Crypto & financial services
Cryptocurrency taxation in Georgia
Individuals and companies are treated differently. What matters is your tax residence and the nature of your activity.
What it is about
Individuals: under Public Decision No. 201 of the Ministry of Finance (28 June 2019), proceeds from selling cryptocurrency are not Georgian-source income; individuals usually pay no Georgian income tax on them. Exchanging crypto for money is outside VAT. For mining and staking income we advise you separately.
Companies: a Georgian company pays 0% while profits are retained and 15% on distribution, plus 5% withholding tax for individuals. Your previous country of residence may also claim tax.
Requirements
- Clarify your tax residence (Georgia or another country)
- Private investing or business activity?
- Records of purchases, sales and wallets
- For companies: proper bookkeeping
How it works
- Clarify situation and residence
- Decide: privately or through a company
- Build the documentation
- Prepare returns and bank documents
How StartKap helps
We explain the Georgian rules, form the right company if needed and handle bookkeeping and returns. For your country of residence we recommend local tax advice.
Mining, staking and business trading are assessed separately for tax – we clarify how this applies to you in a consultation.
Legal status checked on 9 Nov 2026. General information, not legal or tax advice for your individual case.
Questions about this service
Is crypto always tax-free in Georgia?
No. The favourable treatment concerns private sales. Business trading, mining or salaries paid in crypto may be treated differently.
Do I have to live in Georgia?
Georgian treatment depends on tax residence. While you are resident elsewhere, that country’s law usually applies.