To collect information on foreign entrepreneurs, the National Statistical Office of Georgia selectively sends a notification about the need to fill out a questionnaire. This information is necessary for the Georgian government to calculate statistics, including on foreign investments and analysis of data on companies with foreign founders, contacts, contractors, and clients. In this article, we will look at how the Sakstat questionnaire is filled out for non-resident entrepreneurs in Georgia.

The correctness of tax reporting and proper planning of further work depends on competent accounting. When you open your business in another country it is quite difficult to understand how to act correctly if you do not know all the nuances of the law. In this article, we will tell you about accounting in Georgia.

Outsourcing to professionals and delegating non-key business functions, such as remote accounting and tax consulting, is no longer just a necessity

Setting up a business in a foreign country may bring to life many procedural matters that require thorough consideration. One of such could be getting professional accounting services in Georgia.

The financial and tax reporting in Georgia presents a very convenient system of submitting documents, at the same time it meets every modern international and European standard. Since 2000 the Georgian Government has introduced several reforms to ease the accounting and tax scheme in Georgia. Firstly the government approved the standards of accounting and financial audit soon after, they have reduced the tax burden.

Accounting is not associated with a bunch of papers and documents for a long time now. Instead, all accounting operations have shifted to the electronic format. In this day and age, an accountant will only require a computer and an appropriate accounting program. This article will review mostly utilized accounting programs in Georgia.