Alternative Business Solutions / ალტერნატიული ბიზნეს გადაწყვეტილებები

16/04/2026

საქართველოს „შრომითი მიგრაციის შესახებ“ კანონში 2026 წლის 15 აპრილიდან ამოქმედებული ცვლილებების გათვალისწინებით, ქვემოთ ვაჯამებთ, თუ ვის და როგორ შეუძლია საქართველოში კანონიერად მუშაობა:

Taking into account the amendments to the Law of Georgia “On Labour Migration” that came into force on 15 April 2026, we summarize who and how can legally work in Georgia below:

14/03/2026

20/10/2025

🏡 ქონების გადასახადი (for English check below)

🗓 ვადები:

📅 3 ნოემბერი – ფიზიკური პირის (წინა წლის) ქონების გადასახადის დეკლარაციის წარდგენის ვადა
💰 17 ნოემბერი – ქონების გადასახადის გადახდის ვადა

⚖️ ვის შეეხება:
ქონების გადასახადის დეკლარაციის წარდგენა ან გადახდა გეხებათ, თუ:
1️⃣ მიმდინარე წლის 1 აპრილს ფლობდით მიწას; ან
2️⃣ წინა კალენდარულ წელს თქვენი ოჯახის წლიური შემოსავალი გადასახადების ჩათვლის აღემატებოდა 40,000 ლარს და ამავე დროს ფლობთ მიწის გარდა სხვა ქონებას (სახლი, ბინა, მანქანა, იახტა, ვერტმფრენი, თვითმფრინავი ან ნებისმიერი შენობა/მშენებლობა პროცესში).

💡 შენიშვნა:
თუ ფლობთ მხოლოდ სახლს ან ბინას და თქვენი წლიური შემოსავალი არ აღემატება 40,000 ლარს — არაფრის გაკეთება არ გჭირდებათ. თუმცა, თუ ფლობთ მიწას — ქონების გადასახადი უნდა გადაიხადოთ შემოსავლის მიუხედავად თუ არ სარგებლობთ შეღავათებით.

🌍 გადასახადის ოდენობა:

🏠 ქონება გარდა მიწისა (სახლი, ბინა და ა.შ.):
• 0.2%-დან 1%-მდე საბაზრო ღირებულებიდან
• თუ შემოსავალი 40,000–100,000 ლარია → 0.2%
• თუ შემოსავალი აღემატება 100,000 ლარს → 0.8% (შეიძლება გაიზარდოს 1%-მდე)

🌿 მიწა:
• გადასახადის განაკვეთი განსხვავდება მდებარეობის მიხედვით მიწის საზომ ერთეულზე.
• გარკვეული შეღავათები მოქმედებს, თუ მიწა რეგისტრირებულია სახლთან ერთად

💰 რა ღირებულებაზე დგინდება გადასახადი:
გადასახადი ითვლება ქონების საბაზრო ღირებულებაზე, რომელიც უნდა შეაფასოს მფლობელმა (დაახლოებით, შესყიდვის ხელშეკრულების, შეფასების დოკუმენტების ან საბაზრო მონაცემების საფუძველზე).

👨‍👩‍👧‍👦 რა იგულისხმება “ოჯახის წლიურ შემოსავალში გადასახადების ჩათვლით”:
• წლიური → წინა კალენდარული წლის შემოსავალი
• ოჯახის → მოიცავს შემოსავალს:
– თქვენ და თქვენი მეუღლის
– არასრულწლოვანი შვილების
– მშობლების, და-ძმის ან სხვა ერთად მცხოვრები პირების, თუ აქვთ საერთო ეკონომიკური საქმიანობა
• შემოსავალი მოიცავს როგორც ადგილობრივ, ასევე საგარეო შემოსავალს
• შემოსავალი მოიცავს საშემოსავლო გადასახადებსაც.
• თუ ფიზიკური პირი ხართ მცირე ბიზნესის სტატუსით → ქონების მიზნებისთვის შემოსავლად ითვლება ითვლება მხოლოდ მთლიანი შემოსავლის 25%

📄 რა მონაცემები გვჭირდება თქვენგან ქონების გადასახადის დეკლარაციის მოსამზადებლად:
✅ თქვენი ოჯახის წლიური შემოსავლის გაანგარიშება
✅ საჯარო რეესტრიდან ამონაწერები მიწისა და ქონების შესახებ
✅ RS.ge პირადი კაბინეტის მომხმარებლის სახელი და პაროლი
✅ თქვენს საკუთრებაში არსებული ქონების სავარაუდო ღირებულება
✅ ნებისმიერი დოკუმენტი, რომელიც ეხმარება საბაზრო ღირებულების განსაზღვრას (შესყიდვის ხელშეკრულება, შეფასების ანგარიში, საბაზრო შეთავაზებები და ა.შ.)

📞 თუ გჭირდებათ დახმარება ქონების გადასახადთან დაკავშირებით, დაგვიკავშირდით:

👉 https://bit.ly/3IU3ZxP

💼 მომზადებულია შპს ალტერნატიული ბიზნეს გადაწყვეტილებების მიერ.

-----------------------------------------------------------------

🏡 PROPERTY TAX

🗓 Deadlines:

📅 3 November – Deadline for submitting your individual property tax declaration (for the previous year)
💰 17 November – Deadline for paying the property tax

⚖️ When does it affect you?

You need to file or pay property tax if:
1️⃣ You owned land as of 1 April of the current year; or
2️⃣ Your annual worldwide gross family income in the previous year was more than 40,000 GEL and you own property other than land (house, apartment, car, yacht, helicopter, airplane, or any building/construction in progress).

💡 Note: If you own property (other than land) but your income does not exceed 40,000 GEL, you don’t need to do anything.
However, if you own land, you must pay property tax regardless of income.

🌍 How much is the tax?

🏠 On Property:
• From 0.2% to 1% of the market value
• If income is 40,000 – 100,000 GEL → 0.2%
• If income is above 100,000 GEL → 0.8% (may be increased up to 1%)

🌿 On Land:

• Rates vary per square meter depending on location
• Some benefits apply if the land is registered together with a house

💰 What value is taxed?

The tax applies to the market value of the property, which should be estimated by the owner (approximately, based on available documents like purchase agreements, valuation reports or market data).

👨‍👩‍👧‍👦 What counts as "annual worldwide gross family income"?

• “Annual” → income from the previous calendar year
• “Family” → includes income of:
– You and your spouse
– Minor children
– (Optional) parents, siblings, or others living together and doing mutual business activity
• “Worldwide” → includes both local and foreign income
• “Gross” → include taxes in the income (before deduction)
• For Individual Entrepreneurs with small business status → include only 25% of annual income

📄 What we need from you to prepare your property tax declaration:
✅ Calculation of your annual worldwide gross family income
✅ Extracts from the Public Registry for your property and land
✅ User and password for your RS.ge private cabinet
✅ Estimated values of your owned properties
✅ Any documents that help estimate the market value (purchase agreements, valuation reports, market quotations, etc.)

If you need help with property tax please contact us:

https://bit.ly/3IU3ZxP

💼 Prepared by LLC Alternative Business Solutions (ABS)

09/08/2024

❗️ვეძებთ უფროს ბუღალტერს! დეტალები იხილეთ ბმულზე.

პოზიციის სახელწოდება: უფროსი ბუღალტერი დამსაქმებელი: შპს ალტერნატიული ბიზნეს გადაწყვეტილებები სექტორი: საბუღ.....

17/10/2023

🏛️ Small business is a special tax status available for Individual Entrepreneurs in Georgia paying 1% from turnover with the annual limit of 500,000 GEL. It is widely advertised and recommended by consultants while they often ignore all the tax risks related to it. Below we present all the main tax risks which you need to consider before opening an Individual Entrepreneur with Small Business Status (IESBS).

✅ Eligible activity
First of all, you need to ensure that your activity is eligible for small business status. Government ordinance 415 is stating activities which are A) banned for small business status and also which are B) compatible with small business status but taxed with 20%.

A) Banned activities:
- Activities that require license
- Activity that requires significant investment
- Implementing forex transactions
- Medical, architectural, lawyers’ or notary’s, auditing and consulting (including tax consulting) activities.
- Gaming business
- Staffing
- Manufacturing goods that need excise

B) Compatible activities taxed with 20%:
- Rent
- Loan interest
- Income from gaming business
- Gifts
- Capital gains from immovable property, motor vehicles and securities.
- Dividends
- Royalties
- Income from forgiving debt
- Income from selling partner’s shares
If as a result of tax audit it will be identified that IESBS was actually engaged in banned activity the status of small business will be cancelled from the beginning of the year and all incomes will be taxed with 20% and fines together with interest will be accrued on the taxpayer.

📑 Employee vs. Contractor
Second serious risk for IESBS is whether it has indicators to be considered as employee of its client rather than a contractor. This is risk is important because employment (including employment on foreign companies) is taxed 20% while small business is taxed with only 1%. Hence, Revenue Services (RS) created special questioner which may help you to identify if you are employee or contractor. Some of the important indicators of being an employee are:

- Whether you have one or more than one client. Whether one of your clients makes more than 80% of your total income.
- If you are advertising your services or not.
- If you are working on the site belonging to your client and using their equipment
- If you are eligible for the employee benefits like vacation, sick-leave, insurance etc.
- If you are working during fixed hours and receive fixed pay compared to having free work schedule and receiving compensation based on actual implementation of projects or actual time worked.
If as a result of tax audit it will be identified that IESBS was actually an employee rather than contractor based on the available indicators all related incomes will be taxed with 20% and fines together with interest will be accrued on the taxpayer.

📝 Supporting documents
IESBS should have all documents in order supporting related incomes and expenses. Otherwise RS may question the eligibility of the activity and employee vs. contractor’s status. Supporting documents include:
- Contracts with clients
- Invoices for Income
- Invoices for Expenses (if necessary)
- Act of acceptances (recommended)

🌐 Information card
Information card in your personal cabinet in rs.ge web-site should be filled properly. Status should be indicated. Address and correct activity should be in place and also physical location of the activity object should be identified if any. Not filling information card correctly may cause fines for the taxpayer. Also it is important to properly indicate which declarations need to be submitted.
5. Not submitting declarations
If you indicate that some of the declarations need to be submitted each month in the information card, then you must submit them each month before the deadline. If you fail to submit them, you will be fined with 100 GEL for each of them. For VAT payers it is mandatory to submit VAT declarations and personal income tax declarations. If you do not submit them, RS may impose on you estimated vat liabilities starting from 1300 GEL per month.

📋 Filling declarations
All declarations should be filled properly, for example small business declaration should be filled including cumulative annual totals and identifying respective administrative locations. Incorrectly sent declarations may cause fines of 100 GEL per each declaration.


❗️ VAT taxation
Each business including IESBS needs to consider whether it’s activities are taxable with VAT even if it provides services to foreign clients. According to the new vat articles of tax code updated according to EU directives (article 162’1):

a) Service is not taxable with vat if it is provided to foreign taxpayer (i.e. LLC, JSC etc.).

b) On the other hand, if the service is provided to foreign non-tax payer (i.e individual non registered as tax payer) in most cases it is taxable with VAT in Georgia. Though there are exceptions for special activities which are not taxable with VAT in Georgia even if they are provided to non-tax payer. There activities include:

- electronically provided services;
- transfer or cession of a copyright, a patent, a license, a trademark or other similar rights;
- advertisement services;
- consultancy, engineering, legal, accounting and other similar services, and data processing and information delivery service;
- personnel provision services;
Though such services are not taxed with VAT in Georgia, the contractor is obliged to register as vat payer in the country where service recipient is established, has permanent address or normally lives and pay VAT in that country.

❗️ Please note that services provided within the territory of Georgia are taxable with VAT. You need to know, that even if you provide services which are taxable with VAT you need to register as VAT payer and pay VAT only after exceeding 100,000 GEL threshold in any consecutive 12 months with the VAT taxable income.

📥 VAT registration
After you exceed the threshold for VAT you have an obligation to register as VAT payer within 2 business days. If you are late with the registration you will be fined for 5% of taxable income earned after exceeding the threshold.

💵 Source of income
According to the Georgian tax code IE are subject to income tax only in case if the source of their income is considered to be Georgia according to tax code article 104. Source of income is not related to the place of your clients’ establishment or to the place from which you received payment for your services. It is defined by the article and in most cases implies the logic that if the service provider is physically located in Georgia while providing the service then the source of income is considered to be Georgia. Though for specific cases you need to refer to the tax code.

🔏 Accounting method
IE with small business status can select two accounting methods: A) cash based method and B) accrual method of accounting. Cash based method – income is recognized based on cash receipt date.
A. Accrual method – income is recognized in the month when it is earned.
VAT payers are only allowed to use accrual method.
Selected accounting method should be used consequently at least during one calendar year. It impacts the figures that are declared as your income by determining periods in which the income needs to be declared and foreign exchange rates that need to be used for calculations.
If you decide to open IE with SBS status we recommend you to contact us for tax consulting to ensure that you are eligible for the status and that you are not subject to any significant tax risks. Also our specialists can help you with the monthly accounting process.

04/10/2023

❗️ ❗️ ❗️ ❗️ ❗️ ❗️ ❗️ ❗️ ❗️ ❗️ ❗️ ❗️
🏛️ According to the Georgian law about labour migration from 1 September 2023, local employers must register employed labour immigrants in the electronic database (labourmigration.moh.gov.ge).
Labor immigrant (Hereafter - foreign employee) - is a foreigner who does not have a permanent residency in Georgia and is employed by the local employer.
✅ Foreign employees that were already employed before 1 September 2023 must be registered in the database not later than 1 November 2023.
✅ Newly hired foreign employees must be registered by the employer within 30 calendar days after signing the labour contract. The labour contract with foreign employee cannot have indefinite term and must have an expiry date. Cessation of the contract before its expiry date or prolongation of the contract must be reflected in the database within 30 calendar days.
✅ Directors according to the law of Georgia on entrepreneurs and should have a service contract with shareholders rather than labour contracts. Based on that there is no requirement for registering foreigner directors unless for some rare reasons they are still employed with labor contract. Though it needs to be ensured that directors have appropriate service contract in place.
❗️ If employer does not register foreign employees timely following fines will be imposed: 1000 GEL 1-st time, 2000 GEL 2-nd time and 6000 GEL for 3-rd and further violations. Also, there are fines starting from 1000 Gel for hindering labour inspection in their work.
📝 In order to register a foreign employee, employer needs to have a labour contract prepared in compliance with the requirements of the law about labour migration. Also, employer needs to fill in personal information about the employee, occupied position and qualifications and skills required by the position in the electronic database.
❗️ Also, we need to mention that in case of such necessity Georgian government is entitled to restrict employment of foreigners on positions that do not require highly skilled labour or on positions for which the local market supply is significantly exceeding the respective demand.
🌐 Sources: Georgian law about migration; Georgian government resolution #291

21/07/2023

🌐The International Company is a special taxation status available for IT companies in Georgia offering significant reductions in overall tax burdens to 5%. This status allows for a decrease in personal income tax from 20% to 5%, dividend tax from 5% to 0%, corporate income tax from 15% to 5%, and property tax from 1% to 0% (excluding land, if the property is used for activities authorized for international company).
✅To qualify for this status, a company must demonstrate a minimum of two years of continuous experience in the IT field, as authorized by the Georgian Government Ordening #619. Alternatively, if a non-resident shareholder owns over 50% of the company's shares, their experience will also be accepted.
Necessary conditions to get and maintain the status are that the IT services should be provided only to clients outside of Georgia and company employees should be physically working only from Georgia.
📖Alternative Business Solutions has successfully assisted several IT clients in obtaining the International Company status and has gained expertise in this process. The initial step requires the company to provide detailed descriptions of its current and future activities and projects, as well as its employee structure, particularly focusing on IT employees and future development plans. Additionally, a list of employees must be submitted to allow the Revenue Services to verify their physical location during the relevant periods.
➡️Next, the company needs to provide reliable evidence demonstrating the continuous provision of authorized services and the necessary experience to qualify for the status. This evidence should include third-party confirmations of the services rendered. All required information is submitted to the Revenue Services, followed by discussions and meetings. Once the initial steps are completed, the process moves forward to the Ministry of Finance and the Government. Typically, each of the two steps takes from two to four weeks unless the case is particularly complex, in which case the process may be delayed to 5 month or even longer.
If you are eligible for the International Company status or have some doubts about it, please contact us, we would be delighted to assist you and guide you through the aforementioned process.

04/07/2023

❗️The new law on entrepreneurs in Georgia (New law) introduces specific mandatory requirements for legal entities, including Individual Entrepreneurs (IEs), to be implemented by 1 January 2024. While some of these requirements also apply to IEs, they are relatively straightforward to fulfill.

✅All IEs registered before 1 January 2022, who have not yet completed the necessary procedures, are required to visit the Public Service Hall (PSH) and request an "update according to the new law on entrepreneurs." This process actually represents registering the IE on the electronic portal: my.gov.ge, using their active Georgian telephone number and email address. The IE will receive an access link and login credentials for the website, and only after logging in and setting new password the requirement will be considered as implemented.
The my.gov.ge website is an electronic portal for the PSH, enabling legal entities to perform various actions online. However, to conduct additional procedures online, it may be necessary to obtain an electronic signature device.
Under the new law, registration is mandatory by 1 January 2024. Entities failing to comply within the specified deadline will be granted an additional three months to do so. Failure to meet the requirement after this extended period will result in the entity being unable to continue operating due to an error in their registration documents.

📝The registration service on the PSH electronic portal, which fulfills the new law requirement, is free of charge for IEs. However, some PSH operators may attempt to charge a fee of 26 GEL. In such cases, they are actually updating the registration extract unnecessarily. If you clarify that you only require registration on the electronic portal and explain that it is free, they will consult with their manager and ultimately agree to perform the registration without charge.

03/07/2023

🌐Everything in this world has to end with a chance to transform in something even better. This applies to businesses as well. When the decision is made to cease business activities, it is advisable to initiate the liquidation process for the legal entity. Leaving a company in an inactive state may pose potential tax and legal risks in the future.

❌Liquidating a company in Georgia is a complex and time-consuming procedure, often taking at least five months or longer. The first step is for the company's partners to make the decision to liquidate the company and appoint a liquidator. They must then submit the necessary documents to the Public Service Hall. It is recommended that the liquidator either speaks Georgian or grants power of attorney to someone who can communicate with the revenue services during the liquidation process.

❕Subsequently, the company is responsible for fulfilling all its obligations related to the liquidation. This includes closing all bank accounts, publishing statement about existing liabilities, submitting final tax declarations and others. The revenue services then have a five-month period to review the submitted documentation and fulfillment of the obligations. During this review, they may conduct an audit of the company or, if everything is in order, confirm that the liquidation can proceed and send a respective notification to the Public Service Hall.
In practice, each liquidation process unfolds differently as each company is unique and there are specific requirements to be fulfilled according to the revenue services. For instance, if a company has a virtual zone entity status, it must first cancel that status. If the revenue services have any inquiries regarding the company's activities, they may request contracts, explanations, and other relevant information.

🏛️There is a dedicated department within the revenue services responsible for handling liquidations. The liquidator or their authorized representative should communicate with this department to ascertain the specific requirements in their particular case. The revenue services will not provide this information to anyone else without a valid power of attorney. Once all the necessary procedures are completed, the finalization of the liquidation takes place at the Public Service Hall.
If you decide to liquidate your old company, Alternative Business Solutions can assist you in carrying out the process swiftly and efficiently. Our experience in this area allows us to provide valuable guidance and support.

26/06/2023

⚡️Welcome to Alternative Business Solutions LLC (ABS), a thriving accounting company that has been serving the Georgian market since 2013. Led by the visionary Nikoloz Dumbadze, ABS has been committed to delivering accounting and tax advisory services with a focus on client satisfaction. From its inception, ABS has garnered an ever-expanding client base. Currently the company employs six highly skilled professional accountants proudly serving over 100 valued clients.

🔶Nikoloz Dumbadze, a professional with 17 years of experience in finance and tax advisory has worked for renowned companies such as Ernst and Young, Adress Retail Management and LC WAIKIKI, among others. In 2013, driven by his entrepreneurial spirit and a desire to provide top-quality services, Nikoloz took the bold step of establishing ABS, where he could share his expertise and support entrepreneurs in Georgia and beyond. In 2018, he further enhanced his qualifications by successfully completing ACCA exams and becoming an affiliate member of the Association of Chartered Certified Accountants (ACCA).

🔶In 2018 ABS welcomed Salome Odisharia, a certified accountant and esteemed tax expert in Georgia, to its team. Salome's reputation in the accounting community, representing the "Accountant's Club Forum," added significant value to ABS's capabilities.

🔶Recognizing the significance of new reporting reforms influenced by EU directives, ABS actively participated in the government's project to implement financial reporting standards in Georgia. Nikoloz and ABS’s other employees became certified trainers of IFRS for SMEs, conducting comprehensive training programs for other trainers and accountants as part of SARAS's program.

🔶In 2022, ABS proudly welcomed Archil Diasamidze as a business partner, bringing over 16 years of experience as a Chief Financial Officer in various sectors such as insurance, production, restaurants, and agriculture. Archil's extensive expertise in the finance sector added considerable value to the company's arsenal.

🔶In the same year, Natia Adamova joined ABS as the chief accountant, bringing her remarkable 15 years of accounting experience to the team. With her expertise and dedication, ABS continues to provide accurate and efficient accounting services to its clients.

☀️At ABS, the team is grateful for the trust placed in them by their clients, and they remain committed to delivering excellence, professionalism, and unparalleled support in all financial endeavors. They view their current achievements as just the beginning and are excited about the future, confident that they will continue to achieve even more.