Georgia Corporate Income Tax 15% — Estonian Model

Corporate Tax Filing

When is profit tax declared?

The annual declaration — by 1 April; for certain categories — monthly, by the 15th day of the following month.

What is the fine for late filing?

5 percent of the tax payable (delay up to 2 months) or 10 percent (longer); no fine applies to a zero declaration.

How are current payments made?

25 percent of the previous annual tax in four instalments — 15 May, 15 July, 15 September, 15 December.

Is an extension possible?

Yes, by 3 months — with paid current payments and a written application; the payment deadline stays unchanged.

What if activity ceases?

A declaration is due within 30 working days; no further obligation until renewal.

5 min·8 Feb 2026

The Essence of Corporate Tax Reporting

The declaration of profit tax is the central part of the annual tax reporting of an enterprise: the law determines who, when and how files the declaration, how the amounts are computed and what the consequences of missing a deadline are. The annual income/profit tax declaration is filed by resident individuals whose income is not taxed at the source in Georgia, by enterprises, and by a non-resident individual or a non-resident enterprise without a permanent establishment whose Georgian-source income is not taxed at the source. This page gathers the rules every enterprise should be guided by — from annual and monthly reporting to current payments.