Below you may find “standard/ordinary” tax rates, however please note that there are many tax exemptions that might apply and sorts of statuses that might be obtained by Georgian businesses for tax relief. Therefore. the rates below are just for the reference and each transaction, business, holding of property or any other taxable object/subject shall be subject to separate deep and personal analysis. 20% Personal Income Tax 15% Corporate income Tax (Upon distribution of dividend or deemed distribution of dividend); 5% Dividend Tax; 0 - 20% Withholding Tax; 0 - 18% VAT, Reverse Charged VAT; 0 - 1% Property Tax 0 - 12% Import Tax; Excise tax (fully depends on excisable goods)