Central & South Asia

Georgia: tax at a glance

A territorial system: foreign-source personal income is exempt, local income carries a flat 20% tax, and small entrepreneurs can elect a 1% turnover regime instead.

Territorial Last verified July 2026

The taxes

Personal income (top)
20%
Corporate income
15%
Capital gains
Exempt once the asset, whether residential property or shares, has been held for over 2 years. Held for less, and it is taxed at 5%/20%.
VAT
18%
Dividends (WHT)
5%
Interest (WHT)
5%
Royalties (WHT)
5%
Social security (employee)
2%
Social security (employer)
2%
Wealth tax
None
Inheritance / estate
None
Property tax
Property tax runs up to 1%, and only applies to households above an income threshold.
Other
Corporate tax follows the Estonian model: 15% applies only to distributed profit. There is a funded pension of 2%+2%, with the state adding a further 2%. A 15% withholding tax applies to low-tax jurisdictions.

How the system works

Tax system
Territorial
Foreign income
Largely outside scope (territorial)
Taxes by citizenship
No
Exit tax
No
CFC rules
No
CRS
Participating
Special regime
Small Business Status, at 1% of turnover, plus HNWI residency.

The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.

Frequently asked

What is the income tax rate in Georgia?

The top marginal personal income tax rate in Georgia is 20%. A flat 20% applies to Georgian-source income, while foreign-source personal income is exempt. Small Business Status brings that down to just 1% of turnover, rising to 3% above the threshold.

What is the corporate tax rate in Georgia?

The headline corporate income tax rate is 15%.

Does Georgia tax capital gains?

Capital gains for individuals: Exempt once the asset, whether residential property or shares, has been held for over 2 years. Held for less, and it is taxed at 5%/20%..