an IT company in the virtual zone, a win-win scenario for you and your customers

Among the many industrial sectors that are doing well in the global economy, information technology is certainly at the top.  Information technology has become one of the most favourable sectors for creating jobs and making profits. However, the sector also needs incentives and a level playing field to be competitive at the highest degree. This is what Georgia offers in the form of Virtual Zones.

What is a Virtual Zone Entity in Georgia?

One of the advantages of Georgian tax legislation for the Information Technology sector, both for local and foreigners, is the avaibility of a special status. The "Virtual Zone Entity" is a legal entity operating in the field of Information Technology to which the Georgian tax administration has granted a special status: Profits generated by a VZE from the sale of IT services outside Georgia are exempt from Tax.

Is tax optimisation taboo?

Why is tax optimisation so little known?

As everyone knows, taxes have become excessively heavy in taxpayers' budgets, particularly in Western Europe. Everyone, whether an entrepreneur or an individual, should look for ways to reduce this tax burden, which is becoming quite unbearable. One solution is tax optimization. It is a legal solution that allows you to pay less taxes. But then, why is tax optimization still so little known?