Virtual Zone Person
Complete guide to virtual zone person status in Georgia. Requirements, application process, tax benefits and real examples.
definition
Virtual Zone Person (VZP) is a special tax status that grants qualifying internet-based service companies in Georgia a corporate income tax of 0%. It is Georgia's most important technology funding instrument, which makes the country one of the most attractive locations for technology companies worldwide.
prerequisites
- NACE 62.01: The main activity must be computer programming
- Economic Substance: Real operations in Georgia
- Export orientation: At least 90% of turnover from abroad
- Internet-based: Services are provided via the Internet
Tax benefits
standard
- Corporate income tax: 15%
- Dividend tax: 5%
Virtual Zone
- Corporate income tax: 0%
- Dividend tax: 0%
application process
- 1Business registration with NACE 62.01
- 2Build up economic substance
- 3Online application via rs.ge
- 4Submit documents
- 5Approval within 15 to 30 days
Example: SaaS startup
A SaaS project management startup with 3 founders that generates €120,000 in annual revenue from 100% EU customers.
- Standard: 15% Tax = €18.000 | Net: €102.000
- Virtual Zone: 0% Tax = €0 | Net: €120.000
- Annual savings: €18,000
Result: €18,000 annual tax savings with virtual zone status
Frequently asked questions
Source: Georgia Business & Technology Glossary by Del-Ops Technology & Consulting Team. Last Updated: February 2026.