{"id":5024,"date":"2025-07-29T19:35:19","date_gmt":"2025-07-29T19:35:19","guid":{"rendered":"https:\/\/taxconsulting.ge\/?p=5024"},"modified":"2025-07-29T19:39:15","modified_gmt":"2025-07-29T19:39:15","slug":"simplified-residency-permit-for-it-specialists","status":"publish","type":"post","link":"https:\/\/taxconsulting.ge\/ka\/2025\/07\/29\/simplified-residency-permit-for-it-specialists\/","title":{"rendered":"Simplified Residency Permit: New Opportunities for IT Specialists!"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row vc_row-fluid krth-dhav-dotted\"><div class=\"wpb_column vc_column_container text-left vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p>We&#8217;re excited to share some groundbreaking news from the Georgian government, aimed at fostering the growth of the IT sector and attracting international talent. Starting September 1, 2025, amendments to the Georgian Law &#8220;On the Legal Status of Aliens and Stateless Persons&#8221; come into force. This significantly simplifies the process for IT specialists Georgia residency.<\/p>\n<h3>What&#8217;s Changing?<\/h3>\n<p>Under the new regulations, IT specialists Georgia residency can be obtained through a simplified procedure. This permit is initially for 3 years, with a possible extension up to 12 years. This unprecedented step underscores Georgia&#8217;s aspiration to become a regional IT hub. It also aims to attract skilled professionals from around the globe.<\/p>\n<h3>Why Is This Important?<\/h3>\n<p>This change offers numerous advantages for IT professionals:<\/p>\n<ul>\n<li><b>Simplified Procedures:<\/b> It will reduce bureaucracy and accelerate the residence permit acquisition process.<\/li>\n<li><b>Long-Term Perspective:<\/b> A 3-year initial permit and its potential 12-year extension offer stability. This benefits those planning long-term development in Georgia.<\/li>\n<li><b>New Opportunities:<\/b> Georgia&#8217;s technology sector is rapidly expanding. Tbilisi is fast becoming a startup hub, creating many career opportunities.<\/li>\n<\/ul>\n<hr \/>\n<h3>Tax Benefits in the IT Sector<\/h3>\n<p>Beyond the simplified residence permit process, Georgia offers significant <b>tax incentives<\/b> for IT specialists and companies. These benefits make the country even more attractive:<\/p>\n<h4>1. International Company Status<\/h4>\n<p>The Georgian government has introduced the &#8220;International Company&#8221; status. IT and maritime service companies can benefit from it. Companies with this status enjoy the following advantages:<\/p>\n<ul>\n<li><b>Profit Tax:<\/b> Instead of 15%, it&#8217;s only <b>5%<\/b>.<\/li>\n<li><b>Income Tax (on employee salaries):<\/b> Instead of 20%, it&#8217;s <b>5%<\/b>.<\/li>\n<li><b>Dividend Tax:<\/b> It does not incur taxation at the source of payment.<\/li>\n<li><b>Property Tax:<\/b> You are <b>\u10d2\u10d0\u10d7\u10d0\u10d5\u10d8\u10e1\u10e3\u10e4\u10da\u10d4\u10d1\u10e3\u10da\u10d8\u10d0<\/b> from property tax (excluding land) if you use the property for permitted activities.<\/li>\n<li><b>Reduced Taxable Profit:<\/b> You can reduce taxable profit by salaries paid to Georgian citizen employees. You can also reduce it by costs of research, design, and experimental-constructive services.<\/li>\n<\/ul>\n<p><b>Important:<\/b> To obtain International Company status, a company must meet certain conditions. These include having at least 2 years of experience in permitted activities (e.g., software development, computer games, computer programming, and other information technologies).<\/p>\n<p>For more information about International Company status check our blog post\u00a0<a href=\"https:\/\/taxconsulting.ge\/ka\/2020\/10\/09\/\u10e1\u10d0\u10d4\u10e0\u10d7\u10d0\u10e8\u10dd\u10e0\u10d8\u10e1\u10dd-\u10d8\u10e1-\u10d9\u10dd\u10db\u10de\u10d0\u10dc\u10d8\u10d8\/\">\u10d0\u10e5<\/a>.<\/p>\n<h4>2. Virtual Zone Status<\/h4>\n<p>Individual and legal entities in the IT sector can obtain &#8220;Virtual Zone Person&#8221; status. This allows them to benefit from significant tax incentives. This applies if they supply their IT services\/products to <b>non-resident customers outside of Georgia.<\/b><\/p>\n<p>The advantages of this status are:<\/p>\n<ul>\n<li><b>Profit Tax:<\/b> The distribution of profits from a Virtual Zone Person&#8217;s IT supply outside Georgia is not taxed.<\/li>\n<li><b>Value Added Tax (VAT):<\/b> Supplies made outside of Georgia are not subject to VAT.<\/li>\n<\/ul>\n<p><b>Important:<\/b> To obtain Virtual Zone status, the company must be registered in Georgia. Its main activity must also be in the IT sector.<\/p>\n<p>For more information about Virtual Zone status check our blog post\u00a0<a href=\"https:\/\/taxconsulting.ge\/ka\/2020\/05\/12\/\u10d5\u10d8\u10e0\u10e2\u10e3\u10d0\u10da\u10e3\u10e0\u10d8-\u10d6\u10dd\u10dc\u10d0-\u10d8\u10e1-\u10d9\u10dd\u10db\u10de\u10d0\/\">\u10d0\u10e5<\/a>.<\/p>\n<h4>3. Small Business Status (for Freelancers)<\/h4>\n<p>If you are an individual IT specialist (freelancer), you can benefit from Small Business status. This applies if your annual turnover does not exceed 500,000 GEL. In this case, you tax your income at a <b>rate of only 1%<\/b>, instead of the standard 20% (if you are not a VAT payer).<\/p>\n<p>For more information about Small Business status check our blog post <a href=\"https:\/\/taxconsulting.ge\/ka\/2021\/02\/11\/\u10db\u10ea\u10d8\u10e0\u10d4-\u10d1\u10d8\u10d6\u10dc\u10d4\u10e1\u10d8-\u10db\u10d4\u10ec\u10d0\u10e0\u10db\u10d4-\u10e1\u10d0\/\">\u10d0\u10e5<\/a>.<\/p>\n<hr \/>\n<h3>Why Georgia?<\/h3>\n<p>Georgia is not only distinguished by its developing IT sector but also offers:<\/p>\n<ul>\n<li><b>A Friendly Environment:<\/b> Georgian hospitality is renowned worldwide.<\/li>\n<li><b>Favorable Tax System:<\/b> Low taxes are particularly attractive for freelancers and small businesses.<\/li>\n<li><b>Affordable Cost of Living:<\/b> Compared to Western countries, the cost of living in Georgia is significantly lower.<\/li>\n<li><b>Rich Culture and History:<\/b> Georgia boasts stunning nature, ancient history, and a unique culture.<\/li>\n<li><b>Strategic Location:<\/b> Georgia serves as a bridge between Europe and Asia.<\/li>\n<\/ul>\n<hr \/>\n<p>If you&#8217;re an IT specialist looking for new challenges, career advancement, and a better quality of life, Georgia is the ideal place for you. Don&#8217;t miss out on this unique opportunity for <b>IT specialists Georgia residency<\/b>!<\/p>\n<p>For more details about new IT Residency Permit in Georgia refer to the Georgian Law \u201cOn the Legal Status of Aliens and Stateless Persons\u201d:\u00a0<a class=\"ng-star-inserted\" href=\"https:\/\/www.matsne.gov.ge\/ka\/document\/view\/2278806?publication=20\" target=\"_blank\" rel=\"noopener\">https:\/\/www.matsne.gov.ge\/ka\/document\/view\/2278806?publication=20<\/a><\/p>\n<p>Do you have any questions or want to learn more about Georgia\u2019s tax benefits amd IT Residency Permit in Georgia?\u00a0<a href=\"https:\/\/taxconsulting.ge\/ka\/\u10d3\u10d0\u10d2\u10d5\u10d8\u10d9\u10d0\u10d5\u10e8\u10d8\u10e0\u10d3\u10d8\u10d7\/\">\u10d9\u10dd\u10dc\u10e2\u10d0\u10e5\u10e2\u10d8<\/a>\u00a0and let us know.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid krth-dhav-dotted\"><div class=\"wpb_column vc_column_container text-left vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><\/div><\/div><\/div><\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"We're excited to share some groundbreaking news from the Georgian government, aimed at fostering the growth of the IT sector and attracting international talent. Starting September 1, 2025, amendments to the Georgian Law \"On the Legal Status of Aliens and Stateless Persons\" come into force. This significantly simplifies the process for IT specialists Georgia residency.[...]","protected":false},"author":1,"featured_media":5167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12,149,8,9,10,14],"tags":[190,41,186,185,189,188,187,184],"class_list":["post-5024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1-small-business-entrepreneur","category-blog","category-international-it-company","category-investing-in-georgia","category-legal-news","category-special-tax-certificates-in-georgia","tag-get-residency-permit-in-georgia","tag-it-company-in-georgia","tag-it-residency-permit","tag-it-residency-permit-in-georgia","tag-obtain-residency-permit-in-georgia","tag-residency-permit-for-it-specialists","tag-residency-permit-for-it-specialists-in-georgia","tag-residency-permit-in-georgia"],"yoast_head":"<!-- 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