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Crypto tax in Georgia 2026
Georgia is one of the few countries where individuals genuinely pay 0% on crypto profits.
The tax authority treats crypto sale income of individuals as foreign-source, which the territorial system leaves untaxed.
Crypto trades also carry no value added tax (VAT).
Exchanges and custodians are regulated: virtual asset service providers (VASPs) must register with the National Bank.
At a glance
- top rate
- 0% for individuals
- entry band
- 0% from the first lari of gains
- tax year basis
- Calendar year 2026
- filing deadline
- No filing obligation arises on exempt individual crypto gains
- residency basis
- Exemption applies to resident individuals; business activity is different
- regime flag
- Foreign-source classification is the legal basis for the 0%
Rates
Crypto treatment 2026
| Situation | Treatment |
|---|---|
| Individual selling or exchanging crypto | 0% — foreign-source income, exempt |
| Value added tax (VAT) on crypto exchange | None |
| Trading through a Georgian company | Company rules apply — 15% profit tax on distribution |
| Dividends paid out of a crypto company | 5% withholding |
Marginal rates apply within each band.
Thresholds & allowances
- Exempt amountUnlimited
The 0% for individuals has no cap — it is a source rule, not an allowance.
- Business boundaryWatch structure
Running the activity through a company, or as an organised local business, moves it out of the personal exemption.
Residency
Residency trigger
The exemption works for Georgian tax residents, including people who moved specifically for it — 183 days of presence, or the wealth-based high-net-worth individual (HNWI) route, establishes residency.
Non-resident treatment
Non-residents owe Georgia nothing on personal crypto gains either; only Georgian-source income is ever in scope.
Notes
- Since 2023 exchanges operating locally must register with the National Bank as virtual asset service providers (VASPs) — a compliance regime, not a tax.
- Mining or professional day-trading conducted as an organised business in Georgia can be taxed as local business income at 20% — the casual investor exemption is not a blanket shield.
- Banks apply their own source-of-funds checks when crypto proceeds land, so documentation of trades is still worth keeping.
- The 0% rests on Finance Ministry Public Ruling N201 of 28 June 2019, which binds the tax authority: individual crypto income is deemed non-Georgian-source, and crypto-to-fiat exchange is exempt from value added tax (VAT).
- The line between exempt personal crypto activity and taxable organised business (including mining at scale) is not drawn in published guidance — treat the 20% business outcome as the conservative reading and verify.
FAQ
I cash out GEL 200,000 of bitcoin profit as a Georgian resident — what tax applies?
0% under current practice: individual crypto gains are treated as foreign-source income, which residents do not pay tax on.
Does swapping one coin for another trigger tax?
No — with the personal rate at 0%, neither swaps nor sales create a liability for individuals, and crypto trades carry no value added tax (VAT) either.
Figures: tax year 2026, compiled from public sources. Not tax advice.