What the status is
Small business status is a special tax regime for individual entrepreneurs in Georgia. With the status, income tax is 1% of turnover up to GEL 500,000 a year, and 3% on turnover above that[1].
Not every activity qualifies for the status, so check that yours does before you apply.
An example on our pay
| Monthly pay | $700 | $800 | $1,000 | $1,100 |
|---|---|---|---|---|
| In lari at the National Bank of Georgia rate | 1,819 | 2,079 | 2,599 | 2,859 |
| Tax at 1% of turnover[1] | 18 | 21 | 26 | 29 |
| Left, GEL | 1,801 | 2,058 | 2,573 | 2,830 |
Bank and payment-service fees are not included, and neither is anything else you may owe (for example pension contributions): check your own case with the Revenue Service[2] or an accountant.
How to get it
- Register as an individual entrepreneur, for example at a Public Service Hall.
- Apply to the Revenue Service for small business status[2].
- Open a US dollar account in your entrepreneur's name and give its details to the company.
- Keep invoices and the contract for every payment and file returns as the Revenue Service requires.
What to check
- That your activity is eligible for the status.
- When and how often you must file returns and pay the tax.
- Whether pension contributions or other payments apply to you.
- How foreign-currency income is converted to lari for tax purposes.
Questions
What happens if my turnover goes above the limit?
Under the Tax Code the rate on turnover above GEL 500,000 a year is 3% instead of 1%. Ask the Revenue Service how the status is affected in your case.
Do I need small business status to work for a foreign company?
No, it is one option. Whether it fits your work is something to check with an accountant.
This is a summary of the law as of 28 October 2026, not tax advice. Check your own case with the Revenue Service or an accountant before you register.