain type of IT services from Georgia to foreign customers can obtain a certificate of “Virtual Zone…
„Small Business“ Status (1% Taxation) in Georgia Does Not Apply to Employment Contracts. What to Know?
Introduction If an individual qualifies under a “small business” status, he/she can enjoy 1% taxation in Georgia. Although, there are…
Tax Incentives in Georgia for It Companies Holding the Status of a “Virtual Zone Person” or an “International Company”, Which One Is Better and Why?
The Republic of Georgia offers multiple tax benefits to IT firms registered in Georgia who provide services abroad. In particular,…
Republic of Georgia - “Tax paradise” for Natural Person Entrepreneurs
ECONOMICS GELA BARSHOVI – CURRENT EVENTS.
A Few Among Many Reasons of Why to Invest in Georgia
You need only one day and no capital to found a company in Georgia.
Tax Incentives for IT Corporations in Georgia
Georgia ranks 9th in the World Bank Doing Business rankings.
International Aspects of Georgia’s Tax Legislation
Georgia is a developing, low-cost country with a growing economy.