Individual Entrepreneur registration is the foundation of the 1% regime. It is administratively simple, but the order in which you do things determines whether the rest goes smoothly.
What an Individual Entrepreneur is
An Individual Entrepreneur (IE) is not a company. It is you, registered to carry on business activity in your own name, with a taxpayer identification number and filing obligations. Small Business Status is then applied for on top of that registration.
The sequence that works
The steps are individually easy and collectively unforgiving of a wrong order — applying for a bank account before your status is settled, for example, tends to produce a weaker application.
- Confirm your business activity is not on the excluded list.
- Register as an Individual Entrepreneur at the Public Service Hall.
- Register for tax and obtain access to the Revenue Service portal.
- Apply for Small Business Status before invoicing under the regime.
- Only then approach a bank, with your registration and status in hand.
- Set up bookkeeping and the monthly declaration routine from month one.
Documents and practicalities
Expect to need your passport, a Georgian address for registration, and translations or notarisation for some documents. Attending in person is the normal route; a properly drafted power of attorney is the alternative where it is accepted.
Life after registration
Registration is the beginning of a compliance routine, not the end of a project. Monthly declarations, correct invoicing, and keeping turnover records that match your bank activity are what keep the status intact.
Frequently asked
Do I need to be in Georgia to register?
In-person registration is the standard route. Remote registration through a representative depends on the documentation being accepted, so it should never be assumed.
Is Small Business Status automatic once I register?
No. It is a separate application, granted on the basis of your declared activity, and it should be in place before you rely on the 1% rate.
This website provides general information and illustrative modelling only. It is not tax, legal or financial advice. Tax treatment depends on individual circumstances, business activity, tax residence, income source, foreign tax rules, citizenship and existing corporate structures. Specialist advice is provided or reviewed by appropriate professionals.