One of crucial novelties coming into effect starting from 2024 is related to the requirements of the obligatory registration for the Value Added Tax (VAT) payers. So far, an entity has been obliged to apply for VAT registration within two working days after its turnover within Georgia, which may be regarded as subject to VAT, in any 12 consecutive months has reached 100,000 GEL.
Source: eurofast.eu
Latest Posts in "Georgia"
- Strengthening Tax Administration: The Impact of Georgia’s Large Taxpayer Office on Revenue and Compliance
- VAT Exemption Introduced for Investment Gold Supply and Import Effective January 1, 2026
- VAT Return and Payment Deadlines for Foreign Digital Service Providers in Georgia, Q1 2026
- Georgia Sets Q1 2026 VAT Filing and Payment Deadlines for Nonresident Digital Service Providers
- Georgia Amends Tax Code: VAT Exemption for Real Estate and Construction Services Until 2029
