Relocating Your Business to Georgia: Complete Guide
January 2025 Β· 10 min read
Georgia has become a top destination for entrepreneurs seeking a business-friendly environment with low taxes, minimal bureaucracy, and high quality of life.
Why Georgia?
Tax Advantages
- 0% corporate tax on retained earnings (Estonian model)
- 15% tax only on distributed profits
- 0% tax on foreign income for IT companies (VZP status)
- 1% tax for small businesses under 500,000 GEL turnover
Ease of Doing Business
- Company registration in 1 day
- No minimum capital requirement
- 100% foreign ownership allowed
- No work permits required
Quality of Life
- Low cost of living (50-70% cheaper than Western Europe)
- Safe country with low crime rates
- Beautiful nature and mild climate
- Growing expat community
Relocation Timeline
| Week | Tasks |
|---|---|
| Week 1 | Arrival, company registration, SIM card |
| Week 2 | Bank account opening, accounting setup |
| Week 3-4 | Office/apartment, operational setup |
| Month 2 | Residence permit application (optional) |
Cost of Living
Monthly budget estimate (single person):
- Rent: $500-800
- Food: $300-500
- Transport: $50-100
- Utilities & Internet: $100-150
- Total: $1,000-1,600/month
We Help With Your Relocation
Modern Consulting provides full relocation support:
- Company registration and structuring
- Bank account opening assistance
- Residence permit guidance
- Ongoing accounting and tax compliance
- Local connections and introductions