Europe
Currency
GEL
Corporate Tax
15%
Personal Income Tax
20%
VAT / GST
18%
15% on distributed profits only (Estonian model); 0% undistributed.
Flat 20% PIT.
Standard 18%; 0% exports.
Dividends
5%
Interest
0%
Royalties
10%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
Employee 20% + employer 2% (pension).
Capital Gains Tax
20% (or 0% on certain)
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property tax ~0.05–1%
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Calendar year
Notes
Estonian CIT model (0% until distribution). Free Industrial Zones. IT status (Virtual Zone).
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