What accounting costs in Tbilisi
Monthly fees depend on how many transactions you post and whether you are registered for VAT, and the fixed price grids add 18% VAT on top. A non-VAT business with up to 10 transactions a month pays 180 GEL at Tbilisi Expat, and ExpatHub charges individual entrepreneurs and freelancers 250 GEL. Tbilisi Expat moves companies that are VAT registered, employ staff or hold Virtual Zone status to 315 GEL, ExpatHub’s LLC plan starts at 350 GEL, and the Ants company package starts at 450 GEL.
One-off work is priced separately. Catching up on missed filings costs 270 GEL per month filed at Tbilisi Expat, restoring a set of books starts at 650 GEL at Jara Accounting, and a tax consultation there costs 300 GEL an hour. BDO, Grant Thornton, Nexia and Kudos quote on request, so give them your monthly transaction count and VAT status to get a figure you can compare.
Filing deadlines your accountant handles
- Monthly, by the 15th. Small business tax returns, VAT returns and profit tax returns for the previous month.
- Within 2 business days. A VAT registration application, once VAT-taxable supplies over 12 consecutive calendar months exceed 100,000 GEL.
- Before 1 April. The annual return for a micro business, an individual with no hired staff and gross income of up to 30,000 GEL a year.
- By 1 October. Financial statements and management reports for the previous year, filed with SARAS.
What to check before hiring an accountant
- Registration. Search the firm’s name or ID on the SARAS accounting firm and audit firm registers at saras.gov.ge.
- Scope. Confirm the transaction cap, whether VAT returns, payroll declarations and the annual SARAS report are included, and what work outside the package costs.
- Liability. Ask who pays if a filing is wrong. Tbilisi Expat takes on liability for errors once it files, and Kudos covers losses caused within its service through insurance.
- Your accountant. Get the name of the person keeping your books and who covers for them. At MyBookkeeper the free first consultation is with Levan Jojua, who runs the practice. Ants allocates an accountant to each client, and JUST Advisors adds a tax consultant and a lawyer.
- Billing. Lite plans at Tbilisi Expat and ExpatHub bill the first quarter upfront.
Types of accounting firm in Tbilisi
Fixed-fee services such as MyBookkeeper, Tbilisi Expat and ExpatHub publish price grids by transaction count and serve clients in English, which fits freelancers and small foreign-owned LLCs. Georgian firms with broader service lines, including Ants, IBCCS TAX Georgia, Jara Accounting and JUST Advisors, add services such as book restoration, tax audit support and legal work. The Tbilisi members of international networks (BDO, Grant Thornton, Nexia and Kudos) run audit practices alongside accounting. BDO, Grant Thornton and Nexia take on chief accountant work, and Nexia and Kudos also offer IFRS work.