Virtual Zone Status IT Company with a Tax Benefits, Tbilisi, Georgia
VIRTUAL ZONE STATUS IN GEORGIA FOR IT COMPANY WITH A TAX BENEFITS
Virtual Zone status company - the best IT company operational model for IT Business comes from Tbilisi, Georgia.
Do you have IT Company and IT business? Are you doing inhouse software development? Would you like to sell online worldwide your IT products and software in tax free regime? This great offer is for you!
The best news is that profit generated by a Virtual Zone Status license (company or individual entrepreneur ) from the supply of information technology (IT) services (development) outside of territory of Georgia is fully exempted from taxation in Georgia.
HOW TO GET THE STATUS OF VIRTUAL ZONE STATUS AND WHO IS ELIGIBLE?
Status of Virtual Zone Person can be granted to an IT company registered in Georgia. The status is granted to a legal entity involved in the creation of the computer software such as: the study, support, development, design, production and implementation of computer information systems etc.
WHAT IS THE VIRTUAL ZONE STATUS?
The Status of the Virtual Status Zone is a license to carry out IT business activities in a Virtual Zone with a tax benefits.
HOW LONG IT TAKES TO GET VIRTUAL ZONE STATUS?
After submission of the application, the Status is granted by the local authority by law in 5 working days (in practice in few working days - approx. 10-60 days) and applicant will receive an electronic certificate to confirm that the status is granted. It should be noted that The Status of the Virtual Zone is permanent. After getting Virtual Zone Person status license, the company is enjoying considerable tax benefits.
MAIN TAX BENEFITS OF VIRTUAL ZONE STATUS IN GEORGIA
- Virtual Zone Entities (VZE) engaged in qualifying IT activities may benefit from a 0% corporate income tax on profits generated from providing IT services to customers located outside Georgia. Under Georgian tax legislation, this allows many IT companies operating internationally to effectively benefit from 0% corporate taxation on exported IT services.
- In the case of dividend distribution, the standard Georgian withholding tax on dividends is 5%. This tax is paid by the company to the state budget at the moment of dividend payment. If dividends are paid to a non-resident shareholder, taxation in the shareholder’s country of tax residence should be considered, including the provisions of any applicable double taxation treaty between Georgia and that country.
- The director and shareholder of a Virtual Zone company may be either a Georgian citizen or a foreign individual. The director can manage the company remotely from Georgia or abroad and operate the corporate bank account using internet and mobile banking.
- There is no mandatory requirement to employ staff in Georgia. However, companies applying for Virtual Zone Status must demonstrate that they are engaged in genuine IT activities such as software development, IT services, or digital product creation.
- Virtual Zone Status provides significant opportunities for international technology businesses, including software development companies, SaaS providers, and IT outsourcing firms serving global clients.
- If the company purchases services from abroad (for example cloud services, hosting, or software subscriptions), it is generally recommended to register as a Reverse Charge VAT payer with the Georgian Revenue Service.
CLASSIC GEORGIAN LLC VS VIRTUAL ZONE STATUS (VZS) – TAXATION OVERVIEW
Below is a simplified overview of the taxation differences between a standard Georgian Limited Liability Company (LLC) and an IT company operating under the Virtual Zone Status (VZS) regime.
| Feature | Classic Georgian LLC | Virtual Zone Status (IT Companies) |
| Corporate Tax | 15% on distributed profits | 0% on qualifying IT services exported outside Georgia |
| Undistributed Profits | 0% (tax applies only when profits are distributed) | 0% |
| VAT (Value Added Tax) | 18% VAT may apply depending on business activity | Exported IT services generally treated as VAT-exempt |
| Dividend Tax | 5% withholding tax on dividends | 5% withholding tax on dividends |
| Eligible Activities | Any legal commercial activity | Software development, IT services, digital products and related activities |
| Typical Use | Trading companies, consulting firms, international business operations | Software companies, SaaS businesses, developers, IT outsourcing |
Note: Virtual Zone Status applies only to qualifying IT activities and generally requires that services are provided to clients outside Georgia.
OPENING CORPORATE BANK ACOUNT IN GEORGIA FOR VIRTUAL ZONE STATUS LLC COMPANY
We can help you set up a corporate IBAN bank account in multi-currencies with internet banking (also in English) and VISA international credit card remotely.
It is also good to note that Georgia is also still a great place to bank and is not a member of Common Reporting Standard (CRS) is an information standard for the automatic exchange of information (AEOI) regarding bank accounts on a global level.
NEW: WE OFFER A SIMPLE PROCEDURE TO OPEN YOUR VIRTUAL ZONE STATUS COMPANY REMOTELY WITH POWER OF ATTORNEY WITHOUT VISITING GEORGIA
You can operate the company and your corporate bank account from anywhere at the world or you can use also our nominee services >>
PRICE OF READYMADE LLC GEORGIAN COMPANY WITH A VIRTUAL ZONE STATUS
1. IT READY-MADE GEORGIAN LIMITED LIABILITY COMPANY (LLC) FROM YEAR 2026 WITH OUR OFFICES
Note: THIS VARIANT IS AVAILABLE BOTH REMOTELY (TRANSFER VIA POWER OF ATTORNEY) OR WITH CLIENT PRESENT IN TBILISI
The price of the ready-made company includes a legal business address in Tbilisi for 12 months.
The company is ready to start business on the same day we receive payment and signed documents. The price includes standard express delivery of corporate documents.
The price of the IT ready-made LLC company also includes registration for Virtual Zone Status (service value €300).
The Virtual Zone Status application will be submitted after the transfer of the company to the new director(s) and shareholder(s). A CV of the director and additional supporting documents must be provided with our assistance. The price does not include legal translation of the IT service contract into Georgian language if required by the authority.
What is included in the price of the Virtual Zone Status company:
β Fully registered Georgian Limited Liability Company (LLC) with full set of company certificates
β Registration of Virtual Zone Status with digital licence issued in Georgian language
β Digital company incorporation certificate in English and Georgian
β Company charter (Articles of Association)
β Registered legal address in Tbilisi for 12 months
β Tax registration with the Georgian Revenue Service (RS.ge)
β Access to the government portal my.gov.ge
β All government registration and administrative fees paid
Total price: βΎ4,700 GEL | €1,480
2. IT READY-MADE GEORGIAN LIMITED LIABILITY COMPANY (LLC) FROM YEAR 2026 WITH OUR LEGAL ADDRESS AND ACTIVE CORPORATE BANK ACCOUNT IN BANK OF GEORGIA
Note: THIS VARIANT IS AVAILABLE BOTH REMOTELY (TRANSFER VIA POWER OF ATTORNEY) OR WITH CLIENT PRESENT IN TBILISI
Price of the ready-made company (registered in 2026) includes a prepaid legal address in Tbilisi for 12 months and an active corporate IBAN bank account (GEL, USD, EUR).
The company is ready to start business on the same day once payment and signed documents are received.
The price of the IT ready-made company also includes registration for Virtual Zone Status (service value €300).
The Virtual Zone Status application will be submitted after the transfer of the company to the new director(s) and shareholder(s). A CV of the director and additional supporting documents must be provided with our assistance.
The price does not include legal translation of the IT service contract into Georgian language if required by the authority.
What is included in the price of the Virtual Zone company with corporate bank IBAN account:
β Fully registered Georgian Limited Liability Company (LLC) with full set of company certificates
β Registration of Virtual Zone Status with digital licence issued in Georgian language
β Digital company incorporation certificate in English and Georgian
β Registered legal business address in Tbilisi for 12 months
β Tax registration with the Georgian Revenue Service (RS.ge)
β All government registration and administrative fees paid
β Opening of a corporate bank account in Bank of Georgia (EUR, USD, GEL + additional currencies where available)
β Corporate VISA debit card and internet banking access
Total price: βΎ4,700 GEL | €1,480
Exchange rate calculated on 08. 03. 2026.
For more information about a classic Georgian LLC Company incorporation – please see the section of Georgian Ready-made Company on our website.
DO YOU ALREADY HAVE LLC COMPANY IN GEORGIA? DO YOU NEED TO GET VIRTUAL ZONE STATUS?
If you have company registered in Georgia or you need to incorporate a new LTD company in Georgia with the virtual office service, we can help you to get a Status of Virtual Zone Person within 7-10 days (usually up to 60 days) and to enjoy this innovation, attractive environment and favorable tax regime in Georgia. We are ready to help. Our assitance fee is starting from 1500 GEL based on the comlexity of the case.
STILL DECIDING? REASONS TO DO BUSINESS IN GEORGIA
"ACCORDING TO BLOOMBERG’S 2022 ANNUAL GLOBAL STUDY OF FOREIGN DIRECT INVESTMENT FLOWS, “GEORGIA STANDS OUT AS A POPULAR INVESTMENT DESTINATION, RANKING 13TH FOR INVESTMENT AMONG MAJOR GLOBAL ECONOMIES, INCLUDING THE US, CHINA, AND THE UK, READS THE INVESTMENT CLIMATE STATEMENTS PUBLISHED BY THE US DEPARTMENT OF STATE"
"BASED ON EASE OF DOING BUSINESS REPORT BY WORLD BANK GEORGIA IS ON 9TH POSITION IN TOP TEN COUNTRIES WORLDWIDE FOR EASE OF DOING BUSINESS"
"2020 INDEX OF ECONOMIC FREEDOM BY THE HERITAGE FOUNDATION - GEORGIA IS 12TH IN THE WORLD AND 6TH IN EUROPE"
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