Georgia's headline corporate income tax (CIT) rate is 15 (20 for banks/microfinance).
The headline personal income tax (PIT) rate is 20.
The standard VAT/GST (or equivalent consumption tax) rate is 18. Registration thresholds, zero-rated and exempt categories, and reduced rates vary - see the source link below for full detail.
Confirmed via Georgia's own Tax Code, quoted directly in an OECD residency filing: an individual is tax resident if actually present in Georgia for 183 or more days in any continuous 12-calendar-month period ending in the relevant tax year (each day of presence counts regardless of hours present), or if serving abroad in Georgia's public service during that year. Time spent outside Georgia specifically for treatment, leisure, business travel, or education does not break the count of days actually present, and days already used to establish one 12-month residency period cannot be recounted toward a later period. Georgia also offers a High Net Worth Individual (HNWI) residency route requiring proof of Georgian assets of at least USD 500,000 or Georgian-connected income/asset thresholds, without the 183-day physical presence requirement. A company is tax resident if incorporated in Georgia or if its place of effective management (where the board of directors exercises decision-making) is in Georgia, though in practice Georgian tax authorities rely mainly on registration.
Confirmed directly via PwC's Corporate Group Taxation summary ("Georgia tax legislation does not provide CFC rules") and independently corroborated by Freeman Law, Legal500's Country Comparative Guide, and multiple company-formation sources. This is structurally consistent with Georgia's distributed-profits corporate tax model: retained corporate profits are not taxed at all (0%), with the 15% corporate rate applying only when profits are actually distributed as dividends - a system built around when income is realized rather than where a controlled entity sits, leaving no natural role for a CFC-style attribution rule. Note that Georgia's own absence of CFC rules does not affect a foreign tax resident's home-country CFC exposure over a Georgian company they control - that depends entirely on the shareholder's own country of tax residence, not on Georgian law.
Confirmed directly via PwC: "No thin capitalisation rules are applicable in Georgia," independently corroborated by two further sources. Related-party transactions generally, including intra-group financing, remain subject to Georgia's transfer pricing rules, which apply the OECD's five recognized arm's-length methods (comparable uncontrolled price, resale price, cost plus, transactional net margin, and profit split).
Georgia has no domestic FBAR/Form 8938-equivalent requiring its residents to self-report foreign accounts - consistent with its territorial system, under which foreign-source income generally sits outside the Georgian tax base for individuals. Georgia joined the OECD Common Reporting Standard in 2022, with 2023 as the first reporting year; Georgian banks collect tax-residency data from account holders and report reportable accounts (based on the holder's declared tax residency, not their citizenship) to the Georgian tax authority for exchange with CRS partner countries. The United States does not participate in CRS, operating its own separate FATCA framework instead; confirm the current status of any Georgia-US FATCA intergovernmental agreement directly with a Georgian financial institution or advisor before relying on it for a specific account. Separately and independently of Georgian law, US citizens and Green Card holders with Georgia-connected accounts remain obligated to file FinCEN Form 114 (FBAR) once aggregate foreign accounts exceed USD 10,000, and potentially Form 8938, regardless of Georgia's own domestic requirements.
Georgia maintains an extensive treaty network of over 55 double taxation treaties, including Germany, France, the UK, China, and most CIS countries; a separate source cites "over 50" as of late 2023, consistent with continued network growth. Georgia signed the OECD's Multilateral Instrument (MLI), which entered into force on 1 July 2019 and modifies the application of many of these treaties for BEPS-related purposes. A domestic dividend withholding rate of 5% applies by default, dropping to 0% where the recipient is a foreign company holding at least 10% (or, under some treaties, at least 50%) of the Georgian payer's capital or voting power - confirm the specific threshold under the applicable treaty before relying on a reduced rate.