Tbilisi, the capital of Georgia, has a population of around 1.2 million, representing roughly one-third of the country’s total population of 3.7 million. However, it contributes approximately 50% of Georgia’s GDP, establishing itself as the nation’s central and most important economic hub. As a result, Tbilisi is the top destination for foreign investors in the country.
It should be mentioned that Georgia was ranked as 7 in the world in terms of ease of doing business by the World Bank. If you are considering entering Tbilisi’s vibrant and attractive market, there are two options you could choose from. You can either 1) operate business as an individual entrepreneur and obtain small business status from the Tax Authority of Georgia (details about this option is discussed in the following article Small business status in Georgia ); or 2) register a company in any legal form. In the case of the second option, the most popular choice is Limited Liability Company (LLC), which gives the most flexibility to businesses, especially in the starting phase.
There are many companies that provide accounting services in Tbilisi. However, the accounting services market is dominated by a few top providers, with significant market shares. Our company, Ants, is a leading accounting firm in Georgia. We serve more than 600 client companies every day and we have been providing our services to clients since 2015. We employ the country’s finest talent and our staff is specially trained to provide exceptional customer experience. In fact, we have been awarded a nomination for Exceptional Customer Experience in the country’s largest business award annual ceremony.
We provide a full range of accounting services, including, but not limited to the following: accounting in the modern software; filing tax declarations; tax advisory; representation with the tax authorities. Our accounting system includes three levels of control: bookkeeping records are prepared by our accountants, then reviewed by financial managers, and finally supervised by internal auditors. We take great care to eliminate any mistakes in tax returns and we take financial responsibility for any tax penalties caused by any mistakes. It should be noted though, that we have close to a hundred percent success track record in tax-related matters. Therefore, choosing Ants as your service provider would be a very safe bet.
Due to high competition, accounting service fees in Tbilisi are both reasonable and affordable. Local firms typically do not impose tourist taxes. Our fees are consistent for both local and foreign companies and individuals, with variations based solely on objective factors such as the number of employees, revenue size and the complexity of the client company’s industry.
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