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Georgia: Exemption for certain dividends paid by non-financial institutions; VAT exemption for investment gold

Effective January 1, 2026

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february 9, 2026

Law No. 1061-IVМС-XIМП (published November 14, 2025) introduced the following tax amendments effective January 1, 2026:

  • Withholding and income tax exemption for dividends paid by non-financial institutions out of profits derived from distributions received from financial institutions beginning in tax year 2023
  • Value added tax (VAT) exemption for the supply and import of investment gold (i.e., gold bars of at least 995/1,000 fineness and coins of at least 900/1,000 fineness issued after 1800 for legal tender use)

For more information, contact a KPMG tax professional in Georgia:

Ana Mardaleishvili | amardaleishvili@kpmg.com

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