Accounting

Accounting

Accounting services in Georgia

Monthly returns, annual financial statements and dealings with the Revenue Service: we keep your company’s or individual entrepreneur’s accounts in order, wherever you are.

Anyone doing business in Georgia, with a company (LLC) or as an individual entrepreneur, must keep accounting records in Georgia to the required standards and file monthly returns with the Revenue Service. Deadlines are strict, and late filing brings penalties and interest.

The ITAGEO accounting department works remotely, in English or Italian. We record your documents, prepare monthly and annual returns and financial statements, and deal with the Georgian tax authority for you.

Step by step

How it works

1
Document collection
You send invoices and documents digitally.
2
Bookkeeping
We record transactions to the standards required in Georgia.
3
Tax returns
We prepare and file returns with the Revenue Service on time.
4
Financial statements and reports
We prepare financial statements and periodic reports, always available to you.

What’s included

  • Recording of invoices, receipts and documents
  • Bookkeeping to the standards required in Georgia
  • Monthly and annual tax returns
  • Payroll, employee withholding, annual financial statements and reports
  • Dealing with the Revenue Service and answering its requests

Main deadlines

  • Monthly returns
    Withholding, tax on distributed profits, VAT if registered, 1% for small businesses: by the 15th of the following month
  • Property tax
    Annual return for companies with assets in Georgia, following the Revenue Service calendar
  • Annual financial statements
    Filed with the accounting oversight authority (SARAS); statements are public

By type of business

  • Individual entrepreneur with small business status
    Simplified monthly return of 1% on turnover
  • LLCs and branches
    Monthly returns and annual financial statements
  • Larger companies
    Mandatory audit depending on the company’s category (assets, turnover and staff)
Most small foreign-owned businesses in Georgia aren’t subject to a mandatory audit: we check it for your case.

Frequently asked questions about accounting in Georgia

What happens if I file late?

The tax authority charges penalties and late-payment interest. The easiest way to avoid them is to leave deadlines to someone who tracks them every day.

Are company financial statements public in Georgia?

Yes. Statements filed with the accounting oversight authority (SARAS) are published online on reportal.ge.

Does my company need an audit?

It depends on the company’s category, set by assets, turnover and number of employees. Most small foreign-owned businesses in Georgia are not subject to a mandatory audit.

Do you handle both companies and individual entrepreneurs?

Yes: LLCs, branches, joint stock companies and individual entrepreneurs, with a simplified service for small business status.

Can I manage my accounting remotely?

Yes. The service is designed to work remotely: you send documents digitally, with no need to be in Georgia.

Sources

Note. This information is current as of October 2026 and may change. It is a general overview, not tax or legal advice for your case: check the rules in force with a professional before you decide, or contact the Chamber.

Want us to handle your accounting in Georgia?

Tell us about your situation: we’ll work out the right service together.

Talk to our team