Individual Entrepreneur Registration and 1% Small Business Status
Contents
- Setup in 1-2 Business Days
- Eligible For 1% Tax Rate
- No Physical Visit Required
- Multi-Currency Banking
NOMOS Georgia provides a complete service for individual entrepreneur registration and obtaining Small Business Status, giving you access to one of Georgia’s most attractive tax regimes. Our legal professionals guide you through every step of the process, ensuring you maximize your tax benefits while avoiding legal mistakes and potential tax penalties.
What Is Small Business Status and Individual Entrepreneur Registration?
An Individual Entrepreneur (Sole Proprietorship) is the simplest legal structure for an individual to conduct business activities in Georgia.
Small Business Status is a special preferential tax regime granted by the Revenue Service of Georgia to eligible individual entrepreneurs.
Its primary benefit is that qualifying entrepreneurs with an annual gross turnover of up to GEL 500,000 are taxed at only 1%, instead of the standard 20% personal income tax, making it one of the most attractive tax regimes available for small businesses.
Who Is the Individual Entrepreneur Registration Service For?
Our individual entrepreneur registration and Small Business Status service is designed for independent professionals who work locally or remotely, including:
- Freelancers, graphic designers, digital marketers, copywriters, and other professionals serving international clients and online platforms.
- IT specialists, software developers, engineers, and data analysts earning income from foreign companies.
- Small retailers and service providers whose annual turnover remains within the statutory threshold.
What Does NOMOS Georgia's Individual Entrepreneur Registration Service Include?
We ensure that your business is established quickly and in full compliance with Georgian legislation.
Our services include:
- Registration of an Individual Entrepreneur with the Public Registry.
- Preparation and submission of the application for Small Business Status through the Revenue Service (RS.GE).
- Detailed analysis of your business activities using the appropriate NACE economic activity codes to ensure your activities qualify for the preferential tax regime.
- Initial tax consultation covering monthly tax reporting obligations and the opening of business bank accounts.
Why Choose NOMOS Georgia?
Although the registration procedure appears straightforward, the Small Business Status regime is subject to strict legal requirements.
Georgian legislation contains an extensive list of prohibited activities (including certain consulting services and other regulated professions). If your business is incorrectly classified, the tax authorities may retroactively revoke your Small Business Status and impose the standard 20% income tax, together with additional tax liabilities and penalties.
At NOMOS Georgia, we carefully review your contracts, invoices, and business model to ensure your activities are structured correctly and remain fully compliant with applicable tax regulations.
Highly qualified attorneys providing reliable, compliant, and strategic legal solutions.
Streamlined digital processes allowing you to manage your legal affairs from anywhere.
Clear, upfront costs with absolutely no hidden fees, ensuring full financial predictability.
What Will You Receive?
Upon completion of our services, you will receive:
- A fully registered Individual Entrepreneur status.
- An official Small Business Status certificate.
- Full legal authorization to receive payments from clients worldwide while benefiting from the 1% tax regime, without unnecessary administrative or legal risks.
Frequently Asked Questions
What happens if my annual turnover exceeds GEL 500,000?
The portion of your annual turnover exceeding GEL 500,000 is taxed at 3%. However, if your annual turnover exceeds GEL 500,000 for two consecutive calendar years, your Small Business Status will be revoked.
Which activities are not eligible for Small Business Status?
Certain business activities are excluded from the Small Business regime, including gambling, financial services, legal services, consulting activities, the production or trade of excise goods, and several other activities specifically restricted under Georgian tax legislation.
Our legal experts are ready to guide you through establishing your corporate presence in Georgia with turnkey support.