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Virtual Zone Company — How It Works
The Virtual Zone is Georgia's flagship tax program for IT and technology businesses. Register online in one day, pay 1% on foreign revenue, and operate your freelance/consultancy business from Georgia legally and tax-efficiently.
- Register at business.gov.ge — online process, 1–2 business days, English interface available
- Registration cost: approximately GEL 200 (~$75) for the registration fee
- Annual reporting: required; hire a Georgian accountant for $100–$200/year
- Revenue: invoice your foreign clients in USD, EUR, or GBP; deposit to Georgian company account
- Tax calculation: 1% of total revenue invoiced to non-Georgian clients
- Withdrawal: pay yourself dividends at 5% tax rate; keep operating expenses as business costs
- Eligible activities: IT services, software development, design, digital marketing, consulting, and similar remote professional services
- Pairs perfectly with TBC Business or Bank of Georgia Business accounts for receiving international transfers