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Recent content by lage

  1. L

    Georgian tax residency, affiliate income – freelancer vs. company

    Neither option actually works for you: VZP status is not applicable to marketing service. Active income (e.g. from marketing services) is not considered as goreigh source income and is not exempted from personal income tax in Georgia. You have an option of 1% personal income tax which you need...
  2. L

    Delaware company with a shareholder fiscally resident in Georgia (the country)

    You need to consider the following aspects: Delaware company shall have a business substance, local director etc, otherwise it might be considered to be managed in Georgia. A company which is managed from Georgia is considered as a Georgian company (thus taxable in Georgia). Also, if the...