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💡 How much does it cost to set up a Georgian IT Zone (Virtual Zone) company — and, more importantly, how much does it cost to maintain it ongoing? In this video, I break down the key cost blocks and what you really need to focus on when planning.
✅ What this video covers:
✔️ What the IT Zone (Virtual Zone) is and why it’s so attractive (0% Corporate Income Tax on qualifying exports of IT/software/internet services, plus 0% VAT on exports) — ideal for international clients.
✔️ One-time setup costs (depending on provider/scope approx. €3,000–€8,000): Typically includes LLC incorporation, Virtual Zone status application, notary fees, translations, and legal support — often €1,300–€4,000 in budget packages, higher for full-service with bank account & compliance.
✔️ Registered address & office: Minimum requirement (virtual registered office) approx. 300–600 GEL/year (about €100–€200). Alternatives include a co-working desk or a small real office in Tbilisi from €150–€400/month.
✔️ Realistic office costs by location/standard (examples): Virtual setup is very cheap (under €200/year), co-working in Tbilisi from €150/month, dedicated small office €300–€800/month — many IT companies start virtual and scale later.
✔️ Salaries & team building: What’s possible in Georgia (small dev teams can be very efficient). Typical ranges: Junior developer ~$1,500–$2,500/month, Senior developer ~$3,000–$5,000+/month (gross; social costs are relatively low). Much cheaper than the EU, with strong talent and good English skills.
✔️ Why Georgia is especially interesting if you want to optimize both taxes and personnel costs: 0% CIT on qualifying IT exports, low wages, straightforward remote setup, and a strong “tax-free + affordable talent pool” combination.
✔️ Practical hiring notes (market, platforms, recruiters): A large IT talent pool in Tbilisi/Batumi, platforms like LinkedIn/Job.ge, recruiters typically charge 15–20% of annual salary, many roles are remote or hybrid — plenty of locals and expats with EU-level standards.
With over 15 years of international structuring experience and hundreds of company setups supported, I can say: Georgia’s IT Zone is one of the strongest tools for software/tech entrepreneurs in 2026 — 0% tax on exports + very low running costs can be unbeatable, as long as you comply with the export rules and document everything properly.
👉 Watch until the end for my top tips for the cheapest & safest entry, and how to avoid expensive mistakes. Share this video with anyone looking to optimize their IT business in Georgia.
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💼 CMC supports you with tax-optimized planning for company formation, bank account opening, and legally sound structuring in Cyprus, Georgia, and additional jurisdictions.
📌 Legal Notice: My videos provide an initial overview for interested viewers on topics such as company formation and residency in Cyprus, Malta, the United Arab Emirates, Georgia, Singapore, and other jurisdictions. The content does not replace legal or tax advice and makes no claim to completeness or up-to-dateness. I welcome feedback in the comments or via direct message.
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