Every month, you're leaving
thousands of dollars to taxes.
Keep your earnings with Georgia's 1% tax advantage. For online professionals residing in Turkey, we establish companies, open bank accounts, and set up your payment infrastructure.
Valid for Individual Entrepreneurs up to ~$180K annual turnover.
What are you leaving on the table every month?
We compared two different scenarios for an online professional earning $10,000 per month.
Are these problems slowing down your business?
Delayed Payments
Payments from abroad can take weeks, locking up your cash flow.
Complex Invoicing
Each payment brings new issues. Compliance is difficult, and costs are unpredictable.
Eroding Profit Margins
Your earnings are constantly reduced by taxes, commissions, and exchange rate differences.
Weak Corporate Identity
You lack a company structure that supports your professional image, causing you to lose opportunities when working with global clients.
These problems stem from the system, not from you. When you set up the right structure, these burdens disappear.
We manage every step for you.
A single team manages the entire process. You have one point of contact, allowing you to focus on your business.
Turnkey Setup
Our dedicated team manages the entire process. We define the strategy, prepare documents, and follow up on your behalf. All you need to do is sign.
Optimised Tax Structure
We establish a fully compliant structure that is sustainable, auditable, and easily reportable. We aim for an effective tax rate of ~1–3%.
Global Payment Infrastructure
No matter how your clients wish to pay, you'll have no issues. We build a seamless infrastructure compatible with major payment platforms.
Ongoing Operations Support
We handle your accounting, reporting, and legal notifications. We manage everything on time and completely. You won't need to remind us of anything.
Cash flow that removes borders.
Multi-Currency Account
Manage USD, EUR, GBP, and TRY currencies from a single panel. Each will have its own IBAN. You can hold international payments in their original currency and convert them at favorable rates anytime.
Seamless International Transfers
Easily send and receive payments via SWIFT from anywhere in the world. Since we resolve compliance processes from the start, there's no risk of your funds getting stuck. Payments typically clear into your account on the same business day.
Major Payment Platform Integration
Your clients can easily pay you with cards or digital wallets. Your company's country of incorporation provides direct access to major payment platforms. Your tax advantages also apply to these payments.
Corporate Bank Cards
Obtain physical and virtual cards for your company expenses. Manage costs like advertising, software, and travel from one place. Your expenses are automatically categorized and ready for accounting.
Same business, different costs.
An online professional's costs are grouped under three main headings: income tax, VAT, and social security. Country selection directly impacts your profit margin.
Income Tax
Determines how much of your earnings you pay to the state. It is generally progressive for sole proprietorships and flat-rate for companies.
Value Added Tax (VAT)
This is the tax you collect from your client and pay to the state. In many countries, you are exempt from VAT up to a certain turnover.
Social Security Burden
This is the mandatory contribution you must pay as an independent professional. This amount varies significantly from country to country.
| Comparison | Turkey Local ground, high total burden | Georgia 1% effective rate · VAT exemption |  USA Low setup, heavy reporting |  UK Fast setup, moderate burden |  UAE Visa eligibility, high cost |  Montenegro Low rate, moderate cost |
|---|---|---|---|---|---|---|
| Setup Cost | ~$100 | $999 | $300–$500 | ~$15 | $2K–$15K | ~$700 |
| Annual Fixed Costs | $1.5K–$3K | $99 | $300–$500 | $50–$200 | $4K–$8K | $300–$700 |
| Monthly Accounting | $150–$350 | Starting from $100 | $200–$500 | $200–$450 | $400–$900 | $100–$300 |
| Income / Corporate Tax | 15%–40% prog. | 1% * | 0% ** | 19%–25% | 0% / 9% *** | 9%–15% |
| VAT | 20% (no threshold) | None * | None | 20% (~$115K) | 5% (~$102K) | 21% |
| Commercial Bank Account | Easy | Easy | Moderate | Moderate | Moderate | Moderate |
| Personal Bank Account | Easy | Easy | Very Hard | Very Hard | Moderate | Hard |
| Obtaining Residence Permit | Citizen | Easy | Very Hard | Hard | Moderate | Hard |
Turkey
Local ground, high total burden
- Setup Cost
- ~$100
- Annual fixed costs
- $1.5K–$3K
- Monthly accounting
- $150–$350
- Tax
- 15%–40% prog.
- VAT
- 20% (no threshold)
- Commercial bank
- Easy
- Personal bank
- Easy
- Residence permit
- Citizen
Georgia
1% effective rate · VAT exemption
- Setup Cost
- $999
- Annual fixed costs
- $99
- Monthly accounting
- Starting from $100
- Tax
- 1% *
- VAT
- None *
- Commercial bank
- Easy
- Personal bank
- Easy
- Residence permit
- Easy
USA
Low setup, heavy reporting
- Setup Cost
- $300–$500
- Annual fixed costs
- $300–$500
- Monthly accounting
- $200–$500
- Tax
- 0% **
- VAT
- None
- Commercial bank
- Moderate
- Personal bank
- Very Hard
- Residence permit
- Very Hard
UK
Fast setup, moderate burden
- Setup Cost
- ~$15
- Annual fixed costs
- $50–$200
- Monthly accounting
- $200–$450
- Tax
- 19%–25%
- VAT
- 20% (~$115K)
- Commercial bank
- Moderate
- Personal bank
- Very Hard
- Residence permit
- Hard
UAE
Visa eligibility, high cost
- Setup Cost
- $2K–$15K
- Annual fixed costs
- $4K–$8K
- Monthly accounting
- $400–$900
- Tax
- 0% / 9% ***
- VAT
- 5% (~$102K)
- Commercial bank
- Moderate
- Personal bank
- Moderate
- Residence permit
- Moderate
Montenegro
Low rate, moderate cost
- Setup Cost
- ~$700
- Annual fixed costs
- $300–$700
- Monthly accounting
- $100–$300
- Tax
- 9%–15%
- VAT
- 21%
- Commercial bank
- Moderate
- Personal bank
- Hard
- Residence permit
- Hard
* Individual entrepreneur special status: 1% effective rate and VAT exemption, up to ~$180K annual turnover.
** Federal 0% if no US-sourced income; 5472 and 1120 reporting required.
*** Free Zone qualifying income 0%; 9% for income outside threshold or non-qualifying.
Figures are indicative; they vary based on personal situation, income structure, and service type. Bank access may vary based on residency, sector, and document structure. Current and personalized calculations are clarified during a strategy call.
Compare your structure, see your net income.
Compare common company types in different countries. Examine structures in Turkey (Sole Proprietorship/Limited Company), USA (LLC), UK (Ltd), UAE (Free Zone), Montenegro (DOO), and Georgia (Individual Entrepreneur). Clearly see your total annual cost.
Select your current structure
Your annual turnover
$100,000
Monthly average
$8,333
Turkey
Current structure · Sole Proprietorship
Income Tax
Effective ~32.7% · Marginal 35%
$32,738
Corporate Tax
For informational purposes only
— Sole proprietorship
VAT
20% (no threshold, covers all turnover)
$20,000
BAĞ-KUR Contribution
Mandatory social security (minimum basis)
$2,180
Annual fixed expenses
Chamber, e-documents, fees
$280
Accounting
12 months
$1,800
Total annual expense
$56,998
Georgia
Optimised structure · Individual Entrepreneur
Income Tax
1% flat (special status)
$1,000
Corporate Tax
For informational purposes only
— Individual entrepreneur
VAT
Special status exemption
Exempt
Annual fixed expenses
Turnkey service
$99
Accounting
12 months, base price
$1,200
Total annual expense
$2,299
$54,699
Approximately 96% decrease in total annual expense compared to the Turkey structure.
Each country is based on its typical structure: Turkey Sole Proprietorship (2025 Income Tax Law Art. 103 commercial income brackets 15-20-27-35-40%; thresholds ₺158,000 / ₺330,000 / ₺800,000 / ₺4.3M; ₺/USD ~42 base; BAĞ-KUR ~$2,180/year; accounting ~$150/month; administrative ~$280/year) or Limited Company (25% flat corporate tax; additional 10% withholding tax on profit distribution; Social Security ~$2,600/year; accounting ~$300/month; administrative ~$500/year), USA Delaware LLC (0% if no US-source income; accounting ~$250/month, Form 5472 included), UK Ltd (~22% corporate), UAE Free Zone (0% qualifying income, 9% otherwise; license+visa+office ~$5,500/year; mandatory health insurance ~$1,000/year), Montenegro DOO (9% profit <€100K; social contribution ~$1,090/year), Georgia Individual Entrepreneur (1% flat, up to ~$180K turnover). Annual total = tax + VAT (above threshold) + mandatory contribution (if any) + annual fixed expenses + 12 months accounting. VAT covers all turnover in Turkey; applied above threshold in UK/UAE/Montenegro; not applicable in USA and Georgia. Georgia figures are for our turnkey service. Personalized calculation is done during a strategy call.
All procedures completed in one day.
Strategy Call
Within 24 hoursWe conduct a brief call to understand you and your business. During this call, we create your personalized roadmap.
Setup Procedures
1–3 hoursWhen you arrive in Georgia, our team manages the entire process. We handle all procedures with official institutions. You only need to sign where necessary. We provide the required address for company registration at an affordable rate through our partnered providers.
Your company is typically officially approved on the day of application, and the date your company officially becomes operational will be communicated to you in writing. This period may rarely extend to the next business day depending on the workload of official institutions.
Bank Account Activation
1–2 hoursYou will go to the branch with our team for bank account opening. We manage all meetings and paperwork. Your account and cards will be activated on the same day.
Operational Support
OngoingOur operational support process now begins. We regularly manage your accounting, reporting, and legal notifications.
The company is just the beginning. A residence permit keeps you there.
If you plan a long-term stay in Georgia, your residence and work permit process is also handled by our team. We monitor the radically changing legislation for you in 2026 and manage your application from start to finish.
Professionals working with us.
“Receiving payments from abroad had been our biggest problem for years. With the Georgia Company Formation team, we solved this issue in a few weeks. Now we can focus solely on growth without worrying about operational details.”
“Previously, I dealt with two different accountants and a lawyer, constantly facing coordination chaos. Now, I have a single point of contact for all my financial matters, and everything is regularly reported to me. This is a great luxury.”
“For me, the biggest gain wasn't money, but peace of mind. I no longer wake up at night worrying 'am I doing something wrong?'. Knowing that everything is proceeding on a legal and correct basis is wonderful.”
We do not share names and brand information as we value our clients' privacy.
Your questions.
Yes, it is completely legal. All structures we establish comply with Georgian laws and international standards. We plan for compatibility with your personal situation in Turkey from the outset.
Absolutely. This solution focuses on your company's structure, not where you live. While you continue to live in Turkey, your company operates internationally. We ensure legal compliance between the two countries for you.
This is an application form, just a start.
Take the first step by filling out this form. Your information will guide us in preparing the most suitable structure for you. We will evaluate your application within one business day and get back to you with a dedicated consultant.
Don't lose any more.
Do you know how much you're losing each month with your current structure? Let's map out a custom roadmap for you with a 15-minute free strategy call. Get clear information without any commitment.
1-day setup. Planned exit strategy. No surprise costs.