Tax and legal in Real Estate

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Tax and legal in Real Estate

Problem: Which form of entity to choose when entering Georgian real estate market?

Response: Georgian legal entity vs. foreign company (with a branch or no presence in Georgia), based on the specifics of your business

Solution: Deloitte CIS can carry out an entity choice analysis and provide you with an expert advice in respect of options most suitable for your business in Georgia

Preliminary stage:

formation and acquisition

Problem: How to finance Georgian real estate business? What would the tax impact be?

Response: Various options are available. Each of them has its own tax implications that under certain circumstances can adversely affect your business

Solution: Deloitte CIS offers services in designing tax efficient financing structures tailored to real estate projects in Georgia. In doing so, we always provide a comprehensive advice on how to minimize potential tax implications and risks

Problem: Which taxes are applicable to business operations involving Georgian real estate?

Response: Depending on various factors, your business activities may be subject to Georgian profit tax, VAT, property tax and land tax

Solution: Deloitte CIS will identify tax saving opportunities for your business (e.g. tax effective structuring of business operations, application of government tax incentives) and explain whether and how you can take advantage of them.

Operations services

  • Tax compliance for federal, regional and local tax returns
  • Assistance in preparation of financial statements
  • Structuring of corporate mergers and acquisitions
  • Application of special vehicles provided by Georgian legislation (e.g. real estate investment trusts etc.)
  • Support during tax audits and litigations with the tax authorities

Other services

 

Download the brochures about tax and legal services in real estate sector.

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