Post by EFS Group

The reverse VAT trap that catches almost every foreign-owned business in Georgia. You pay a developer in Argentina. A Notion subscription. A Google Ads bill. You think: that is just a normal business expense. Under Georgian rules, you may owe reverse-charge VAT on it, 18% of the payment, declared and paid by you, not the foreign vendor. If you are not VAT-registered, you still owe it. Many founders go years without realizing this, and it surfaces during an audit as years of unfiled obligations plus penalties. #Georgia #InternationalBusiness