Compiling a Tax Declaration in Georgia

Legal entities and individuals are required to submit several types of declarations to the Revenue Service during the year. Incorrect submission of a declaration or failure to submit a declaration within the time limit set by law shall result in liability of the person. 

   
A legal entity is obliged to submit the following to the Revenue Service in accordance with the rules Annual Property Declaration before April 1 of each year for the period from January 1 to December 31 of the previous year.

• Profit Declaration before the 15th day of each month for the period of: from the first day to the last day of the last month.
• Value Added Tax Declaration before the 15th day of each month for the period of: from the first day to the last day of the last month.
• Income Declaration before the 15th day of each month for the period of: from the first day to the last day of the last month.
• Submitting a declaration before the 15th of each month on the salary paid to the pension fund for the period of: from the first day to the last day of the last month before the 15th of each month.
• Import Tax Declaration before the 15th of each month for the period of: from the first day to the last day of the last month.

A natural person is obliged to submit:
• Income Declaration before April 1 of each year for the period from January 1 to December 31 of the previous year;
• Property Declaration before November 1 of each year for the period from January 1 to December 31 of the previous year.
The above declarations belong only to the main types of declarations and it should be noted that the type of declaration and the deadline for submission depend on many different circumstances and the term and form of their submission may change.

To get the service or to find out more details, simply schedule a consultation with us.