{"id":90505,"date":"2021-11-11T15:03:02","date_gmt":"2021-11-11T11:03:02","guid":{"rendered":"https:\/\/forbes.ge\/?p=90505"},"modified":"2023-05-18T19:21:16","modified_gmt":"2023-05-18T15:21:16","slug":"accounting-and-financial-tax-consulting-firm-in-georgia-dedicated-to-international-clients","status":"publish","type":"post","link":"https:\/\/dev.forbes.ge\/en\/accounting-and-financial-tax-consulting-firm-in-georgia-dedicated-to-international-clients\/","title":{"rendered":"Accounting and Financial Tax Consulting Firm in Georgia Dedicated to International Clients"},"content":{"rendered":"<h5><strong><span data-preserver-spaces=\"true\">The accounting firm in Georgia is equally specialized in both international and Georgian Taxation<\/span><\/strong><span data-preserver-spaces=\"true\">.<\/span><\/h5>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">TPsolution<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0(Transfer Pricing Solution) is based in Tbilisi and was founded by\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/about-us\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Gela Barshovi<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0in 2019. The company is among a handful of accounting\/consulting firms in Georgia, equally specialized in both\u00a0<\/span><strong><em><span data-preserver-spaces=\"true\">Georgian and International Taxation.<\/span><\/em><\/strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h5><strong><span data-preserver-spaces=\"true\">A local financial consulting firm in Georgia with a special dedication to foreign clients\u00a0\u00a0<\/span><\/strong><\/h5>\n<p><span data-preserver-spaces=\"true\">TPsolution\u2019s team and its founder have made a special effort to position the company on the Georgian market as a local firm with\u00a0<\/span><strong><em><span data-preserver-spaces=\"true\">European qualities and exceptional dedication to foreign clients<\/span><\/em><\/strong><em><span data-preserver-spaces=\"true\">.<\/span><\/em><strong><em><span data-preserver-spaces=\"true\">\u00a0<\/span><\/em><\/strong><span data-preserver-spaces=\"true\">This means TPsolution is specialized in all tax issues that are the most relevant to foreign individuals and companies doing or planning to do business in Georgia.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example, \u201c<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/consulting-and-accounting-services-for-it-companies-in-georgia\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Virtual Zone Person<\/span><\/a><span data-preserver-spaces=\"true\">\u201d (VZP) is a special tax status applicable for IT companies with the purpose of enjoying exemption from corporate income tax in Georgia. Also, \u201cSmall Business\u201d (SB) status is applicable to individual entrepreneurs who can enjoy as low a tax rate as 1% if they satisfy specific criteria. Both statuses are frequently used by foreigners working in Georgia.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the years, TPsolution has gained deep knowledge in both Georgian and international tax matters with the most emphasis on issues that foreigners are most frequently interested in \u2013 for example, VZP or SB; international tax planning is another such example.\u00a0<\/span><\/p>\n<h5><strong><span data-preserver-spaces=\"true\">Professional financial accounting and tax services offered by <\/span><\/strong><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/\" target=\"_blank\" rel=\"noopener\"><strong><span data-preserver-spaces=\"true\">TPsolution<\/span><\/strong><\/a><strong><span data-preserver-spaces=\"true\">\u00a0are available to foreigners in Georgia.\u00a0<\/span><\/strong><\/h5>\n<p><span data-preserver-spaces=\"true\">Here is a non-exhaustive list of consulting and accounting services that are frequently used by foreigners in Georgia:<\/span><\/p>\n<ul>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/countries-with-lowest-taxes-georgia-business-registration\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Business registration<\/span><\/a><span data-preserver-spaces=\"true\">;<\/span><\/li>\n<li><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/open-bank-account-online-in-georgia\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Opening a bank account (remotely or in-person);<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0Legal and postal address for a Georgian LLC;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Registration of a Virtual Zone Person or an International company;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Registration of \u201c<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/georgia-small-business-registration\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Small Business<\/span><\/a><span data-preserver-spaces=\"true\">\u201d (1% tax) and tax analyses;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Transfer Pricing services in Georgia;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Tax consultation, due diligence, tax dispute resolution services;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">International tax services in Georgia;<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Obtaining a tax residency certificate in Georgia for High-Net-Worth Individuals (without spending 183 days in the country);<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Obtaining a residence permit.\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Starting from business registration, continuing to office rentals and ending with Taxation, as well as bookkeeping and reporting services \u2013 TPsolution offers almost all necessary services with a\u00a0<\/span><em><span data-preserver-spaces=\"true\">\u201cone-window\u201d<\/span><\/em><span data-preserver-spaces=\"true\">\u00a0principle.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is simple, come to TPsolution, and you do not need to look separately for an accountant and a tax consultant, a postal address, an office, a person who will help you register your business and open a bank account. All will be done for you by one company within one all-encompassing agreement.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">All services are performed by TPsolution LLC with the complete dedication of high quality and professional team.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In addition, the founder of TPsolution is an expert in Georgian and international tax; he is always\u00a0<\/span><strong><em><span data-preserver-spaces=\"true\">personally involved<\/span><\/em><\/strong><span data-preserver-spaces=\"true\">\u00a0in each tax-related service performed by the firm.\u00a0<\/span><\/p>\n<h5><strong><span data-preserver-spaces=\"true\">Georgian tax adviser, a former tax inspector who obtained work experience and education in Georgia and the European Union<\/span><\/strong><\/h5>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/gela-barshovi-ll-m-wu-718b90a8\/\"><span data-preserver-spaces=\"true\">Gela Barshovi<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0(<\/span><a class=\"editor-rtfLink\" href=\"mailto:gela.barshovi@tpsolution.ge\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">gela.barshovi@tpsolution.ge<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0) is the founder of TPsolution LLC. He is a Georgian and an international tax consultant, former tax inspector, tax trainer and contributing writer to\u00a0<\/span><em><span data-preserver-spaces=\"true\">Forbes Georgia<\/span><\/em><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He started his career in the tax field as a Georgian tax inspector in 2010. He was a leader of a group of tax inspectors. He also worked as a tax consultant in Austria and Germany.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Gela holds a master\u2019s degree in international tax law from the Vienna University of Economics and Business (WU) and is a former member of OECD\/G20 BEPS project Working Party 6, which was in charge of amendment of OECD Transfer Pricing legislation.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Gela is among very few Georgian tax advisers who have gained work experience and education in Georgia and the European Union.\u00a0\u00a0<\/span><\/p>\n<p><em><span data-preserver-spaces=\"true\">\u201cMy goal was to establish and build a multilingual accounting and consulting company in Georgia, which would have European standards and high ethics to serve as a niche on the market. The aim was to be equally qualified in both international and local aspects of Georgian tax law to help foreign investors safely do business in Georgia.\u00a0<\/span><\/em><\/p>\n<p><em><span data-preserver-spaces=\"true\">I obtained a European education and experience to use them to build a Georgian company with European standards, and I think I am on the correct path already with apparent success,\u201d\u00a0<\/span><\/em><span data-preserver-spaces=\"true\">he says.\u00a0\u00a0<\/span><\/p>\n<h5><strong><span data-preserver-spaces=\"true\">Local Georgian accounting firm with an international network\u00a0<\/span><\/strong><\/h5>\n<p><span data-preserver-spaces=\"true\">In addition, TPsolution partners with accounting firms in multiple countries worldwide without being a member of a global alliance. This makes it possible for the company to provide professional services on a worldwide scale (e.g., international tax planning) at relatively low rates.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">An international network, dedication to foreign clients, and specialization in international and Georgian Taxation make TPsolution a unique local accounting and consulting firm.\u00a0<\/span><\/p>\n<h5><strong><span data-preserver-spaces=\"true\">Multiple helpful articles on Georgian tax law published in <\/span><em><span data-preserver-spaces=\"true\">Forbes Georgia<\/span><\/em><span data-preserver-spaces=\"true\">\u00a0by founder Gela Barshovi<\/span><\/strong><\/h5>\n<p><span data-preserver-spaces=\"true\">Besides providing high-quality professional services and helping foreigners better understand the Georgian tax system, Gela \u2013 in cooperation with\u00a0<\/span><strong><em><span data-preserver-spaces=\"true\">Forbes Georgia<\/span><\/em><\/strong><span data-preserver-spaces=\"true\">\u00a0\u2013 regularly publishes articles with detailed information on different tax matters.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">You can find the articles\u00a0<\/span><strong><span data-preserver-spaces=\"true\"><a href=\"https:\/\/forbes.ge\/author\/gela-barshovi\/\">HERE<\/a>.\u00a0<\/span><\/strong><strong><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><\/p>\n<p><em><span data-preserver-spaces=\"true\">More information about TPsolution LLC is available on their website:\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"http:\/\/www.tpsolution.ge\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">www.tpsolution.ge<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">. Also, you can approach them directly at\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"mailto:info@tpsolution.ge\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">info@tpsolution.ge<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">\u00a0or fill in the contact form here:\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"https:\/\/tpsolution.ge\/contact\/\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">https:\/\/tpsolution.ge\/contact\/<\/span><\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The accounting firm in Georgia is equally specialized in both international and Georgian Taxation. TPsolution\u00a0(Transfer Pricing Solution) is based in Tbilisi and was founded by\u00a0Gela Barshovi\u00a0in 2019. The company is among a handful of accounting\/consulting firms in Georgia, equally specialized in both\u00a0Georgian and International Taxation.\u00a0 A local financial consulting firm in Georgia with a special [&hellip;]<\/p>\n","protected":false},"author":615,"featured_media":90508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1747,1749,1736],"tags":[],"class_list":["post-90505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-business-en","category-partner-en","has-thumb"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Accounting and Financial Tax Consulting Firm in Georgia Dedicated to International Clients &#8226; Forbes Georgia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.forbes.ge\/en\/accounting-and-financial-tax-consulting-firm-in-georgia-dedicated-to-international-clients\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting and Financial Tax Consulting Firm in Georgia Dedicated to International Clients &#8226; Forbes Georgia\" \/>\n<meta property=\"og:description\" content=\"The accounting firm in Georgia is equally specialized in both international and Georgian Taxation. 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TPsolution\u00a0(Transfer Pricing Solution) is based in Tbilisi and was founded by\u00a0Gela Barshovi\u00a0in 2019. 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