Monthly GGR tax returns, player withdrawal tax, AML threshold reports and IFRS statements for licensed operators and B2B suppliers, for a fixed monthly fee.
What a Georgian permit holder files, how often and under which rule. Every line is in the operator package.
| Obligation | When | Rule |
|---|---|---|
| Profit tax on gross gaming revenue5% for foreign players, 20% for Georgian players | Every month | Tax Code Art. 98, 135 |
| Online betting tax on stakes, Georgian players7% of stakes accepted | By the 15th of the next month | Tax Code Art. 309(16) |
| Withholding on player withdrawals5% of every sum a Georgian player withdraws | Every month | Tax Code Art. 80(8), 154(1) |
| Payroll income tax20%, or 5% under International Company status | Every month | Tax Code Art. 81, 23 |
| Large transaction reportsReceipts, winnings or payouts above about €17,200 | Within 5 working days | FMS Order No. 1, Art. 7, 9 |
| Suspicious transaction reports | The same day | AML Law Art. 26 |
| Registration with the Financial Monitoring Service | Within 10 working days of the permit | FMS Order No. 1, Art. 1(3) |
| Permit feeAbout €34,400 per international permit | Every 12 months from issue | Fees Law Art. 9(2) |
| Financial statements and management report | By 1 October of the next year | Accounting Law Art. 9(2) |
| Statutory auditSize Category II and above | With the annual statements | Accounting Law Art. 6 |
| Property taxUp to 1% of average net book value | Every year | Tax Code Art. 202 |
A Georgian operator is taxed on what players bet and win, by player, every month. The books have to show that split before anything else.
Revenue is split by citizenship. Bets and winnings from foreign players are taxed at 5% and from Georgian players at 20%, so the monthly close starts from platform reports that separate the two.
Costs do not reduce the tax. The base is bets minus winnings. Salaries, platform fees, marketing and the permit fee come out of profit after tax.
VAT is a cost. Gambling services are exempt without the right to reclaim input VAT, so VAT on your purchases stays on the books as an expense.
Every online player is checked at sign-up. The anti-money laundering rules make operators accountable persons, supervised by the Ministry of Finance, with large payouts reported to the Financial Monitoring Service.
Size sets the standard. Most new operators report under IFRS for SMEs. Above about €6.9 million in revenue and €3.4 million in assets, the company moves to Category II and needs a statutory audit.
A fixed monthly fee for each, quoted after a 30-minute call. The first month includes taking over your Revenue Service and reporting accounts.
Platforms, game studios, aggregators
Fixed monthly fee, cancel with 30 days' notice
Online casino, slots or sportsbook
Fixed monthly fee, cancel with 30 days' notice
Commission income and holdings
Fixed monthly fee, cancel with 30 days' notice
Back-filing for missed months, statutory audit coordination and IFRS conversion are quoted separately.
The switch happens at a month end, and you see every return before it is filed.
We match your platform's GGR, deposit and withdrawal reports to the tax returns, by player citizenship.
Week 1
Revenue Service, Financial Monitoring Service and bank access moved to us.
Week 1
Past returns checked and anything to correct flagged in writing.
Week 2
The first monthly returns prepared, sent to you and filed.
Month 1
IFRS statements, audit if your size needs one, and the SARAS filing.
By 1 October
CEO
David spent six years inside the Revenue Service of Georgia, which receives every gambling tax return and audits the operators that file them.
A fixed monthly fee set by your permits and transaction volume, quoted after a 30-minute call. It covers the monthly returns, AML threshold reports and the annual filing; back-filing and audit coordination are quoted separately.
It depends on size. Category III and IV companies report under IFRS for SMEs or the SARAS standard, Category II uses IFRS for SMEs or full IFRS, and Category I uses full IFRS.
Only from size Category II, which in practice means more than about €6.9 million in revenue and €3.4 million in assets. Gambling companies are not public interest entities, so smaller operators are not audited by law.
Transactions over about €17,200 go to the Financial Monitoring Service within 5 working days, and suspicious transactions the same day. New permit holders register with the Service within 10 working days of getting the permit.
Gambling services are exempt from VAT without the right to reclaim input VAT. VAT paid on purchases becomes a cost, and suppliers charge standard VAT on platforms and games sold to Georgian operators.
Yes, usually at a month end. We take over the Revenue Service and Financial Monitoring Service access, review what has been filed and flag anything to correct before the first close.
Tell us your permits and monthly volumes. You get a fixed monthly fee in writing after a 30-minute call.