Our valued sponsor

Any solid & affordable Georgian accounting firms?

avalanche

Pro Member
Aug 13, 2019
838
406
63
emi.directory
Most Georgian accountants do not even know about user friendly Xero or Akaunting platforms for SME. Most of their software is in Georgian, quite confusing and overcomplicated (for my case).

Do you know any good accountants in Georgia who use modern software and are capable of working remotely?
 
Again, thread bookmarked for future use, I have the exact same problem to find any reliable accounting firm that understand my "not native" English and can do the accounting remote.
 
The craziest issue is that all financial reports have to be done in Georgian language..
Gentlemen question pls : the Georgian Company must absollutelly be registeted for VAT to the tax office there so the VAT declarations must be sent to tax office every month, or it can be incorporated without VAT registration and thus less accountancy burden ?
 
Gentlemen question pls : the Georgian Company must absollutelly be registeted for VAT to the tax office there so the VAT declarations must be sent to tax office every month, or it can be incorporated without VAT registration and thus less accountancy burden ?
LLC? As far as I'm aware, there is no mandatory VAT registration for any company in Georgia until your turnover reaches certain level.
 
  • Like
Reactions: Joe Blasco
Gentlemen question pls : the Georgian Company must absollutelly be registeted for VAT to the tax office there so the VAT declarations must be sent to tax office every month, or it can be incorporated without VAT registration and thus less accountancy burden ?
However, I heard if you need temporary residency by employment (as the owner of your company), you might need VAT registration.
 
  • Like
Reactions: Joe Blasco
Probably yes. Legal persons founded in Georgia are taxed on their worldwide income. Individuals are taxed based on their source of income. Here I'm not sure though.
Ok because I was wondering why if untaxed, somebody would need accountancy service (except legal adress and company ducuments keeping for authorities)

If you can afford it (around $7k/yr license fee) go for Free Zone company, they are exempted from all tax
thks, I m interested in holding companies with no audit...

thks, I m interested in holding companies with no audit...
but with some credible bank, not Paxum or EMI...
 
Ok because I was wondering why if untaxed, somebody would need accountancy service (except legal adress and company ducuments keeping for authorities)
Doing business in Georgia is tricky if you dont have any trusted translator here. Most of the documents and laws here are in Georgian language which cannot be translated sometimes by Google (if georgian text is written with english letters)
 
  • Like
Reactions: Joe Blasco
They probably hire accountants who handle all that lol.
I'm on the outlook for some accountancy firm in Georgia too, need accounting, filing of taxes and even complete the VAT submission when it is due. Important for me is that they speak English, are fast in their replies if needed and they do the job without overpricing fees.
 
I'm on the outlook for some accountancy firm in Georgia too, need accounting, filing of taxes and even complete the VAT submission when it is due. Important for me is that they speak English, are fast in their replies if needed and they do the job without overpricing fees.
Regarding overpriced legal services: I even seen some dudes offering a personal bank account in TBC for the whopping 3,000 EUR. Like.. really? You just come to any TBC branch with your passport and done.. :D lots of sharks around us.
 

Latest Threads