How to Register an Individual Entrepreneur (IE) in Georgia

Want to start your own business in Georgia without unnecessary bureaucracy? We provide a full range of services for registering an Individual Entrepreneur (IE), handling all formalities for you. This allows you to focus on growing your business while we take care of the paperwork.

Our services include:

  • Preparation and filing of all necessary documents
  • Provision of a legal address
  • Full support in submitting documents to the Public Service Hall “turnkey”
  • Assistance with registering for the small business tax regime (optional)

Required documents for registration:

  • Valid passport
  • Active Georgian phone number
  • Email address

Start your business in Georgia quickly, easily, and safely!

Start Your Business in Georgia Quickly and Easily

Georgia is an attractive country for entrepreneurs, thanks to low taxes, strategic location, and participation in international agreements. Doing business here is convenient, and registering as an Individual Entrepreneur is simple and transparent.

Advantages for Foreigners and Freelancers

Freelancers and small business owners can benefit from the micro-business tax regime, which requires minimal documentation, making the business setup fast and hassle-free.

Get Your IE in Just One Day

Georgia is rapidly developing, attracting investments, and supporting startups in IT and other modern industries. You can obtain Individual Entrepreneur status literally in one day.

Full Turnkey Support

We handle all formalities: document preparation, provision of a legal address, submission to the Public Service Hall, and assistance with the tax regime. You focus on business growth while we take care of the bureaucracy.

Opening a Bank Account for Entrepreneurs

Properly setting up a bank account is crucial for an Individual Entrepreneur. Key points:

  • Business status: the account is assigned business status. You can open a new account or convert an existing one.
  • Separate accounts: it’s recommended to separate personal and business transactions for easier expense tracking.
  • Tax base: automatically calculated based on business account income.
  • Separate income: personal transactions do not count towards the tax base if handled through a separate account.

Individual Entrepreneurs and Small Business in Georgia: Registration Process

To register as an Individual Entrepreneur in Georgia, you need to meet a few simple requirements:

  • Age: must be at least 18 years old
  • Passport: a valid passport with personal information. Non-residents need a valid international passport with entry records
  • Bank account: required for financial operations (opening initially is optional)
  • Type of activity: choose a business activity in accordance with Georgian law
  • Registration application: complete and submit the official application
  • Legal address: you must have premises for registration; a copy of the rental agreement is needed

You can complete this process yourself or entrust it to our team. We provide turnkey registration, and all you need is your passport, Georgian phone number, and email.

Taxes, Declarations, and Reporting for Individual Entrepreneurs

Individual Entrepreneurs in Georgia can benefit from a simplified tax system, especially for small businesses.

Tax rate for small business:

  • 1% — annual turnover up to 500,000 GEL (~$200,000 USD)
  • 3% — annual turnover above 500,000 GEL

Additional benefits:

  • No personal income tax: IEs do not pay income tax
  • Single declaration: only one income declaration per reporting period
  • Online service: free online reporting platform available in Georgian and English

Key tax points:

  • Income tax declaration: mandatory for all IEs; simplified form for micro and small businesses includes quarterly income data
  • VAT declaration: required only if annual turnover exceeds 100,000 GEL; otherwise, it’s not necessary
  • Payroll and social contributions report: mandatory if you hire employees
  • Tax payment deadlines: monthly, no later than the 15th of the month following the reporting period
  • Small business status: granted on the day of IE registration, effective from the 1st of the following month
  • Activity code selection: crucial for correct taxation; small business status may be disputed if activity does not match the chosen code

Legal Responsibility of Individual Entrepreneurs in Georgia

Individual Entrepreneurs (IEs) in Georgia bear certain responsibilities and obligations:

Financial responsibility:

  • Full liability: IEs are personally liable for debts with all their assets, movable and immovable
  • No separation of assets: personal and business assets are not separated, unlike legal entities
  • Successor liability: if IE registration is canceled, all debts transfer to the individual
  • International claims: creditors may collect debts from foreign assets

Reporting:

  • Single declaration: one income declaration per reporting period
  • Online service: free platform for submitting reports
  • Reporting deadlines: documents must be submitted by the 15th of the month following the reporting period

Other important points:

  • Acting in own name: IEs operate in their own name, with clarifications if needed
  • Compliance: must follow all Georgian laws and regulations
  • Responsibility for employees: liable for actions of hired employees

Key Legal Points for Registering an IE in Georgia

  • Legal address: mandatory for registration
  • Owner consent: required if renting property
  • Small business status: must be applied separately via tax service
  • Activity code: defines tax obligations and benefits; choose carefully
  • Restricted activities: includes financial services, legal consulting, gambling, etc.
  • Remote registration: possible via power of attorney, convenient for foreigners
  • Legal support: our specialists assist with documents, translation, and interactions with authorities
  • Registration cost: varies depending on the method (self-registration, using specialists, remote) from 200 GEL to 300 USD

Tip: Legal nuances can be complicated for beginners. Consultation with a qualified lawyer is recommended to avoid mistakes.

Step-by-Step Process to Register an IE in Georgia

  • Consultation — discuss your goals with our specialists
  • Application submission — prepare and file documents with government authorities
  • Certificate of registration — receive official IE registration certificate
  • Small business status — optional registration to pay 1% tax on income up to 500,000 GEL per year
  • Start your business — legally and transparently begin your entrepreneurial activity
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SGA — Your Reliable Partner in Georgia

We help bring your business ideas to life with minimal effort and maximum efficiency. By entrusting us with IE registration, you can focus on growing your business while we handle all formalit

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    Contact Info

    Office Address
    Georgi Tovstonogovis Street, 3, Tbilisi
    Telephone
    +995 555 28 86 33
    Mail Us
    office@sga.ge
    Opening Hours

    Mon-Fri: 10:00-18:00
    Sat-Sun: Closed

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