{"product_id":"company-formation-georgia","title":"Company Formation in Georgia – Low-Cost European Business Hub for NRIs","description":"\u003ch2\u003eCompany Formation in Georgia – Europe's Most Affordable Business Jurisdiction for NRIs\u003c\/h2\u003e\u003cp\u003eGeorgia (the country, not the US state) has emerged as one of the world's most business-friendly jurisdictions — combining a \u003cstrong\u003e15% flat corporate tax\u003c\/strong\u003e, a unique \u003cstrong\u003eVirtual Zone regime offering 0% tax for IT companies\u003c\/strong\u003e, one of the world's \u003cstrong\u003elowest company formation costs\u003c\/strong\u003e, and a \u003cstrong\u003eDTAA with India\u003c\/strong\u003e. For NRIs seeking a simple, low-cost international structure, Georgia is an increasingly compelling choice.\u003c\/p\u003e\u003ch3\u003eWhy Georgia?\u003c\/h3\u003e\u003cul\u003e\n\u003cli\u003e✅ \u003cstrong\u003e15% flat corporate tax\u003c\/strong\u003e (0% on reinvested profits under certain conditions)\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eVirtual Zone: 0% corporate tax\u003c\/strong\u003e for IT companies on income from non-Georgian clients\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eDTAA with India\u003c\/strong\u003e – reduced withholding on dividends (10%), interest (10%), royalties (10%)\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003e100% foreign ownership\u003c\/strong\u003e permitted\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eNo minimum share capital\u003c\/strong\u003e\n\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eOne of the world's fastest incorporation\u003c\/strong\u003e – 1–2 business days\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eLowest setup cost\u003c\/strong\u003e among comparable jurisdictions – from USD 500\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eNo capital gains tax\u003c\/strong\u003e on most assets\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eEU candidate country\u003c\/strong\u003e – DCFTA with EU provides preferential market access\u003c\/li\u003e\n\u003cli\u003e✅ \u003cstrong\u003eFree Industrial Zones\u003c\/strong\u003e: Kutaisi, Poti, Tbilisi – 0% corporate, income, property, and import taxes\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch3\u003eThe Virtual Zone Advantage for IT Companies\u003c\/h3\u003e\u003cp\u003eGeorgia's Virtual Zone (VZ) status is a game-changer for NRI IT entrepreneurs. A VZ company pays \u003cstrong\u003e0% corporate tax\u003c\/strong\u003e on income earned from providing IT services to non-Georgian clients. Only a 5% dividend withholding tax applies when profits are distributed. This makes Georgia one of the most tax-efficient jurisdictions globally for software, SaaS, and digital services businesses.\u003c\/p\u003e\u003ch3\u003eTypes of Georgia Companies\u003c\/h3\u003e\u003ch4\u003eLLC (Shezguduli Pasuxismgeblobis Sazoɣadoeba)\u003c\/h4\u003e\u003cp\u003eThe standard vehicle for foreign investors. Simple governance, no minimum capital, 1–2 day incorporation. Subject to 15% corporate tax (or 0% under Virtual Zone for qualifying IT businesses).\u003c\/p\u003e\u003ch4\u003eFree Industrial Zone (FIZ) Company\u003c\/h4\u003e\u003cp\u003eFor manufacturing and trading businesses. FIZ companies enjoy 0% corporate tax, 0% income tax, 0% import\/export tax, and 0% property tax within the zone.\u003c\/p\u003e\u003ch3\u003eOur Georgia Company Formation Package Includes\u003c\/h3\u003e\u003col\u003e\n\u003cli\u003eBusiness activity assessment and Virtual Zone \/ FIZ eligibility review\u003c\/li\u003e\n\u003cli\u003eCompany name search and reservation\u003c\/li\u003e\n\u003cli\u003eLLC incorporation with National Agency of Public Registry (NAPR)\u003c\/li\u003e\n\u003cli\u003eRegistered address in Georgia (1 year)\u003c\/li\u003e\n\u003cli\u003eVirtual Zone status application (if applicable)\u003c\/li\u003e\n\u003cli\u003eCorporate bank account introduction (TBC Bank, Bank of Georgia, or Credo Bank)\u003c\/li\u003e\n\u003cli\u003eCompliance pack: UBO declaration, KYC, AML policy\u003c\/li\u003e\n\u003cli\u003eCertificate of Incorporation + Share Certificates\u003c\/li\u003e\n\u003cli\u003ePost-incorporation: VAT registration (if applicable)\u003c\/li\u003e\n\u003c\/ol\u003e\u003ch3\u003eTimeline\u003c\/h3\u003e\u003cp\u003eStandard LLC incorporation: \u003cstrong\u003e1–2 business days\u003c\/strong\u003e. Virtual Zone application: additional 5–7 days.\u003c\/p\u003e\u003ch3\u003eFrequently Asked Questions\u003c\/h3\u003e\u003cdl\u003e\n\u003cdt\u003e\u003cstrong\u003eWhat is the Virtual Zone in Georgia?\u003c\/strong\u003e\u003c\/dt\u003e\n\u003cdd\u003eThe Virtual Zone is a special tax regime for IT companies in Georgia. A VZ company pays 0% corporate tax on income from providing IT services to non-Georgian clients, and only 5% dividend withholding tax on distributions.\u003c\/dd\u003e\n\u003cdt\u003e\u003cstrong\u003eIs Georgia a good choice for NRI IT entrepreneurs?\u003c\/strong\u003e\u003c\/dt\u003e\n\u003cdd\u003eYes. The Virtual Zone's 0% corporate tax, combined with Georgia's low setup costs and simple compliance, makes it one of the most attractive jurisdictions globally for NRI software and SaaS businesses.\u003c\/dd\u003e\n\u003cdt\u003e\u003cstrong\u003eIs Georgia in the EU?\u003c\/strong\u003e\u003c\/dt\u003e\n\u003cdd\u003eGeorgia is an EU candidate country with a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, providing preferential access to the European market.\u003c\/dd\u003e\n\u003c\/dl\u003e\u003cp\u003e\u003cem\u003eBlueberry is a Kerala-based global trade and financial services facilitation firm. We work with licensed Georgian company formation agents and Virtual Zone specialists to deliver compliant, end-to-end company formation services.\u003c\/em\u003e\u003c\/p\u003e","brand":"Blueberry","offers":[{"title":"Default Title","offer_id":48634035732712,"sku":"CF-GEO-001","price":149999.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0779\/4920\/6760\/files\/company-formation-in-georgia-low-cost-european-business-hub-for-nris.png?v=1781109779","url":"https:\/\/www.blueberryfm.com\/products\/company-formation-georgia","provider":"Blueberry","version":"1.0","type":"link"}