In today’s fast-changing global economy, IT companies are seeking stable, cost-effective, and innovation-friendly environments to scale their operations. One of the most attractive — and often overlooked — destinations is Georgia.
Located at the crossroads of Europe and Asia, Georgia has built one of the most supportive ecosystems for tech companies in the world. At Orson Consulting, we’ve helped dozens of foreign businesses set up in Georgia. Here’s why more tech companies are making the move:
- Special Tax Regimes for IT Businesses
Georgia offers two unique tax statuses designed specifically to support IT companies:
Virtual Zone Status:
0% corporate income tax on profits earned from services delivered outside Georgia. 0% VAT on qualifying services. Particularly suitable for software development, SaaS, and IT consulting businesses targeting foreign markets.
International Company Status:
Available to companies with at least 2 years of operational history in IT, maritime, or aviation sectors. 5% corporate income tax on distributed profits. 0% tax on dividends paid to foreign shareholders. 5% personal income tax on salaries paid to employees. 0% property tax on business-use assets.
These statuses can drastically lower your effective tax rate, so you can invest more into innovation and growth. (Sources: NH Consulting, Forbes Georgia, Legalese Georgia)
- New 3-Year Tax Exemption for Innovative Startups
In 2024, Georgia launched a groundbreaking incentive for innovative startups:
0% corporate income tax for the first 3 years. 500% deduction of R&D expenses from taxable income after the exemption period. Grants covering up to 30% of eligible R&D costs.
Startups engaged in artificial intelligence, biotechnology, cybersecurity, agri-tech, and other innovative fields are particularly encouraged to apply. (Source: PB Services, Just Advisors)
If you’re an early-stage tech company, Georgia offers both financial relief and tangible support to get your ideas off the ground.
- Fast and Hassle-Free Company Registration
Setting up an IT business in Georgia is refreshingly straightforward:
1–2 business days to register a local LLC. No minimum capital requirement. Foreigners can fully own and manage their companies. Entire registration process can be completed remotely via Power of Attorney.
Compared to bureaucratic hurdles in many countries, Georgia offers a clear, transparent path to operational launch.
- Global Market Access
Georgia’s strategic location enables access to major markets:
Free Trade Agreements with the EU, EFTA, China, and CIS countries. High-speed fiber internet infrastructure supports remote operations and cloud-based businesses. Georgia’s time zone (GMT+4) makes it convenient to collaborate with both European and Asian partners.
Whether you’re targeting clients in Europe, the Middle East, or Central Asia, Georgia gives you a competitive logistical advantage.
- Favorable Residency and Immigration Policies
Georgia makes it easy for tech founders and employees to live and work legally:
1-year renewable residence permits for business owners. Permanent residency eligibility after 5 years of legal stay. Visa-free entry for citizens of over 90 countries, with stays of up to one year without needing a visa. Affordable cost of living with expat communities in cities like Tbilisi and Batumi.
For startups and scaling tech teams, this flexibility is invaluable.
Final Thoughts: Georgia is the Future for Smart Tech Companies
Georgia’s unique tax regime, support for startups, digital infrastructure, and pro-business policies makes it easy for businesses to scale their operations.
If you’re considering expanding your operations or setting up a new venture abroad, it’s a great time to explore what Georgia has to offer. Orson Legal Consulting can help you make the move.
Curious about how to register your tech company in Georgia? Book a free consultation with us today at orsonco.com or send us a message to get started.