Individual Entrepreneur in Georgia
Georgia offers a simple and efficient process for registering as an individual entrepreneur (IE), making it an attractive option for freelancers, small business owners, and independent contractors. With minimal paperwork and favorable tax rates, becoming an IE allows you to operate as a self-employed individual while benefiting from Georgia’s business-friendly environment.
Why Register as an Individual Entrepreneur?
An individual entrepreneur enjoys lower operational costs and flexible tax options compared to more formal business structures. Whether you’re a freelancer or small business owner, this option provides the freedom to manage your own business while benefiting from simplified tax reporting.
Small Business Status and 1% Taxation
One of the key advantages of registering as an individual entrepreneur in Georgia is the ability to qualify for Small Business Status, which offers an incredibly favorable tax regime. If your annual turnover is below a certain threshold, you can benefit from a 1% tax rate on revenue, making Georgia one of the most attractive countries in the world for small business owners.
Our Individual Entrepreneur Services Include:
- Registration Assistance: We at Georgia Business and Residential Law will guide you through the entire registration process, ensuring that all paperwork is accurately filed with the Georgian authorities, including securing your Small Business Status.
- Tax Optimization: We help you understand your tax obligations and ensure that you take full advantage of Georgia’s 1% taxation for small businesses. Our experts can also advise you on maintaining compliance while maximizing your tax benefits.
- Ongoing Compliance Support: Beyond registration, we offer ongoing support with bookkeeping, tax filings, and legal compliance to ensure your business runs smoothly and remains eligible for Small Business Status.
Why Choose Us?
We at Georgia Business and Residential Law have extensive experience in helping entrepreneurs set up and manage their businesses in Georgia, we also assist with obtaining SBS Status (for 1% taxation). We ensure that the registration process is quick and effortless. Our team is here to provide personalized support every step of the way. We work for ensuring that you enjoy the benefits of the 1% taxation regime offered in Georgia and other incentives offered to individual entrepreneurs in Georgia.